/biz/ - Business & Finance

Anonymous Fri Feb 2 03:02:45 2024 No.57482262 [View]
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Steel prices rose slightly today after their big drop on the 30th. I think the next move, up or down, will tell us a lot about what is to come. If scrap has a decent move up, that's going to raise the production prices for the EAF/mini mills, if scrap goes down, then I think steel will continue to drop. My estimate is that steel (HRC) will continue to drop. It certainly looks like that from the chart, anyways.

>>57479487
anytime fren

>>57480363
no pee pee today.

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