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Steel Yourself For Earnings

There have been some interesting developments in the steel industry over the last year or two. To get an understanding of the potential for gains associated with this earnings season, it is necessary to look at a little of the history and to look at some of the major steel producing nations outside of the United States and China. We must then consider which of the steel producing companies are in the best position to benefit not only from a change in market forces, but also in relation to the confused global political picture. The thesis explored in this article is not just a quick return on a near-term catalyst only; it is quite possibly a decade long…