Thursday, January 20, 2005
Steel Firm Learns To Bend With Market Shifts
Investor's Business Daily via Yahoo! Finance
Commercial Metals adapts to mercurial steel market conditions.
At its most basic level, the word "volatile" means "to evaporate quickly." When describing current steel market conditions, it means mercurial, changeable, flighty.
"You get these extraordinary changes, and you're not even sure why they happen," Rabin said. "Everyone tries to explain it, and the reality is that no one really knows."
Commercial Metals adapts to mercurial steel market conditions.
At its most basic level, the word "volatile" means "to evaporate quickly." When describing current steel market conditions, it means mercurial, changeable, flighty.
"You get these extraordinary changes, and you're not even sure why they happen," Rabin said. "Everyone tries to explain it, and the reality is that no one really knows."