Schnitzer Steel Industries Inc

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  • uploads///steel scap
    Company & Industry Overviews

    U.S. Steel to Invest in Value-Added Steel as Part of Carnegie Way

    Value-added steel products sell at higher prices compared to standard steel products. This is also part of the Carnegie Way plan.

    By Mohit Oberoi, CFA
  • uploads///Analytss
    Company & Industry Overviews

    How Analysts View the US Steel Sector and Cliffs Natural Resources

    Longbow Research’s analysts expect hot rolled steel coil prices to rise $50–$60 per ton due to an uptick in the downstream steel orders.

    By Anuradha Garg
  • uploads///carnegie way
    Company & Industry Overviews

    U.S. Steel’s Carnegie Way: Key Points Investors Should Understand

    U.S Steel has embarked on an ambitious transformation plan, which it named “Carnegie Way.”

    By Mohit Oberoi, CFA
  • uploads///part  scrap
    Macroeconomic Analysis

    Steel Scrap Prices Moved Sideways in April

    Steel scrap prices tanked by more than 25% in February. This helped mini mills. They were at a competitive disadvantage due to the decline in iron ore and coal prices.

    By Mohit Oberoi, CFA
  • uploads///us indicators
    Macroeconomic Analysis

    US Housing Starts Decline For 2 Consecutive Months

    March housing starts declined 3.5% on a YoY basis. In February, housing starts dropped by 2.3%. The data was released on April 16. It was lower than expected.

    By Mohit Oberoi, CFA
  • uploads///europe steel production
    Macroeconomic Analysis

    Steel Production in Europe Falls 0.9% in March as Imports Pinch

    Steel production fell by 0.9% in March on a YoY basis. In February, steel production increased by 0.4%. YTD, steel production decreased 0.6% in the EU.

    By Mohit Oberoi, CFA
  • uploads///china steel demand building sales
    Macroeconomic Analysis

    Chinese Steel Demand Indicators Trend Lower in March

    The construction sector accounts for more than half of China’s steel demand, as it uses steel products like rebars, decks, and joists.

    By Mohit Oberoi, CFA
  • uploads///steel prices
    Macroeconomic Analysis

    Are Steel Prices Consolidating at Current Levels?

    Steel prices are a key driver for steel companies. Last year, steel prices dropped by ~10%.

    By Mohit Oberoi, CFA
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