• The blend in World's leading Steel manufacturer's stock

    By Uzair Zahid - August 24, 2013 | Tickers: MT, NUE, PKX

    In the era of growing technical markets globally, hardware advancement and modernization play an important supplementary part in strengthening the encroachment. Steel in different forms, for that purpose, is the central required raw material by the global hardware market.

    Steel industry, however was greatly affected by the global turmoil of 2008 but had started strengthening as the market is floating back to normal. ArcelorMittal (NYSE: MT ), the world’s largest more »

  • 3 Steals on Steel

    By Garrett Gustafson - August 15, 2013 | Tickers: AKS, SID, PKX

    What drives any modern, efficient economic growth? Certainly, one answer would be infrastructure. And what is the most critical element for infrastructure development? Good old-fashioned steel. A solid investment for decades, steel will continue to be lucrative for years to come. Warren Buffett shares this view, which is why his company, Berkshire Hathaway, holds a major investment in POSCO (NYSE: PKX), a low cost steel producer in South Korea. What more »

  • 3 Steel Giants to Analyze

    By Louie Grint - August 15, 2013 | Tickers: MT, PKX, X

    Since it is a basic industry and a fundamental player in infrastructure and overall economic development, the steel industry is commonly taken as a reference for how well an economy is doing. Unfortunately, indicators tell us that low demand and lower prices still push the industry down. However, America is showing some signs of recovery, which could push some sleeping steel giants up.

    Let’s find out how three of more »

  • Global Steel Producers Might Provide You With Solid Returns

    By Zain Raza - August 1, 2013 | Tickers: MT, NUE, PKX

    ArcelorMittal (NYSE: MT), POSCO (NYSE: PKX) and Nucor (NYSE: NUE) are the largest steel producers in the world, meeting most of the world's demand in all domains of steel products. Thus these companies are able to make good profits each year.

    However, AreclorMittal and POSCO are in a much better position as compared to Nucor steel, since both the companies have expanded with the passage of time, moving into more »

  • What to Do About Steel Investing

    By Shweta Dubey - July 31, 2013 | Tickers: MT, PKX, X

    This year, the global steel industry is facing the overcapacity issues. Most steel mills are running at 70% capacity while still slugging out of the economic downturn. There is a silver lining, however, in the form of rising demand from growing economies like India, China, Thailand, and South Korea. This growth in demand is expected to benefit the steel producers in terms of price, revenue, and margin.

    Here are three more »

  • This Stock Offers Quality at a Discount

    By Ted Cooper - July 16, 2013 | Tickers: MT, PKX, TS

    There are two main groups of investors in the value investing community: those who buy really cheap companies and those who buy really good companies. Usually, the cheap companies are bad businesses in a cyclical or secular downturn, while the good companies are priced at a level that presents an ambiguous investment opportunity.

    Of course, the best situation is one that offers a good business at a low price. Investors more »

  • This Company Looks Good for Value Investors, But Are There Drawbacks?

    By Mike Thiessen - June 6, 2013 | Tickers: MT, PKX, X

    Investors who wish to shift gears and look at an opportunity that has little or nothing to offer in the way of arbitrage may be interested in South Korean steel-making giant POSCO (NYSE: PKX). Despite being one of the largest steel concerns in the world, POSCO routinely gets sidelined in favor of competitors like ArcelorMittal (NYSE: MT) or even United States Steel (NYSE: X)

    Although there may be some merit more »

  • Buffett Has Just Increased His Stake In His Favorite Investment

    By Shmulik Karpf - May 13, 2013 | Tickers: BRK-B, BRK-A, PKX

    On May 1, Warren Buffett's Berkshire Hathaway (NYSE: BRK-A), (NYSE: BRK-B) agreed to pay $2.05 billion to purchase the remaining piece of Iscar, an Israeli metalworking company that it had acquired a stake in seven years ago. IMC International Metalworking, known as Iscar, was founded in 1952 by Stef Wertheimer, an Israeli entrepreneur from an old rented shack. It makes cutting gear for industries including aerospace and auto more »

  • Steel and Iron Ore: Part 2

    By Rupert Hargreaves - May 9, 2013 | Tickers: GGB, PKX, TX

    In the first part of this piece I looked at the state of the Iron ore industry and how there is profit to be made from undervalued miners. This part focuses on the steel market, its outlook and some undervalued steel producers.

    The world demand for steel continues to grow

    During April, the World Steel Association released its short range outlook for 2013-2014, forecasting that global steel use will increase more »

  • Bargain Hunting in Korea

    By Ryan Peckyno - March 4, 2013 | Tickers: LPL, PKX, SKM, WF

    Over the past few days I wrote two articles: Bargain Hunting in Brazil and Bargain Hunting in France.  After reflecting on those pieces, I decided that I was going to go bargain hunting in a country that would provide an interesting contrast with France. I chose South Korea mainly because it has a nice story and a healthy economy.


