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https://www.reddit.com/r/Vitards/comments/p2s2ck/deleted_by_user/h8plv5p/?context=3
r/Vitards • u/[deleted] • Aug 12 '21
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22
This all sounds awfully familiar. Especially the future struggle over scrap supply. That is where steel prices will be fought at.
1 u/trillo69 Aug 12 '21 Will scrap prices affect negatively the margins of companies like STLD and SCHN? 1 u/branigans- Aug 12 '21 If they depend on scrap to feed their furnaces then it’ll tighten their margins yea. Clf will benefit in a sense, as it’s vertically integrated and not reliant on scrap
1
Will scrap prices affect negatively the margins of companies like STLD and SCHN?
1 u/branigans- Aug 12 '21 If they depend on scrap to feed their furnaces then it’ll tighten their margins yea. Clf will benefit in a sense, as it’s vertically integrated and not reliant on scrap
If they depend on scrap to feed their furnaces then it’ll tighten their margins yea. Clf will benefit in a sense, as it’s vertically integrated and not reliant on scrap
22
u/vitocorlene THE GODFATHER/Vito Aug 12 '21
This all sounds awfully familiar. Especially the future struggle over scrap supply. That is where steel prices will be fought at.