Steel (integrated) industry
Article Abstract:
Companies in the integrated steel industry have experienced a partial price recovery due to the solid economy, which has alarmed investors who fear that increased business activities will result in inflation and rising interest rates. Analysts expect the integrated steel industry to continue its earnings trend in 1998, but the gains will be selective. Although the integrated steel industry has been deemed out-of-favor, it appears undervalued.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Steel (integrated) industry
Article Abstract:
The steel (integrated) industry is expected to grow moderately during 1997, as demand for steel continues to be high. However, profits will not be as high as expected, due to soft pricing and unattractive supply contracts. Steel firms are also focused on international expansion and will face high expenses to support this goal. Investors looking for growth in stocks over a three year to five year period will find some attractive securities.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 1997
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Comment about this article or add new information about this topic:
Steel (integrated) industry
Article Abstract:
A financial analysis of a number of firms which produce carbon steel by using coke and iron ore is presented. The integrated steel industry is not a recommended investment for investors looking for high-performing stock. The US integrated steel industry is being affected by a number of problems, such as competition from overseas, and the increasing costs of production.
Publication Name: The Value Line Investment Survey (Part 3 - Ratings & Reports)
Subject: Business, general
ISSN: 0042-2401
Year: 2000
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