Wonder if it will reach down to the 50s again, if not lower? That would provide some temptation, albeit of a modest sort.
15 Aug '15
When do we think steel prices will start to rise again. And is evraz in a good position to deal with the low commodity price?
8 Aug '15
Yes, a possibility. In a relentless downtrend . What was the low last year , 50p area?
7 Aug '15
we cold see double bottom here
3 Aug '15
A Long time. Go back to basic Macro fundamentals. On the demand side, will that grow anytime soon? No I'm my opinion. Pretty clear China is slowing and i can't really see anywhere else doing particularly well, USD will likely get stronger, pushing the price of commodities down. Not good times for miners, energy and the materials companies. Excellent short from above £2.00 ..... all imo
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