When analyzing the global steel markets, I try to be objective as I can; however, human bias is in everyone’s nature. As Jeremy likes to say, “ everyday the steel mills wake up and think the price (of steel) is going up while the OEM buyers wake up and think to themselves that the price (of steel) is going down.” Somewhere in the middle is reality. After writing the last edition, I decided I wanted to look at the industry with an overly-optimistic bias as I have been bearish on steel prices for the past few months. This edition of “The Feldstein” will have THE GOOD and THE BAD, old school style.