Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: accountclosed who wrote (36238)	11/14/1998 8:29:00 AM
From: Ilaine	Read Replies (2) of 132070

Hi Antoine, FYI (and please don't be offended if you already know this), low price in steel industry not just due to "dumping" and Asian crisis; auto manufacturers are shifting to aluminum to save weight, aluminum has become much cheaper to produce. My Rover has an aluminum body and an aluminum engine, which makes it rust resistant (steel body cage, otherwise I'd say rust proof) and improves the gas milage all the way to a whopping 13 mpg. cbs.marketwatch.com Don't know why National Steel is lower than others. I do know that Nucor Steel is considered by people I respect to have promise, due to its small batch mills that are cheaper to fire up and can handle scrap. Philosophically, the relatively low prices of companies like Nucor and Bethlehem Steel are another factor that makes me question whether the market as a whole is overpriced, or whether just certain sectors are. CobaltBlue

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next