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    Final Thoughts

    Final Thoughts

    Written by Michael Cowden


    Let’s put aside the question of whether the steel market has peaked. Let’s just assume that it has, for the sake of argument.

    Will the correction be gradual, rapid, or gradual until it’s rapid? I tend to think it will be the latter. But let’s put the question of timing aside and just look at the potential downside risk in one chart from SMU’s interactive pricing tool.

    Michael Cowden

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