Replies to post #5635 on Cleveland Cliffs Inc (CLF)

[N4longterm]

demand is week and steel is in oversupply.

And yet steel pricing is up on every load I receive and what used to ship in 48 hours now takes a week minimum. That article sounds like a load of slag....

EDIT: I forgot to mention; our steel sales are continually increasing....

[Saving Grace]

Consider the source. The writer of that article Jaimini Desai has zero credibility, who goes by multiple aliases and is a paid mouth that can't be trusted. Shorts are screwed, plain and simple. When we start seeing shorters printing fabricated bull shit like this, we know their gig is up.

Iron ore fines are over $120ton and port inventory is dramatically low and nearly gone around the world. It's a whole new ball game.