Steel (integrated) industry

Article Abstract:

The US steel industry had difficulties in 1999, in spite of the good US economy, with weak prices affecting the industry as a whole. The long-term look is not bad, however, with fundamentals improving in the US and overseas and further debt reduction and other financial plans on the table. These stocks are not timely early in the year 2000, but several have long-term potential.

AK Steel Corp.

---

Steel (integrated) industry

Article Abstract:

Demand for steel remains healthy with the strong US economy and shipments are expected to exceed 100 million tons from both home and abroad in 1999. However, profitability is being hampered by weakening prices and imports, but the industry is taking steps to upgrade capacity and its sales mix to rectify the situation. These stocks are best suited for long-term, patient investors in 1999.

United Kingdom, Canada, British Steel PLC

---

Steel (integrated) industry

Article Abstract:

Sales of low-margined items, falling prices, and and low volume have kept the steel (integrated) industry struggling in 1999 in spite of the strength of the US economy. However, global economic recovery indicates that sales are expected to improve for the industry in the year 2000, and the industry is also expected to modernize facilities and lower costs during the year as well. These stocks are not timely in 1999, but aggressive investors should find several issues of value in this industry.

Similar abstracts:

• Abstracts: Building materials industry
• Abstracts: Homebuilding industry
• Abstracts: Metals & mining (diversified) industry
• Abstracts: Machinery industry

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.