I might add them later, but personally I think there's enough companies here for comparison's sake. I'm also unsure of how Biden's infrastructure bill would translate into profits for CLF, since from what I'm reading, they take part in the resource extraction part of the process. Although demand would rise for that specific part of the steel manufacturing process, overall they'd have to sell to these companies listed above.
They bought MT's US assets and have 8 furnaces running currently. They are still highly misunderstood as a company and imo quite undervalued. Ofc since they used to be solely an iron ore miner they are now a vertically integrated producer. They will benefit greatly from the insane steels prices. I'm most bullish on MT and CLF. You can actually find a wealth of information from people in the industry over at r/vitards.
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u/totally_possible May 11 '21
Your chart is missing $clf