These global events are to early for MGU to capitalize on, but nevertheless still reassuring for the overall business plan. (sounds sad, to capitalize on a war, but these are the circumstances created.)
"U.S. imports of Pig iron totaled $134.69 million in December, a change of -11.51 percent from the same month one year ago. The change from one month ago was -57.32 percent. Among more than 1,260 commodity classifications, Pig iron ranked No. 157 in December. It had ranked No. 235 for the same month last year.While Pig iron ranked No. 157 in December by value, it ranked No. 10 by tonnage. The top three U.S. markets by value for Pig iron imports in December were (1) Ukraine, (2) Brazil, and (3) Russia.
MGU Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held
