Says clear signs of positive trends forming. Says order book full, with automotive OEM’s booking more. Says Canada market oversupplied due to dumping. Says rising energy costs the biggest one-time impact on Q1 results. Says timetable for Posco deal “remains achievable” and can be completed in “Q2 or slightly later.” Says crisis in Middle East has not helped Posco talks. Comments taken from Q1 earnings conference call.
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