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    Analysis

    Final Thoughts

    Written by Michael Cowden


    It seems all the swans are black now. First we had a pandemic. Now war. You don’t need a reminder from SMU on the terrible human suffering caused by each.

    When it comes to steel, the result is higher raw material costs and higher prices. Pricing levels that were unimaginable a month ago, when it seemed tags would continue to fall, are now our reality.

    Michael Cowden

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