Interesting take on the steel industry:
The below is information taken from Zacks, that was posted on the 29th of October, about the outlook for the steel industry.
"According to World Steel Association (“worldsteel”), steel demand in the U.S. was down 41.6% in 2009 at 57.4 million tons...
Been following this stock for a while, hold it too. Trading around the 2.08 range today, and from a technical standpoint i think it's definitely building some sort of base here.
6 month charts show it trading between the 2.08-2.50 range, and i've seen valuations of it, at over 3.10...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.