Pent-up demand for natural resources in China may have peaked, and the Chinese economy could begin to cool off.Diversified miners always trade at discount valuations to pure plays. Investors interested in gaining exposure to a specific commodity would be better off investing in pure plays.Although
Commercial Metals may reap the benefits from a potential recovery in infrastructure spending.
Raw material is increasingly a challenge for a firm of AK's size. As steel companies consolidate and integrate upstream, more raw-material sources are controlled by competitors.The price of stainless and flat-rolled steel underperformed that of long steel because of more flat steel capacity built
Gerdau dominates the Brazilian steel market thanks to its low-cost operations.
We are raising our fair value estimate for Cliffs Natural Resources CLF to reflect two significant changes to our model. First, we are reducing our long-term unit cash cost assumptions for the firm's North American iron ore segment. Second, we are raising our iron ore benchmark price forecast as
Carpenter should profit from higher titanium and specialty metal content in next-generation planes.
CSN is exposed to fluctuations of the Brazilian economy, currency, and political system. The performance of the real versus the dollar and Brazilian economic fundamentals can affect the firm's financial performance, and thus the performance of the stock.The company is exposed to coal price
Ternium TX and Gerdau GGB reported substantially better third-quarter results due to higher steel shipments and lower raw-material input costs. Argentinean and Brazilian markets recovered swiftly during the quarter, thanks to higher commodity prices and strong car sales in Brazil. In comparison,
Ternium TX and Gerdau GGB reported substantially better third-quarter results due to higher steel shipments and lower raw-material input costs. Argentinean and Brazilian markets recovered swiftly during the quarter, thanks to higher commodity prices and strong car sales in Brazil. In comparison, ...
While Vale's VALE third-quarter revenue and profits remained below the staggering levels posted in the year-ago period, strong Chinese iron ore imports (up 33% year to date through September) buffered the ill effects of still-weak demand in the developed world. Vale's iron ore and pellet sales