Steel (integrated) industry
Article Abstract:
Profits for the US steel industry declined in 1998 and this is expected to continue in 1999 in spite of the high industry volume and the continued US economic expansion. The global supply of steel remains high in regard to the demand for steel and the excess capacity indicates a slow recovery for the industry. However, some investors will find some good stocks in this industry, such as USX-US Steel, in spite of the industry's near-term economic ills and low timeliness ratings in 1999.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Steel (general) industry
Article Abstract:
The steel industry, which has experienced moderate growth for seven years, will continue to enjoy economical health through 1998, according to analysts. A relatively low timeliness rating suggests that the industry's securities are suitable for patient investors. Nucor Corp. remains a favorite stock for the long term.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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