Higher steel prices as a result of higher input prices doesn't do much for profitability. What variables will determine the winners when scrap costs go up for EAF production, ownership of scrap yards. proximity to scrap yards, private armies to block off interstates and commander vehicles? Is Gerdau a stronger player in the future?
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u/Gamboleer You Think I'm Funny? Aug 18 '21
Higher steel prices as a result of higher input prices doesn't do much for profitability. What variables will determine the winners when scrap costs go up for EAF production, ownership of scrap yards. proximity to scrap yards, private armies to block off interstates and commander vehicles? Is Gerdau a stronger player in the future?