Followers | 23 |
Posts | 3044 |
Boards Moderated | 0 |
Alias Born | 02/05/2008 |
Saturday, November 26, 2016 11:25:47 AM
http://www.taipeitimes.com/News/biz/archives/2016/11/26/2003659990
"Steel mills in the US have raised prices for steel plates by US$110 per tonne since the end of last month, CSC said in a statement."
Bottom line:
Steel/IO stock price runs are probabilistically sustainable from now into Q1 2017;million dollar question: how big of a bubble could this be??
ps-at present,my hedges are $11.00(was $10) for jan clf and $13(was $12) for apr. I plan to raise it to $12.00(jan) and $15.00(april) very soon.
ps2-for those with an open mind,otm vertical put spread(or credit put spread) is the way to go,between the balance of Q4,and now extended to Q1 2017. Again,use the money you can afford to loose and good luck.
ps3-WHEN IT RAINS $,IT POURS $$$$$$$$$$$$$$$$$$$.
Note:
Ran into a truck driver carrying rolled steel and making local delivery in southern California and I asked him where the steel from? He said Taiwan(or CSC).
Recent CLF News
- Cleveland-Cliffs Announces Shareholder Approval of Arrangement to Acquire Stelco • Business Wire • 09/16/2024 08:15:00 PM
- Cleveland-Cliffs Reaffirms Commitment to Middletown Works Decarbonization Project and Ongoing Partnership with the U.S. Department of Energy • Business Wire • 09/16/2024 06:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/13/2024 08:33:33 PM
- Cleveland-Cliffs Successfully Amends Asset-Based Lending Facility • Business Wire • 09/13/2024 12:31:00 PM
- Cleveland-Cliffs Commends President Biden’s Reported Decision to Block Foreign Ownership of U.S. Steel by Japan’s Nippon Steel • Business Wire • 09/05/2024 08:46:00 PM
- Cleveland-Cliffs Announces Promotion of Michael Hrosik to Senior Vice President, Commercial • Business Wire • 08/21/2024 04:16:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/16/2024 09:17:13 PM
- Cleveland-Cliffs’ New 4-Year Labor Contract with the UAW Ratified at Dearborn Works • Business Wire • 08/16/2024 05:38:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 09:14:47 PM
- Cleveland-Cliffs Inc. Announces Upsizing and Pricing of an Additional $600 Million Senior Guaranteed Notes due 2032 • Business Wire • 08/13/2024 08:11:00 PM
- Cleveland-Cliffs Inc. Announces Proposed Offering of an Additional $500 Million Senior Guaranteed Notes due 2032 • Business Wire • 08/13/2024 01:07:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/01/2024 07:12:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/24/2024 08:19:46 PM
- SAP Shares Surge 6%, NXP Declines 8% on Lower-than-Expected Profits, and More Earnings Highlights • IH Market News • 07/23/2024 10:02:34 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/22/2024 08:47:27 PM
- Cleveland-Cliffs Reports Second-Quarter 2024 Results • Business Wire • 07/22/2024 08:05:00 PM
- Cleveland-Cliffs Announces Its New State-of-the-Art Electrical Transformer Production Plant in Weirton, West Virginia • Business Wire • 07/22/2024 11:00:00 AM
- US Index Futures Advanced, Oil Prices Inch Higher • IH Market News • 07/22/2024 10:06:47 AM
- Match Group Soars 8% Amid Potential Sale Pressure; Deutsche Bank Anticipates 2Q Loss, and More • IH Market News • 07/16/2024 10:10:09 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/15/2024 09:00:49 PM
- Cleveland-Cliffs Announces the Acquisition of Stelco • Business Wire • 07/15/2024 10:00:00 AM
- Cleveland-Cliffs to Announce Second-Quarter 2024 Earnings Results on July 22 and Host Conference Call on July 23 • Business Wire • 07/01/2024 06:38:00 PM
- Cleveland-Cliffs Posts Press Conference and Q&A with U.S. Senator Sherrod Brown and USW International President David McCall on Website • Business Wire • 06/26/2024 07:09:00 PM
- Cleveland-Cliffs to Host U.S. Senator Sherrod Brown and USW International President David McCall at Cleveland Works • Business Wire • 06/24/2024 08:49:00 PM
- Cleveland-Cliffs to Host U.S. Senator Sherrod Brown and USW International President David McCall at Cleveland Works • Business Wire • 06/24/2024 08:05:00 PM
FEATURED Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM
North Bay Resources Announces Mt. Vernon Gold Mine Bulk Sample, Sierra County, California • NBRI • Sep 11, 2024 9:15 AM
One World Products Issues Shareholder Update Letter • OWPC • Sep 11, 2024 7:27 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM