Steel Dynamics Inc
Latest Steel Dynamics Inc News and Updates
A Comparative Analysis of Steel Companies’ Relative Valuations
In this article, we’ll look at steel companies’ forward EV-to-EBITDA multiples to see if there are some underpriced or overpriced bets in the sector.
Scrap or Iron Ore: What Drives US Steel Prices?
Even the recent uptick in US steel prices has been accompanied by strength in steel scrap prices.
Will Global Overcapacity Weigh Heavy on Steel Prices?
The excess global steel capacity will take a lot of time to balance out. The capacity closures in China, if they happen at all, will be gradual.
Cliffs Natural Resources: 4Q15 Market Expectations
Of 15 analysts covering Cliffs Natural Resources, eight have given it a “hold” recommendation, and seven have given it a “sell” recommendation.
How Geographical Exposure Varies Between Steel Companies
A look at the geographical exposure of different steel companies, which are exposed to the overall economic activity of the regions in which they operate.
The Hows and Whys of Nucor’s Recent Falling Revenues
Nucor’s net revenues fell ~18% in 2Q15, compared to the corresponding quarter last year. Most steel companies have reported lesser revenues in 2Q15 as well.
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.”
U.S. Steel’s Flat Rolled Segment Posts a Loss in 2Q15
U.S. Steel’s Flat-Rolled segment posted negative EBIT of $24 per ton in 2Q15. This represents a slight improvement over 1Q15 results.
ArcelorMittal’s 2Q15 Earnings: Key Investor Takeaways
ArcelorMittal (MT) released its 2Q15 earnings on July 31. It reported net earnings of $0.2 billion in 2Q15 compared to a loss of $0.7 billion in 1Q15.
U.S. Steel Sees 2Q15 Steel Shipments, Capacity Use Falter
Fewer 2Q15 shipments from U.S. Steel are attributable to its high exposure to the energy sector. The company’s steel product shipments fell steeply in 2Q15.
Global Steel Consumption Is Expected to Grow 0.5% in 2015
The WSA expects global steel consumption to grow by 0.5% in 2015 on a YoY basis. This was highlighted in the short range outlook released on April 20.
Steel prices hit rock bottom, the lowest level since 2009
Steel prices crashed by almost two-thirds at the peak of the global financial crisis in 2009. Last year, they dropped by 10%.
Steel Scrap Prices Have Fallen Sharply in 2015
Steel scrap prices fell by ~20% in 2014. Lower steel scrap prices should bring down unit production costs for steel plays.
Difference Between Chinese And US Steel Prices Narrows
The difference between Chinese and US steel prices is still quite high to encourage imports. Marginal narrowing of the price difference won’t deter imports.
An Investor’s Guide To China’s Shadow Banking System
China’s shadow banking includes the trust sector, the off balance sheet lending by commercial banks, and financing vehicles of commercial banks.Materials Why steel investors are mindful of capacity utilization rates
Steel prices tend to move in tandem with capacity utilization rates. Steel prices are a key factor affecting performance, directly impacting the revenues of companies.
