Best of the Week
Most Popular
1. Stock Markets and the History Chart of the End of the World (With Presidential Cycles) - 28th Aug 20
2.Google, Apple, Amazon, Facebook... AI Tech Stocks Buying Levels and Valuations Q3 2020 - 31st Aug 20
3.The Inflation Mega-trend is Going Hyper! - 11th Sep 20
4.Is this the End of Capitalism? - 13th Sep 20
5.What's Driving Gold, Silver and What's Next? - 3rd Sep 20
6.QE4EVER! - 9th Sep 20
7.Gold Price Trend Forecast Analysis - Part1 - 7th Sep 20
8.The Fed May “Cause” The Next Stock Market Crash - 3rd Sep 20
9.Bitcoin Price Crash - You Will be Suprised What Happens Next - 7th Sep 20
10.NVIDIA Stock Price Soars on RTX 3000 Cornering the GPU Market for next 2 years! - 3rd Sep 20
Last 7 days
Gold & Silver Begin New Advancing Cycle Phase - 6th May 21
Vaccine Economic Boom and Bust - 6th May 21
USDX, Gold Miners: The Lion and the Jackals - 6th May 21
What If You Turn Off Your PC During Windows Update? Stuck on Automatic Repair Nightmare! - 6th May 21
4 Insurance Policies You Should Consider Buying - 6th May 21
Fed Taper Smoke and Mirrors - 5th May 21
Global Economic Recovery 2021 and the Dark Legacies of Smoot-Hawley - 5th May 21
Utility Stocks Continue To Rally – Sending A Warning Signal Yet? - 5th May 21
ROIMAX Trading Platform Review - 5th May 21
Gas and Electricity Price Trends so far in 2021 for the United Kingdom - 5th May 21
Crypto Bubble Mania Free Money GPU Mining With NiceHash Continues... - 4th May 21
Stock Market SPX Short-term Correction - 4th May 21
Gold & Silver Wait Their Turn to Ride the Inflationary Wave - 4th May 21
Gold Can’t Wait to Fall – Even Without USDX’s Help - 4th May 21
Stock Market Investor Psychology: Here are 2 Rare Traits Now on Display - 4th May 21
Sheffield Peoples Referendum May 6th Local Elections 2021 - Vote for Committee Decision's or Dictatorship - 4th May 21
AlphaLive Brings Out Latest Trading App for Android - 4th May 21
India Covid-19 Apocalypse Heralds Catastrophe for Pakistan & Bangladesh, Covid in Italy August 2019! - 3rd May 21
Why Ryzen PBO Overclock is Better than ALL Core Under Volting - 5950x, 5900x, 5800x, 5600x Despite Benchmarks - 3rd May 21
MMT: Medieval Monetary Theory - 3rd May 21
Magical Flowering Budgies Bird of Paradise Indoor Grape Vine Flying Fun in VR 3D 180 UK - 3rd May 21
Last Chance to GET FREE Money Crypto Mining with Your Desktop PC - 2nd May 21
Will Powell Lull Gold Bulls to Sweet Sleep? - 2nd May 21
Stock Market Enough Consolidation Already! - 2nd May 21
Inflation or Deflation? (Not a silly question…) - 2nd May 21
What Are The Requirements For Applying For A Payday Loan Online? - 2nd May 21
How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part1 - 1st May 21
INDIA COVID APOCALYPSE - 1st May 21
Are Technicals Pointing to New Gold Price Rally? - 1st May 21
US Dollar Index: Subtle Changes, Remarkable Outcomes - 1st May 21
Stock Market Correction Time Window - 30th Apr 21
Stock Market "Fastest Jump Since 2007": How Leveraged Investors are Courting "Doom" - 30th Apr 21
Three Reasons Why Waiting for "Cheaper Silver" Doesn't Make Cents - 30th Apr 21
Want To Invest In US Real Estate Market But Don’t Have The Down Payment? - 30th Apr 21
King Zuckerberg Tech Companies to Set up their own Governments! - 29th Apr 21
Silver Price Enters Acceleration Phase - 29th Apr 21
Financial Stocks Sector Appears Ready To Run Higher - 29th Apr 21
Stock Market Leverage Reaches New All-Time Highs As The Excess Phase Rally Continues - 29th Apr 21
Get Ready for the Fourth U.S. Central Bank - 29th Apr 21
Gold Mining Stock: Were Upswings Just an Exhausting Sprint? - 29th Apr 21
AI Tech Stocks Lead the Bull Market Charge - 28th Apr 21
AMD Ryzen Overclocking Guide - 5900x, 5950x, 5600x PPT, TDC, EDC, How to Best Settings Beyond PBO - 28th Apr 21
Stocks Bear Market / Crash Indicator - 28th Apr 21
No Upsetting the Apple Cart in Stocks or Gold - 28th Apr 21
Is The Covaids Insanity Actually Getting Worse? - 28th Apr 21
Dogecoin to the Moon! The Signs are Everywhere, but few will Heed them - 28th Apr 21
SPX Indicators Flashing Stock Market Caution - 28th Apr 21
Gold Prices – Don’t Get Too Excited - 28th Apr 21
6 Challenges Contract Managers Face When Handling Contractual Agreements - 28th Apr 21

