Well when there is no news you post the following.
I prefer bisalloy employing new sales people ie as per their website a new sales guy employed for qld/NT,imo clearly its not just for the upcoming boxer production,it would imo have to be because the mining sector is maintaining reasonable production/sales levels.Much better than bis reducing emloyee levels.
Secondly,'i love trump; and clearly he loves us.I'm guessing because of our defence spending as he has been complaining about specific allies (NATO) not contributing their fair share of defence spending ie leaving all the work for the US.
So he applies taritts to canadian and europe steel producers,great mate.
That leaves the 2 lge Q&T ssab and accetemittal US steel producers one indian owned one swedish.
hmm 2 points ,first will be interesting if bis exports increase to US as no teriffs placed on australian steel.
Second point,just another reason for bluescope steel to pull their finger out and buy bis and build a Q&T plant in the US,because imo or clearly obvious,australia has a much stronger history than sweden or india so imo an australia Q&T producer would be very welcome in the US.
There,a post you post when no new news.
GL to all as we wait for update and never forgetting we are not on the board and we are dealing with the sharemarket.
BIS Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held
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