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Hmm back to wooden grain bins?
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Dofasco and Algoma got 400 million each to convert to electric arc furnaces in the last couple weeks.. Not sure how they make the electricity for that.
Evraz has a power plant essentially dedicated to melting steel in this province. AT one time they would shut down for supper to prevent brownouts when everyone went home to make supper.
The cure for high prices is high prices is what has been said in grain marketing. Whenever grain markets have taken a sharp rise they WILL
correct lower at some point. And grains even have this extra twist where they go even lower sometimes than the normal range.
So will steel then come back down into “normalâ€range like grains do???
Steel can still be produced in a drought and if it’s also raining and if it’s 35degrees or when its -40 degrees in winter.
The cure for high prices is high prices is what has been said in grain marketing. Whenever grain markets have taken a sharp rise they WILL
correct lower at some point. And grains even have this extra twist where they go even lower sometimes than the normal range.
So will steel then come back down into “normalâ€range like grains do???
Steel can still be produced in a drought and if it’s also raining and if it’s 35degrees or when its -40 degrees in winter.
Unless you are powering those steel plants with wind and solar ...lmao.
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