Steel (general) industry
Article Abstract:
The nonintegrated steel industry outperformed the market in 1994, thanks to a resurgent US economy. This group, consisting of companies that manufacture carbon steel from scrap in electric arc furnaces, plus other carbon steel and specialty makers, has proved financially stable, even in downturns. It enjoys low labor costs, modern facilities and healthy geographic expansion. Still, investors should stick with Nucor and other proven companies.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
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Steel (general) industry
Article Abstract:
The steel (general) industry is expected to struggle in 1999, although prospects for the industry may improve in 2000. Companies in this sector of the steel industry exhibit strong fundamentals, but the lack of profitability, despite a continuing economic expansion, will hurt performance. However, the long-term prospects for this industry remain solid.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1999
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Comment about this article or add new information about this topic:
Steel (general) industry
Article Abstract:
The nonintegrated steel industry will perform strongly in 1995 and 1996. Both demand and pricing levels are high and producers, processors and distributors are adding capacity to meet backlogs. Operating rates are 85% to 90%. All of these factors point to industry profitability in 1995. Nonintegrateds are a good investment bet over the long term.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1995
User Contributions:
Comment about this article or add new information about this topic: