Steve Grasso has been buying steel stocks. We definitely are near the bottom. AKS used to trade in the 40s... With some tailwinds, there is no reason why it couldn't get back to those levels in due time.
It was at $40 when we had a good economy, we are no where near those times again. I do agree with you in the fact that we are at the bottom here, just need a couple qts for AKS to get back to the $15 level