steel magnet

Steel: The Top Is In Parts II, III

I copied the following statement from a seeking Alpha article by William Ellard "Peter Marcus of World Steel Dynamics believes that eventually steel makers will be unable to pass along raw material price increases, and that banks will begin refusing to finance inventories at these prices. Ironically, this may be a plus for U.S. steel makers since rising steel prices, and dollar issues, have made them more cost-effective while making foreign imports less attractive. This is good news for U.S. steel."
penalty tariffs recently cleared by the U.S Int'l Trade commission "for circular welded pipe" will also help domestic steel.
It is my opinion that the only thing holding back more drilling by U.S. oil drillers is a shortage of steel mills in the U.S. Its also my opinion that this is the price increase in TS "Tanaris".