|Last Price$7.40||Day Change (%)8.35%|
|Open Price$7.08||Day Change ($)0.57|
|Day Range6.94–7.55||52-Week Range6.15–27.68|
As of Sat 2/12/2016 7:58:00 PM | USD
Big Companies Pull Back After Rough Quarter
Purchasers Benefit From Low Commodity Prices, but High Supply Chain Risks to Dominate 2016
A simple question tests assumptions.
Short-term headwinds portend an ugly 2015 for U.S. steelmakers, but stock prices imply overly bearish long-term expectations.
Despite decent demand from key sectors, steelmaker stocks look cheap as they confront imports, a strengthening dollar, and the specter of Chinese overcapacity.
DRI production is changing the game for undervalued Nucor.
We may likely be entering a period of slower growth, but no growth at all is unlikely.
Volatility in Asia, subprime woes take market for a ride.
Supply trends are worrisome despite robust demand; narrow-moat producers are the most likely to benefit.