Ok I’m done buying it can go up now![]()
it will be interesting to see how the low grade responds now that steel margins are starting to come off and no word of yet on any restrictions back on for Tangshan.
This will be the test to see if management were correct that there is a somewhat large cyclical component to the discounts. We can watch this space may be a few months of improvement until winter restrictions.
A lot of today is macro noise with China USA tariffs too
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Ok I’m done buying it can go up now :) it will be interesting to...
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