To get higher prices for steel products, there needs to be constraints on delivery/supply globally (IMHO) It is apparent that production of steel can meet damand into my foreseeable future but if the product cant be delivered on time then prices will go up, even with demand and production growing, so if gloabally, growth is rising then stell may go up. dunno how to monitor supply /delivery constraints - anyone know where to find global production/capacity utilisation figures on steel?
still with the div and poss t/o the shareprice should find support at this level ?it hit $8 fairly hard and closed some major gaps. $8.50 is my next target.
cheers
$6.50 or $8.50 in six months?????????, page-5
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