TEC report out of Japan hinted at minor weakness with steel prices going forward, but it is a self serving rag on occassion, and would partially be influenced by their Chinese cousins conducting the street protests over the weekend.
The Chinese steel makers continue to put pressure on those in Japan.
We are also approaching the summer shut down period, but no-one has any nickel in strorage-will be a choppy couple of months, and safer to be long! (Just like Goblin's feet!LOL)
Cheers,TAS
JBM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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