32 Quotes by Charles Bradford

It doesn't matter if it's a strike or lockout, if you don't have the product, they could lose customers long term.

We now expect second-quarter earnings to be very close to that reported to the first quarter.

Metal prices really came through and they didn't have any of the cost problems they had in prior quarters. It shows what higher metal prices can do.

Expect steel prices to go up by $30 or $35 (US) imminently.

There are a lot more (deals) to do.

The (second-quarter) guidance was not very strong, below first-quarter numbers, even though the second quarter is historically the strongest for steel companies, especially mini-mills.

That's why nobody's gone after them in the past.

You would think that with their costs going up and prices going up, you wouldn't make much more money or would do a little worse, ... But in reality, there has been a very, very strong correlation: The higher the scrap goes, the more money they make. It just means the market is better overall.

Aluminum prices have been very strong for the last several weeks and Alcoa's stock hasn't reflected it as well as it usually does. It's a catch-up.