I can't recall, in the 40 years I've been following the steel industry, ever seeing a bid that was raised after already winning.

It sounds like the knockout bid, it absolutely does.

If AK Steel can't get a competitive contract, I don't think anybody would want them. They're the only ones left with an old-style contract. ... All contracts now cap liabilities.

I just don't recall seeing them much until the last few years.

I don't recall seeing anything quite like this.

I can recall never seeing any type of lists,