Final Thoughts
October 2, 2019
Final Thoughts
Written by John Packard
Our last issue sparked our readers to comment on a couple of topics. We addressed the Bayou Steel comments in another article in tonight’s issue. I will address the comments I received from U.S. Steel regarding their purchase of a portion of Big River Steel and the exposure to electrical steels (something I have never sold during my career).
In Tuesday’s issue I made the following comment, “Something to consider – I was speaking to a couple of analysts about Big River Steel and the company is investing a large amount of money into being able to produce electrical steels. This is a product that USS does not make.”
