The Rising Influence of Rising Affluence

[jbog]

Investing in the steel related industries at this point is risky at best. The american auto industry is in the process of stripping as much steel out of their product as possible because of the new fuel standards (Ford only today announced replacing 700 lbs of steel per F-series truck with Alum) coupled with China overproduction situation.

In the near future, scrap might be the only ingredient you need.