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  • tedro145 tedro145 Jan 28, 2011 11:24 AM Flag

    PCX is backing up my ACI & BTU...

    Ceo from Nucor Steel was on Mad money last night. They have had 5 price increases for steel that all mills are also doing. That means the demand for steel will allow coal producers to pretty much name their price. As you said flooding is not an issue with pcx,aci. Btu does have some exposure to flooding. JOYG will also have some added business replacing parts on mining equipment that is now underwater in Australia.