Cleveland Cliffs Inc (CLF)

[Saving Grace]

Remember on the conference call LG stated he and ArcelorMittal had an agreement with a facility in Gary Indiana that they were currently working on while AK Steel also has something going on in Ohio. A shareholder said what looks to be a a new plant can be seen from the interstate.

I have been liking what I see with both customers of Cliffs and picked up positions in both of them because of it, as they are also 25 dollar stocks that have no business below $5 if it wasn't for the glut and cyclical cycle bottom together with illegal import steel dumping.