People, I can’t believe we are still discussing this.
There is no oversupply of the good sheet, even the Chinese spot prices were up, not that I base much on that as it only represents 5% of the market. But.. that is the market that MS and fellow downrampers (future investors) live in.
There is no supply, there will not be enough to go round from 2020. For those that haven’t worked it out yet, it’s commonly referred to as a BOOM.
Basic high school taught me that, many years in business has taught me much more.
Once this industry goes again, it won’t stop.
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