Melting Pot
Nov 13, 2009 | 11:14 AM
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Analyst showdown
The numbers did not add up for Chuck Bradford and Michelle Applebaum at the 59th annual dinner and conference of the American Institute for International Steel, New York. Bradford, partner with Affiliated Research Group, New York, took part in a steel forecast presentation to open the conference portion of the event. Near the end of his presentation, he took a jab at someone who had submitted to AMM a Letter to the Editor citing data marking the United States as a net steel exporter in August.
Bradford brushed off some of that data, attributing it to the practice of "double counting," and said the letter contained no real data and misrepresented the facts. The writer was Applebaum, of Chicago-based Steel Market Intelligence, seated near the front of the conference room. ....
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