MELTING POT Pony and a smile

Oct 05, 2007 | 08:43 AM |

It's probably a good thing Robert Darnall chose a career in steel instead of breeding horses.

The retired chairman and chief executive officer of Inland Steel Industries Inc., Chicago, recently gave the keynote presentation at IntertechPira Corp.'s Met Coke World Summit in Chicago. He titled it, "There has to be a Pony in There Somewhere Strategic Questions for the Met Coke Industry." A long-time fan of the optimist vs. pessimist horse tale, which has been retold in many different versions, Darnall said he bet the allegory was perfect to describe the state of the current metallurgical coal industry that digging through a whole lot of manure has to amount to something eventually. But just a handful of the six dozen or so attendees raised their hands when asked whether they had previously heard the fable. So here's the Darnall version There was a father with twin sons. One was naturally optimistic, the other a pessimist--so much so that he refused to go near the....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results