Domestic steel production can be fully supported by domestic iron ore and coke production. I'm hopeful for a strong steel demand this year. Cliffs, the new and largest domestic steel maker's stock increased 5x from it's 2020 low.
Cleveland Cliff's bought out most of the competition at the bottom over the last few years and will control the market resulting in higher prices. Very determined CEO.
only higher prices if there is demand... n steel tariffs remain... if demand is slack n biden lessens tariffs....
