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Post# of 91121
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tenn

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tenn

Re: None

Tuesday, 02/08/2011 12:57:38 PM

Tuesday, February 08, 2011 12:57:38 PM

Post# of 91121
Before someone comes up with the price of shipping
is going to deter this company from their profit
margin;
----------------------------------------------------

In many cases, right now, it costs more to ship iron ore to a steel mill than to actually buy it. The major miners are factoring their shipping price into the cost of the iron ore and raking in the profits. Meanwhile, Big Steel is feeling the pain.

tenn21
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Volume:
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Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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