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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (8371)2/20/2004 12:27:33 PM
From: John Doyle  Read Replies (1) of 110194
 
"stiff competition is forcing steel users to absorb the higher costs"

I know of two steel fabricators in the north east that cannot raise their end prices because competition is tough up there. FYI They have to eat it an reduce margins wich are being squeezed by higher healthcare cost.
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