Tag Archives: steel investment

Energy giant BHP Billiton a good bet for income, growth and value investment

posted on July 16, 2012 at 7:00 am by Jonathan Yates

With Patriot Coal’s bankruptcy last week, stocks in that energy sector segment were even more out of favor. China’s GDP numbers for the second quarter were poorly received, and Australian firms were hit hard due to the country’s massive natural resources trade with China. Melbourne-based BHP Billiton (BHP, quote) was one of those firms, but it is an appealing value investment.

China Commodities Energy Mining

Steel industry giant ArcelorMittal’s profits are worth waiting for

posted on May 25, 2012 at 10:00 am by Jonathan Yates

The biggest steel maker in the world, ArcelorMittal (MT, quote) has a great deal of appeal for emerging market investors. Now trading close to its 52-week low, this is a steel industry stock income, growth and value investors should accumulate for the long term.

Construction India Steel

The second largest steel maker in Brazil is very attractively valued

posted on May 5, 2012 at 10:30 am by Jonathan Yates

Brazil’s second-largest steel maker Companhia Siderurgica National (SID, quote) has a high dividend yield, low short float and strong technicals, offering an opportunity for emerging market investors to buy at a low price.

Brazil Steel Stocks

Indian coal scam rocks government, steel industry

posted on March 22, 2012 at 9:53 am by Chris Aylott

The Indian government is scrambling this morning after a Times of India report alleging that $210 billion in revenues have been lost in a coal scam of “epic proportions.” The scandal involves most of India’s top steel companies, including the Tata Group and Jindal Steel & Power.

BRICs Coal ETFs India Steel

The real is emerging as a win-win for Brazilian steel makers

posted on March 19, 2012 at 1:00 pm by Joseph Hogue CFA

A combination of policy moves and a slowing economy have weakened the Brazilian real by 4.8% since the beginning of March, making it the worst performing currency tracked by Bloomberg. For exporters, this is a welcome change from the 8.7% appreciation in the first two months of the year, consequently making it the best-performing currency.

Brazil BRICs Currencies Latin America Stocks

Steel prices have cost billionaire Lakshmi Mittal $10 billion

posted on March 16, 2012 at 4:15 pm by Jonathan Yates

It’s great to be a global billionaire – but not so much if your billions are in steel. Forbes reports that steel magnate Lakshmi Mittal has seen his net worth fall $10.4 billion in the last year, primarily due to the decline in the stock price of Arcelor Mittal (MT, quote).

Asia China India Metals Steel Strategy