Ok. Are buying steel mills good right now?

Question

There are some sale for a very cheap price and i would like to know. Should I or shouldn't I for the years to come?

Answer 1

Yes!!!  Steel prices should appreciate greatly over the coming decade due to increased global demand, particularly from the emerging markets.  I am currently holding a large amount of stock in ArcelorMittal (ticker symbol MT) and it has done very well for me.  In their most recent quarter they doubled profit - outsanding performace!