I wasn't all that interested in Insteel (IIIN) back in January of this year, as I was worried that this manufacturer of steel reinforcing products would struggle due to an unbalanced tariff policy that basically forces the company to buy overpriced inputs (wire rod) but compete with cheaper downstream imports sold by companies that can avail themselves of cheaper wire rod in international markets. Much of that has come to pass, with the shares basically flat for the year and sandwiched between the performance of other steel companies like Commercial Metals (CMC