Alloy Steel Inc. (fka AYSI)

[greasemonkeyshoes]

Supply side trends and projections by an expert.....
"Following the slump in prices from June to September 2012, Roskill expects prices to remain above US$120/t cfr for 63.5% Fe content Indian fines until the end of 2014, while a restocking phase may push prices towards US$135/t during 2013, although large fluctuations are not unlikely. As new capacity comes on-stream, the industry's price floor will gradually drop and Roskill expects that the US$100/t price level will be repeatedly tested and eventually broken towards 2015. In its baseline scenario, and adjusting for inflation, Roskill expects that prices may trend towards US$85 to US$95/t during 2016 to 2020..."

http://www.heraldonline.com/2012/11/14/4415222/iron-ore-industry-to-remain-turbulent.html

ps-"Death trap" or "ten-bagger" at work?? WE ARE LIVING IN AN EXCITING TIMES,a reverse of the "Super Cycle," a CHANGE where BIG $$$$$$$$$ can be had as FEAR overtaken most investors.For the survivors,time again to prove you got a STEEL STOMACH and ready to take advantage of the FEARFUL!!