Steel’s Slow-Motion Recovery (AKS, X, NUE, STLD, MT, AA)
Global demand for steel remains weak even as prices for iron ore rise slightly indicating that steelmakers could be in for another tough quarter. As if on cue, AK Steel ...Read Full Story »
Posts related to ‘NASDAQ: STLD’
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After the Fall: A Value Choice in Base Metals and Steel (RIO, VALE, BHP, X, NUE, STLD, MT, FCX, SCCO, AA)
The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth ...Read Full Story »
Upside is Scarce in Metals and Materials Stocks (X, NUE, STLD, NEM, ABX, SLW, FCX, SCCO, AA, MCP)
The metals and materials sector, including miners, has been hit hard by the weaker global economy. China’s manufacturing slowdown, the turmoil in Europe, and slow growth in the US have ...Read Full Story »
24/7 Wall St. Closing Bell (DELL, EW, AKS, STLD, BRCM, GMCR, EDMC, NDAQ, QCOM, BZH, BSX, BCO, DO, LEA, MRK, TTWO, VIAB, ZNGA, MNOV, RGDX, BIOS, URG)
All three major US stock indexes opened higher this morning, and spent the rest of the day bouncing around the neutral line. The reports from retailers on same-store sales in ...Read Full Story »
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