Wednesday, October 30, 2013
Investment Opportunities in the Steel Industry
Previously, we analyzed the workings of the steel industry and the major factors that impact its performance. In this piece, we will analyze the performance of major players in the industry and which ones are our best investment picks.
This article is a short introduction of the four most prominent steel production companies in the US, followed by a brief analysis of their financial metrics and overall performance.
US steel producers have recently been unable to price their products higher due to stiff competition in the domestic market, while earnings have been dented by significant ‘other post-employment benefits’ (OPEB) and pension liabilities. Read More: AKS, NUE, STLD, X