The Steel Industry's Best-Kept Secret: Cleveland-Cliffs

BreakingTheWalls Introduction The steel industry is not in a great place right now. Here are some of the latest headlines from Bloomberg, which show a wide range of issues, including problems in China, warnings of a "severe industry crisis," and plummeting iron ore sales: Bloomberg Using China, the world's biggest steel producer, as an example, margins haven't been this bad since the global manufacturing/commodity recession in 2015!   Bloomberg Back then, China rescued its steel industry through massive ...