23-11-2013, 10:29 AM
Was reading up on union steel as I thought their scaldfolding business might be the turnaround catalyst wit the impending construction boom. The top line is ok, but bottom Line affected by Malaysia expansion. Which remind me of Lee metals outlook of a weak Malaysia market. Yet union steel can get orders and is ramping up inventories. A tale of 2 fortunes ?
life goes in cycles, predictable yet uncontrollable; just like the markets, but markets give you a second chance