Rocket
Not all the world sees the advantage of leverage as you and I do.
Rebar steady to rising while flatcoil continues to drop.
That places ARI in the better place than the other Aussie steel producer exporting flat coil.
Construction up and new markets for steel construction.Having read the ARI sustainability report it is obvious ARI is really co ordinating structural steel construction.I note the efforts to get all steel construction back into the Queensland market.
It sounds to me Steel is getting a Molly Cop structural makeover with similar market margins and strength due to show regular income.
Happy New Year
With far better leverage than any investment property-been there done that rather successfully .
ARI Price at posting:
5.8¢ Sentiment: Buy Disclosure: Held