Market Oracle FREE Newsletter

Category: Steel Sector

The analysis published under this category are as follows.

Companies

Thursday, March 01, 2018

United States Steel Corporation $X Daily Elliott Wave View / Companies / Steel Sector

By: ElliottWave-Forecast

United States Steel Corporation (NYSE: X) is the second largest steel domestic producer behind Nucor Corporation (NYSE: NUE) and also the world’s 24th largest steel producer.

Last year, Steel price surged higher reaching new all time high of 4772 in December gaining +60% before a correction took place. The price is expected keep rising in the coming years as the demand for steel in critical industries keeps increasing.

Read full article... Read full article...

 


Commodities

Wednesday, February 28, 2018

America’s New Steel and Aluminum Protectionism / Commodities / Steel Sector

By: Dan_Steinbock

Now that the White House seeks to turn China’s steel and aluminum overcapacity into a national security matter, America’s new protectionism risks international trade discord.

Following a trade investigation of imports, U.S. Department of Commerce recently recommended imposing heavy tariffs or quotas on foreign producers of steel and aluminum in the interest of national security. Armed with steel and aluminum reports, Commerce Secretary Wilbur Ross stated that steel is vital to U.S. national security and current import flows are adversely impacting the steel industry.

Read full article... Read full article...

 


Commodities

Wednesday, April 26, 2017

G20: SURPASSING THE 2nd GLOBAL STEEL CRISIS / Commodities / Steel Sector

By: Dan_Steinbock

In the 2016 G20 Summit, advanced economies accused China for steel overcapacity. Before the Hamburg Summit, similar charges have surfaced. Yet, the postwar era has witnessed two steel overcapacity crises. The current debate cannot afford to ignore the past lessons. As the global steel sector is coping with an overcapacity crisis, multinational industry giants are struggling with consolidation and adjustment.
Read full article... Read full article...

 


Commodities

Thursday, September 22, 2016

Overcoming The Second Steel Crisis / Commodities / Steel Sector

By: Dan_Steinbock

Today, advanced economies blame China for steel overcapacity. In reality, four decades ago Washington and Brussels opted for bad policies, which China seeks to transcend. 

In the G20 summit in Hangzhou, some world leaders had harsh words for China’s steel overcapacity. Before the summit, President Barack Obama was urged by US lawmakers, unions and trade associations to blame China’s trade practices for US mill closures and unemployment and to stress the need for “aggressive enforcement of US trade remedy laws.”

Read full article... Read full article...

 


Commodities

Thursday, June 19, 2014

Commodities Are Building Bases and About To Rally – Steel Market / Commodities / Steel Sector

By: Chris_Vermeulen

Commodities in general have been under pressure for the last couple years. This can be seen by looking at the GCC Greenhaven Continuous Commodity ETF which holds a basket of resources. The weekly chart has formed a bullish bottom pattern, and as of last January it looks as though it’s now building a basing pattern. Overall commodities are in the very early stages of a stage 1 basing pattern and it looks as though it will be a few more months before any significant breakout will occur. But there could be some early entry points if you know what to look for…

Read full article... Read full article...

