Steel

[Anonymous No.28909997]

I think steel stocks will go up 40%-80% in the next 6-9 months.
Now i know those are boomer gains compared to you crypto guys, but its probably worth buying some options

[Anonymous No.28910101]

And why would steel go up with everything the current US government is doing regarding environmental regulation and chinese trade

[Anonymous No.28910134]

I just spent $3M on CLF calls for this friday

[Anonymous No.28910212]

All commodities are going to spike, inflation is causing a commodities supercycle. Look it up.

And dont forget copper either faggots

BUY FCX

[Anonymous No.28910300]

betting big on MT. world's largest steel producer. beat eps for q4 by 1000%, share buyback program and dividend reinstated.

And all this will the steel demand is skyrocketing.

[Anonymous No.28910571]

>>28910101
Gas prices are going up.
Dollar losing value, goos for commodities.
The world needs Steel. There are green ways to produce it but its much more expensive, which is bullish for Steel.
Check out $MT. Their CEO recently said something to the effect of they are converting to carbonless steel production by 2040.
I also believe there is a tech bubble and when that pops more money will start moving to commodities.

[Anonymous No.28910805]

>>28910571
Have calls on X, CLF and NT
Looking to probably add FCX and STLD calls as well
Anyone have steel tickers that they like?

[Anonymous No.28911782]

>>28910571
>carbonless steel production
nigga what

[Anonymous No.28912128]

>>28911782
Carbonless steel manufacturing wouldve been a better way to say it

[Anonymous No.28912317]

>>28912128
how tf you making steel carbonless?

[Anonymous No.28912359]

Is this a clf tranny thread?

[Anonymous No.28912438]

>>28912128
Carbonless steel is iron, 48 IQ anon

[Anonymous No.28912535]

>>28912317
>>28912438
he is probably referring to having carbon-neutral manufacturing facilities, no that the steel itself doesn't have carbon in it
actual brainlets flooding in from /wsb/ recently holy fuck

[Anonymous No.28912574]

>>28910571
Gas prices are going up because Biden killed keystone xl which caused all kinds of problems in the industry. (And cost hard working burgers/leafs their jobs)

[Anonymous No.28912899]

>>28910300
But why is EPS -$.81?

[Anonymous No.28913060]

>>28912535
>carbon-neutral manufacturing facilities
what are you a faggot?

[Anonymous No.28913092]

>>28910101
this, steel at least in the U.S. is going to fucking crater as Biden makes it impossibly expensive for U.S. steel producers to do business by restricting cheap American energy that powered their resurgence. Already the shift is happening back to shit tier quality Chinese steel and just because it's so much cheaper despite the horrible quality differential.

[Anonymous No.28913138]

[Anonymous No.28913166]

>>28910134
Da fuk are you posting on /biz/ for? You work for a hedge fund?

[Anonymous No.28913242]

>>28912574
he also killed new exploration or drilling and leasing. in one quick swoop Biden killed the American cheap energy industry.

[Anonymous No.28913292]

>>28909997
I'm betting pretty big on lithium. Batteries are the future and the supply of it is shrinking everyday

[Anonymous No.28913351]

>>28913060
>he doesn't understand biomass facilities

[Anonymous No.28913610]

>>28913242
I could understand if he had some relevant and realistic issue with the industry and was doing it to improve the environment or whatever but the truth is he’s only doing it out of spite, a fuck you to Trump for reversing king Obama’s decision.

[Anonymous No.28913756]

>>28910212
>inflation is causing a commodities supercycle.
this time prices of commodities are rising because of rarity.

[Anonymous No.28913819]

>>28912574

[Anonymous No.28914038]

>>28913138
F-35 is trash anyway. Saves us from ourselves.

[Anonymous No.28914348]

>>28912574
Take this shit to /pol/ this is a thread for making money on steel stocks not kvetching.
Profit off bidens mistakes instead of crying about them

[Anonymous No.28914450]

>>28909997
>Steel stocks mooning during a Chinese import friendly presidency
>>28910571
>There are green ways to produce steel
>Implying that China follows the same rules we do

[Anonymous No.28914909]

>>28913138
Domestic REM suppliers would go through the roof then.

[Anonymous No.28914972]

>>28910134
Whats got you so confident? Share with the class please.

[Anonymous No.28914993]

>>28914909
Not a lot of rare earth miners in the US.
There are more in Canada as far as I know.

[Anonymous No.28915209]

>>28914993
The only one I see and its been gangbusters this year.

[Anonymous No.28915260]

>>28910212
buy
NAK

[Anonymous No.28915398]

>>28913292
UUUU
HUH?

[Anonymous No.28915427]

>>28909997
steel has gone up 4% per month the last three months. t. const mgt fag

[Anonymous No.28915479]

>>28909997
Sorry bud but steel prices will most likely go down under Biden
t. Steel worker

[Anonymous No.28915621]

>>28915479
unless
an infrastructure bill gets passed?

[Anonymous No.28915716]

>>28909997
Too late, US Steel (X) was trading at like $4 this summer and now its around $20. We already missed the big poomp

[Anonymous No.28915750]

>>28915621
Possibly. But in general the more construction and businesses opening up the better. Steel prices went way up when trump was President, way down when Obama was President. Not being political, just kinda how it goes

[Anonymous No.28915840]

>>28909997
Steel takes fucking forever to turn from ore to sellable material, and things made out of steel also take fucking forever to make. Steel is one of the least moonable economic sectors, period.

[Anonymous No.28916069]

>>28913610
truth and it's honestly sad as it's straight up bad for America no matter ones politics

[Anonymous No.28916665]

>>28914909
>>28914993
UUUU?

[Anonymous No.28916737]

>>28915750
Miss TRUMP like you wouldn't believe

:-(