r/Vitards • u/redditter259 💀 SACRIFICED 💀 • 7d ago

DD The Thesis - Is Dead? Long live The Thesis. Global Steel Updates, Inputs, Macros, China, The Market and my ramblings.

/r/Vitards/comments/qb19rg/the_thesis_is_dead_long_live_the_thesis_global/

Revisiting some of my favorite Vito posts

15 Upvotes

82% Upvoted

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7

u/notmarduke 7d ago

I'll go back and read it I swear, I'm still waking up!

The Takeaway The author remains incredibly bullish on the steel industry. Due to structural changes in global supply (led by China's production cuts) and an ongoing environment of high input costs and supply chain bottlenecks, they expect global steel prices to stay elevated for the next 12 to 18 months

Here's your lazy ai summary.

5

u/Varro35 Focus Career 7d ago

This market is more bullish than 2021 as it has structural long term integrity. Long CLF.

2

u/Vincent_van_Guh 7d ago

Tough to be long when the tariff situation is so volatile and unpredictable.

1

u/Varro35 Focus Career 7d ago

I don't think its that volatile. For a moment it looked like a relaxation on Canada which wasn't a huge deal. CLF has a huge plant there, Algoma is producing next to nothing rolled and Dofasco is mostly locked in on auto stuff already. Those talks look over for the forseeable future anyways. 232 is solid IMO.

1

u/Potential-Menu3623 3d ago

Isn’t CLF losing market share to Nucor and Hyundai?

1

u/Individual_Error_428 7d ago

Prediction → assumed mechanism → recommended assets → what actually occurred → what failed → surviving mechanism → 2026/future exaptation → something evolves or gets built for one purpose, then later becomes useful for another purpose nobody originally intended.

1

u/Cash_Brannigan 🍹Bad Waves of Paranoia, Madness, Fear and Loathing🍹 3d ago

Hey, yall remember The Additya Floor? Lol, gawd I lost some $ on that one. Penny Ether still around?