20 and some change a share. Just reported 1.85 per share earnings for Q3. PE about 1.2. TBV 38 per share. Debt minus cash on hand about 4.50 per share.
Will the recession drop demand for steel? Recessions don't last forever, future infrastructure spending is a done deal, and this company in particular is set to survive almost anything.
China? No current American politician is lifting the tariffs on Chinese steel. The demand from China may ebb, but the global demand going forward is bigger than China.
Ukraine is also going to need rebuilding. Bullish X.
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