News Focus
News Focus
Followers 16
Posts 1521
Boards Moderated 0
Alias Born 05/03/2005

Re: DewDiligence post# 5494

Monday, 07/30/2012 9:46:59 AM

Monday, July 30, 2012 9:46:59 AM

Post# of 30494
i suspect that undue emphasis is being given to the automobile industry's consumption of iron. Iron consumption for pipe and pressure fittings is probably more significant (that isn't just a WAG). That iron will not be supplanted by aluminum. Iron consumption is very much tied to oil and natural gas production, refining, and transportation; i suspect the linkage is getting stronger.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now