I believe in steel price will raise due to inflation and dec...
I believe in steel price will raise due to inflation and decided to buy $United States Steel(X.US$ June 25 call. Today there's news that china top steel producer will reduce output by 10% means there will be lesser supply, while demand still remain strong! Steel price has been climb upwards too, let's hope the result released on Jan 28 is good and we can see some good recovery!
Let's go steel!
https://www.channelnewsasia.com/business/chinas-top-steel-producer-hebei-sees-output-down-10per-cent-2021-amid-government-curbs-2447761
Let's go steel!
https://www.channelnewsasia.com/business/chinas-top-steel-producer-hebei-sees-output-down-10per-cent-2021-amid-government-curbs-2447761
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