|Last Price$19.08||Day Change (%)-0.05%|
|Open Price$19.10||Day Change ($)-0.01|
|Day Range18.76–19.10||52-Week Range16.51–23.58|
As of Mon 10/12/2015 5:00:00 PM | USD
Steel Dynamics Announces Third Quarter 2015 Earnings Conference Call and Webcast
Steel Dynamics Issues Weak Third-Quarter Profit Projection
Investor Day Webcast on September 23, 2015
Despite decent demand from key sectors, steelmaker stocks look cheap as they confront imports, a strengthening dollar, and the specter of Chinese overcapacity.
Short-term headwinds portend an ugly 2015 for U.S. steelmakers, but stock prices imply overly bearish long-term expectations.
DRI production is changing the game for undervalued Nucor.
Acquisitions help Steel Dynamics continue its record of strong performance.
Basic materials companies are in a period of very mixed near-term outlook in terms of end-market demand.
Basic materials companies are among the cheapest stocks in our coverage universe.
In an overall fairly valued market, it's time to be selective.