Some of you may recognize me as the person who started the thread about being blind to opportunity but something recently (yesterday) has sparked my interest (opportunity?)
Most of you are probably aware of this new Steel and Aluminum import tax right? If not, just google it real quick; it’s a 2 minutes read.
Well, since the US does get most of its imported steel from EU, I was thinking there may be a surplus of metal in the EU unless the EU already adjusted by minimizing production.
Studying up on the oil and gas industry, I was thinking since there MAY BE an overstock of steel and aluminum that cost of these metals may go down drastically in EU (unless they sell to China or Russia). Now correct me if I’m wrong, but this may be an opportunity to acquire a lot of this metal at discount prices to, maybe, construct new pipelines or other equipment in the Industry in Europe?
To add to that, I am fluent (speak read and write) in Polish and do hold EU an citizenship as well.
Thoughts??
Sent from my iPhone using Tapatalk
Most of you are probably aware of this new Steel and Aluminum import tax right? If not, just google it real quick; it’s a 2 minutes read.
Well, since the US does get most of its imported steel from EU, I was thinking there may be a surplus of metal in the EU unless the EU already adjusted by minimizing production.
Studying up on the oil and gas industry, I was thinking since there MAY BE an overstock of steel and aluminum that cost of these metals may go down drastically in EU (unless they sell to China or Russia). Now correct me if I’m wrong, but this may be an opportunity to acquire a lot of this metal at discount prices to, maybe, construct new pipelines or other equipment in the Industry in Europe?
To add to that, I am fluent (speak read and write) in Polish and do hold EU an citizenship as well.
Thoughts??
Sent from my iPhone using Tapatalk
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
