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winchem21

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winchem21

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Re: DewDiligence post# 24159

Wednesday, 06/09/2021 7:16:47 PM

Wednesday, June 09, 2021 7:16:47 PM

Post# of 29331
Today’s bump was primarily due to the HBI Toledo ribbon cutting ceremony. Amazing how LG’s vision matches so well with current issues of global warming, competing with China, and increased scrap prices.

IMHO, CLF is still at 50-60% of its underlying value by 2022E when net debt may well be 0 if HRC prices remain high….



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