    Fifty years ago, South Korea’s per capita GDP was more »

  • 3 Steel Companies to Watch Out For in 2013

    By Sonam Chamaria - January 8, 2013 | Tickers: MT, PKX, X

    One sector that hasn't seen a lot of good performers in 2012 is the steel sector. Low consumption, demand for steel, continuing troubles in Europe, and the problem of overcapacity resulted in a lackluster year.

    Will 2013 be the same? Well, that remains to be seen. But if so, there are a few steel companies that can earn you some big bucks this year.

    Safe Bet

    One stock that more »

  • Chinese Domination: 5 Reasons the Dragon Will Breath Fire in the World Economy in 2013

    By Luke Pinkney - January 2, 2013 | Tickers: CAAS, CHA, JASO, PTR, PKX, TSL

    If someone were to survey a random sampling of the people closest to me, he might conclude that I am a die-hard cheerleader for Chinese investment.  I would argue, however, that this is not the case.  For if I am a cheerleader I am a poor one, at best, for I only cheer when the team is winning.  At worst, I will abandon the team when it becomes obvious to more »

  • Extractive Industries Under the Mother Earth Law

    By Calla Hummel - November 5, 2012 | Tickers: PBR, PKX, REPYY.PK | Editor's Choice

    Corporate personhood is highly controversial in the United States, but corporations are not legally treated as citizens. What if the government extended full rights to a nonhuman? That is exactly what Bolivia’s government did in October, when it signed the Law of Mother Earth (full title, click for full text in Spanish: Ley Marco de La Madre Tierra y Desarrollo Integral para Vivir Bien). The law gives nature, writ more »

  • Steel Industry Slowdown Lingering

    By Tony Daltorio - October 12, 2012 | Tickers: MT, VALE, SLX, PKX, RIO

    The global steel market is huge, valued at about $850 billion by analysts. That is not surprising, considering that steel is one of the world's most widely traded commodities, with a myriad of uses. But right now, the industry is going through a rough patch. Unfortunately for investors in steel and iron ore stocks, it looks like the tough times will extend for another few years. 

    Interested investors can more »

  • Marty Whitman’s Top Stock Picks

    By Meena Krishnamsetty - September 13, 2012 | Tickers: BAM, CVA, FCE-A, PKX, BK

    Marty Whitman, a value investor, founded Third Avenue in 1990 after having run a money management firm since 1986. Third Avenue currently has over $10 billion under management and, at least over the last several quarters, has demonstrated a preference for the financial sector. By doing deep bottom-up research on companies Third Avenue attempts to find stocks which are “safe”- a good management team in an understandable business with stable more »

  • Vale, S.A’s Loss of Share in the Iron Ore Market May End Soon

    By Muhammad Bazil - August 13, 2012 | Tickers: BHP, BBL, VALE, PKX, RIO

    Brazilian mining giant Vale, S.A. (NYSE: VALE) has lost approximately 14% of its share of the seaborne market for iron ore since 2007, with most of that lost business going instead to the Australian operations of Rio Tinto Group, PLC (NYSE: RIO) and BHP Billiton, Ltd. & PLC (NYSE: BBL).  VALE's loss of market share has been largely due to getting past significant regulatory and licensing requirements by the more »

  • Conditions Worsening for Bolivian Natural Resource Operations

    By Calla Hummel - July 20, 2012 | Tickers: VALE, PBR, PKX, REPYY.PK

    As La Razon reported Tuesday morning, Jindal Steel announced that it is leaving Bolivia, a historic $2.1 billion contract, and the world's largest iron ore deposits. Why? Because the Bolivian government and parastatals have not followed through on deals, have started legal proceedings against executives, and placed new, startling conditions on Jindal. Jindal is the second mining company this month to leave Bolivia with multi-million dollar losses due more »

  • Short Sellers Are Having a Field Day With This Steel 6-Pack

    By Soroush Pour - July 17, 2012 | Tickers: GGB, NUE, PKX, SMS, TX, WOR

    In our current market environment, sentiment can seemingly change on a whim, so it’s crucial that investors consider a stock’s short interest before buying.  Typically, an increased amount of shorting means that the Street has grown less fond of a particular stock, meaning that you might want to adjust your expectations accordingly. In some cases, overselling can sometimes have a positive effect on a stock’s price, so more »

  • "Discipline of Debt" is Punishing These Stocks

    By Jonathan Yates - July 17, 2012 | Tickers: ALU, AAPL, MT, MSFT, PKX, S, SVU

    For a long period, the "Discipline of Debt" has been preached by investment bankers thumping the bible of leveraged buyouts and other forms of corporate transactions.  The sermon was that high debt would, by its very presence, force a company to "be lean and mean" and rid itself of wasteful spending and inefficient operations.  That the debt was also tax deductible and did not dilute shareholder equity added to its more »

  • Hostages, Nationalizations, and Other Gigantic Red Flags

    By Calla Hummel - July 12, 2012 | Tickers: BG, PBR, PKX, REPYY.PK, TOT | Editor's Choice

    Calla is writing from La Paz, Bolivia.

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