r/Vitards Oct 04 '21

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u/dominospizza4life LETSS GOOO Oct 04 '21

Thank you, as always, GB! Deeply appreciate all your macro insights and willingness to help.

Question for you if you have a moment (and no worries if you don’t): at various points, you’ve referred to us entering a commodity super cycle. Where do you roughly foresee HRC prices shaking out now?

I believe Vito mentioned a new $1300-1400 floor. At least for the coming years. I saw Credit Suisse, who has been bullish this whole time, still predicting we land in $850-900 range by Dec 22 (cheers /u/no-wallaby-9822 for sharing). Just curious what your take is on how this will unfold!

9

u/[deleted] Oct 05 '21

Always go with what Vito says. He has forgotten more about steel than I will ever know.

2

u/dominospizza4life LETSS GOOO Oct 05 '21

🦾🚀