thinking ahead

Can Steel Stocks Continue to Climb?

I agree with your thoughts and I'm enjoying the ride on X and ATI. But I wonder if the steel companies could somehow get caught in the same bind that the oil refiners are in. Remember the talk about "not a single new refiner built in the US in 40 years . . . "? Turns out, they got caught in a squeeze between input cost escalation and anaemic pricing power. I'm just being cautious here, and still holding those X and ATI shares.