Steel industry is in the midst of its most severe shakeout in history, and there is going to be very rough times for the steel industry at least through 2010, and hopefully in 2011 it starts to get somewhat better. This year we're having what is called shakeout, with prices dropping to death spiral levels. That means the marginal cost of the mills that make flat rolled steel and hot rolled band with next year conditions maybe a little better, and hopefully in 2011 there'll be some improvement but nothing like what it was before. And then the global economy will begin to expand at perhaps a slower rate than before from a base level of steel demand much reduced. Now, even though we're having difficult times in the steel industry, you still must expect steel price volatility. In my opinion, within a month it's possible there could be a technical rally of steel prices of hot rolled band on the world market. When thinking about the steel industry, you must expect the unexpected. It's a wild card environment. You're going to have surprises in raw material prices, with costs, with merger activity, merger and acquisition activity and with what's happening in China. Hopefully, there's a happy surprise in oil prices for the Middle East. Oil is a commodity, and just perhaps if the price goes higher, that would be a very good thing for the Middle East region and would stimulate steel demand. So let me give some more specific items.
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