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(STLD) Community Analysis from
Bulls REASONS TO BUY
Bears REASONS TO SELL
May 20, 2013
(Benzinga,
2/3/12)
Better than expected economic numbers along with improving sentiment about the prospects of the global economy helped steel stocks to post strong...(read more)
(Phil’s Stock World,
1/27/12)
Top 5 RisersStockRatingAnalysisASBCBUYMany analysts are expecting higher than previously expected long term growth from Associated Bancorp, and its near-term earnings outlook is also...(read more)
(Phil’s Stock World,
1/29/12)
Top 5 RisersStockRatingAnalysisASBCBUYMany analysts are expecting higher than previously expected long term growth from Associated Bancorp, and its near-term earnings outlook is also...(read more)
Steel Dynamics (STLD) Company Overview
Steel Dynamics (NYSE:STLD) is the fifth largest manufacturer of carbon steel products in the United States. STLD operates steelmaking mini-mills in the Southeast and Midwest regions, and the company has an annual steel making capacity of 6.3 million tons.[1] The company produces steel for numerous industries, including the automotive, construction, commercial, transportation and industrial machinery sectors. The company earned $3.9 billion in revenue and incurred a net loss of $8 million in 2009.[2] As a mini-mill producer, the company produces steel using scrap metal as opposed to iron ore. This gives Steel Dynamics some advantages compared to integrated competitors, especially after the company's acquisition of its own steel scrap and iron ore sources, since it is not as sensitive to volatility in the price of iron ore. Compared to the integrated steel mill model used by competitors such as US Steel (X), the mini-mill model is traditionally less energy and labor intensive. Furthermore, there is usually less preparation time demanded from mini-mills, thus allowing quicker shifts to different projects as well as the exploration of niche markets. (Read more at Wikinvest ) What's in this STLD analysis on Wikinvest...
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