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Re: greasemonkeyshoes post# 5699

Thursday, 07/30/2020 12:43:32 PM

Thursday, July 30, 2020 12:43:32 PM

Post# of 8676
Conference call highlighted Restart of North Shore next-week that will end the possibility of this going down.

This is the floor that will be built on as demand is already outweighing supply with Algoma cut off and running out of feed stock that went to Toledo HBI, keeping pricing in Cliffs favor.

With Nucor back in line we will begin seeing DRI in high demand as manufacturing is increasing. Cliffs made the turn and is in complete control moving forward.

$10 - $15 by years end. IMO
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