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jbog

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jbog

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Re: santafe2 post# 24938

Wednesday, 12/01/2021 9:39:07 PM

Wednesday, December 01, 2021 9:39:07 PM

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Steel Demand is waning and there's starting to have some surplus in the marketplace.

The first step will be that the steelmakers will lose the preiu they've enjoyed in this recovery and prices will get back to the norms related to their costs.

The second step will be bloody with all the new production coming on line over the next two years.
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