Q: In your answers to question about tariffs on aluminum and steel you suggested that Canadian producers will get hurt as well as US customers who will face higher prices. Are there US suppliers who might benefit if they have excess capacity? Which companies might be in this category?
Thanks
Ian

Q: I've enjoyed a little pop in the last month or two on a few coal stocks (ceix, amr). Do you think the demand for steel (arising from Biden's USA infrastructure builds) will continue to create demand for steel. I note that when you've been asked about Ceix in the past, you've pointed to coal being in secular decline, presumably referring to the heating-use application of coal. What do you think about the thesis that coal will enjoy a boom due to the anticipated demand for steel arising from the upcoming massive USA infrastructure projects? One must also assume that Ukraine will need some steel build out when the war ends.

I am trying decide whether to take profits or whether to let it roll.


Thank you,

Jason

Q: Hi Peter,

What do you think of U S Steel Corp. There has been a big drop today and does that make it an attractive investment over the short/medium term? It does seem to be doing well. How would you rate it now against Reliance Steel as well?
Regards
Rajiv