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DewDiligence

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DewDiligence

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Re: OakesCS post# 21693

Tuesday, 04/07/2020 11:57:21 AM

Tuesday, April 07, 2020 11:57:21 AM

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Trying to resurrect generic steel manufacturing in the US is foolish.

CLF’s CEO, Laurenco Goncalves agrees with this, in part. He considers AKS the polar opposite of a generic steelmaker, but he supports tariffs to enable the existing commodity segment of the US steelmaking industry (CLF’s external customers for iron-ore pellets) to survive.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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