I listened to a podcast the other day and I now can't remember who or where it was, but the guy seemed to understand the industry in the US. He said that, as best he could estimate it, steel factories in the US were running at about 70% capacity. If that's accurate exporters into the US will, on average, have their revenue pared back a little but a lot will still get through at the higher prices. Interesting times.
BSL Price at posting:
$25.24 Sentiment: Hold Disclosure: Not Held
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