GREY:LBEFF - Post by User
Post by
SXR600on Feb 23, 2008 12:15pm
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Post# 14532619
Exciting near future
Exciting near futureNo doubt in mind that commodities now do not care about possible recession in US anymore, they are moving higher.
Excitement rose in my mind when I learned that iron ore over night had been traded +60%, iron ore is most important ingredience in Stainless steel. As time goes people will think that nickel is not that big of cost in production so it will rise.
LBE with its coming production rise is very well positioned!