Replies to post #1257 on Cleveland Cliffs Inc (CLF)

[Saving Grace]

It's happening right now and we are already seeing the impacts.

I'm not kidding Bud, check this out, it's happening.

This is why I called the bottom and bought heavy at 1.50 today.

And it only just begun as we will see more and more sanctions with a possible ban on all foreign imports. It's just getting started. History repeating itself.

Steel imports down 23% in November; pace for 39.6M tons
Posted On December 30, 2015
WASHINGTON D.C. — As the U.S. Department of Commerce starts slapping tariffs on steel dumpers, imports are finally starting to fall.

Preliminary steel imports plunged by 23 percent in November, according to the American Iron and Steel Institute.

http://ashlandalliance.com/2015/12/steel-imports-down-23-percent-in-november-pace-for-39-6m-tons/