RE:RE:EPS Estimates & Prices Realized So the midpoint of your easily achieved range is 1750 USD. With a exchange rate of 79.5 cents that we saw in Q3, you're saying Stelco realized 2200 CAD on their steel? How do you figure that when Alan said Q4 might be able to go over 2000 CAD? Seems like he wasn't committing to Q3.
marsman1 wrote: Your $1320 is far too low IMO . Every company has their own stratgey as to how to sell their steel. STELCO has said , a few times that they are selling into the spot market , so that $1320 U S could easily be $1600 - $1900 U S . If so the earnings will be higer than your seniro.