Comment Comment by michael_j_ward Do I have this Napkin math correct?400 tons produced per year (original article)$1000 per ton (generous [0], current index at $770)$400k per year revenue (calculated)$25M Euro investment (original article)~63 years payback on *revenue* (being generous again with EURSD=$1)Do I have that right?[0] https://www.cmegroup.com/markets/metals/ferrous/hrc-steel.ht... parent michael_j_ward 3 years ago
400 tons produced per year (original article)
$1000 per ton (generous [0], current index at $770)
$400k per year revenue (calculated)
$25M Euro investment (original article)
~63 years payback on *revenue* (being generous again with EURSD=$1)
Do I have that right?
[0] https://www.cmegroup.com/markets/metals/ferrous/hrc-steel.ht...