06.02.2009 - Buy steel now, says analyst

From Hardassetsinvestor.com: Right now, the domestic steel industry in the U.S. is lobbying the current administration for $1 trillion over the next two years in an infrastructure package. I don’t know if we’ll get the $1 trillion, but there will be something hefty to contribute to infrastructure. That takes a little time, but it would put basically a strain on supply in the future for steel if that does come to fruition. .... Full Article: Source

Print