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bradford86

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bradford86

Re: barsell post# 162

Sunday, 05/23/2010 12:53:39 PM

Sunday, May 23, 2010 12:53:39 PM

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got the following question asked, figured i'd post:

Are you concerned about/have any idea about what to do over energy prices hurting some industries? I believe the production of industrial materials is pretty energy Dependant.

For example, CNAM's gross margin is about 7% i think, as well as other steel recycling companies in china. a 200% increase in energy prices could really tighten that.
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