including CLF. Only hope is that their earnings are blockbusters based on IO price holding up in $135-$150 range thruout the Q-1 of 2013.
spot IO is largely irrelevant to CLF, 72% of their supply is under contract, just look at the IO spot lows, they still made money even below their input costs....all due to contracts
We getting Corrected by the mushrooms on wall street. they feed on your fear-screw um-don't margin the ranch and wait it out