Just can not believe this. How low is it going and when is it going back any where near $48. This is ridiculous - worse that 4 years ago. Thank you for your serious opinion.
This companies legacy cost are whats killing it.No one is buying steel right now.If the market corrects this will be in single digits.
Steel seems to be going down with Gold..markets say it's all the same..i.e gold, oil, silver, steel
Thank China for this...