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    Final Thoughts

    Final Thoughts

    Written by John Packard


    I was at the Cowen & Company Global Metals, Mining and Materials Conference in New York City earlier this week. I always find it interesting when meeting with members of the financial community as their questions and concerns can many times be much different than those of the steel community. The constant question was how could steel prices avoid gravity – with gravity being defined as the pull of iron ore and scrap prices lower.

    Then the next question is how low can prices go?

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