It sounds like the knockout bid, it absolutely does. |
It's the effect of metal prices. There's been a big move since late last year. |
The biggest impact is always price, but costs are absolutely critical. Natural- gas costs are a lot higher, coal costs are higher. |
This is a brilliant move and I certainly never expected it. Now, investors are taking a hard look at some of the smaller steel companies, and frankly, many of these are pretty cheap. |