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maxluke1

02/22/21 7:03 PM

#84717 RE: hweb2 #84715

FRD - certainly a solid quarter. I was surprised that they mentioned the tubular segment was even doing well in December. Given coil steel prices so far in Jan/Feb, it seems that Q4 EPS close to $1 isn't out of the realm of possibility if prices hold up?

https://ca.investing.com/commodities/us-steel-coil-futures-advanced-chart

Was also relieved that they didn't mention the Texas weather/outages as an issue for their operations (as a result, I'm assuming impact was small)