>> low-mid-complexity stuff > metal One of these things is a manufacturing input (metal), where as the other (stuff) is a manufacturing output. Steel mills a

>> low-mid-complexity stuff > metal One of these things is a manufacturing input (metal), where as the other (stuff) is a manufacturing output. Steel mills are on a different scale altogether. And anyway, the wholesale price of steel to manufacturing industry is around the $2.50 / kg mark for plate and hot rolled sections, but you have to be buying it by the hundreds or tonnes up qualifying for those prices.