From what I gather MCC is mainly PCC for steel production. Getting boosted by general consensus that the worst of this crisis is over, and therefore the world will need to build more stuff out of steel.
If the general sentiment turns negative like it did last June and we have another leg down, then I reckon MCC will lead the charge south. Either way though, when the bull market eventually does return (and I'm betting it will) MCC should climb pretty fast.
I've been loving this recent action but another leg down short-term wouldn't surprise me.
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