jgunter
I keep tabs on steel production figures for China and USA, The US is performing pretty good imo.
Until these year on year indicators show slowing then I would be concerned.
Hence why IO prices have fallen greatly, IO does not have the issue of hedge fund speculation plays, as Nickel, Copper, Zinc & Lead has.
IO prices are govern by simple supply and demand, as yet I cannot see an issue with pricing.
http://www.worldsteel.org/statistics/crude-steel-production.html
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