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Strategies & Market Trends : Commodities - The Coming Bull Market
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To: craig crawford who wrote (1409)7/30/2002 9:38:58 AM
From: chomolungma  Read Replies (1) of 1643
 
Under a headline, "Steelmakers Post Improved Results for 2nd Quarter," a reporter writes: "Buoyed by import tariffs, the country's two largest steelmakers reported vastly improved second-quarter results, as mills operate at nearly full capacity and prices rise.

Don't forget all the other articles that have chronicled the distress that the steel USERS have been coming under. They are competing against companies who have access to cheaper steel and will not be able to compete.

Oooops. Didn't think of that, did you?
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