 


Companies

Wednesday, September 25, 2013

Signs Of Life In the "Left For Dead" Steel Stocks Sector / Companies / Steel Sector

By: DailyWealth

One of the market's few "left for dead" sectors is showing signs of life.

At the end of August, we told you to consider steel stocks. Despite the innovations in smartphones and computers, the world is still built on a foundation of steel, concrete, and other vital materials. Factories, cars, appliances, and bridges all require steel.

Read full article... Read full article...

 


Commodities

Friday, September 07, 2012

The Chinese Steel Production Paradox / Commodities / Steel Sector

By: Anthony_David

With demand for steel on the wane, producers across the world have reported losses or sharp drops in profitability. The slowdown in the steel market has been attributed to the slowdown in the Chinese economy, the ongoing euro zone crisis and a sluggish U.S. economy. Though China, the largest consumer of steel has taken measures to boost its economy, it is not expected to result in an increased demand for steel in the short term.

Read full article... Read full article...

 


Commodities

Thursday, January 05, 2012

Silver Industrial Demand - The Commodity to Watch / Commodities / Steel Sector

By: Dr_Jeff_Lewis

Forecasting the future of the economy is a difficult task; one who can do it with regularity will most certainly see massive investment profits.  Most of this complexity comes from the lack of clarity in commodities prices.

Commodities earn their price from demand.  Most commodities are tied to a specific industry – palladium is a barometer for autos, while steel is a barometer for real estate.  Some commodities are then related entirely to geography – copper is the commodity for a growing Asian economy, while oil is the commodity for all emerging markets.

Read full article... Read full article...

 


Commodities

Tuesday, January 03, 2012

As Goes Steel… / Commodities / Steel Sector

By: Anthony_David

Falling iron ore prices had reached their lowest point over 22 months in late October. Since then, prices have been rising and they reached $147.60 per tonne—a rise of 26%—over the last few weeks. However, market observers are not celebrating yet; in fact they have cautioned investors that steel demand is still subdued so the rising iron prices could be a reflection of purchases made by metal traders and not steel making companies.

Read full article... Read full article...

 


Commodities

Friday, October 28, 2011

The New Steel Silk Road / Commodities / Steel Sector

By: Richard_Mills

Diamond Rated - Best Financial Markets Analysis ArticleThe Silk Routes, collectively known as the "Silk Road", refer to a 7000 mile network of interlinking trade routes that were used for three millennia. They connected China, India, Tibet, the Persian Empire, the Mediterranean countries and parts of North and East Africa.

Read full article... Read full article...

 


Commodities

Friday, September 02, 2011

Indian Steel Unaffected by Global Crisis / Commodities / Steel Sector

By: Anthony_David

The global steel industry is under great pressure because of the euro zone crisis, the debt crisis of the United States and the fluctuating prices in the global market. However, the Indian steel industry is managing to hold its own and has not been significantly affected by the global situation.

Read full article... Read full article...

 


Commodities

Monday, August 01, 2011

Steel’s Slow Rise / Commodities / Steel Sector

By: Anthony_David

The World Steel Association reported a global steel production increase of almost 8% in June, y-o-y. China reported a y-o-y production increase of 11.9% in June, and a m-o-m production increase of 1.7%. The nation’s slow economic period did not seem to affect its steel industry significantly. Analysts believe the government’s incentives to steel makers for increasing production have borne the right results. The US, Africa, India, Japan and the Middle East also reported production increases but both Australia and Europe reported sharp falls in their y-o-y production in June. However, in a complete reversal, the China Iron and Steel Association (CISA) reported a 3.1% m-o-m production fall in early July.

Read full article... Read full article...

 


Commodities

Sunday, July 03, 2011

Global Steel Demand Continues to Rise / Commodities / Steel Sector

By: Anthony_David

Massive infrastructure growth in the developing nations and a more modest growth in developed nations promise to push global steel demand by 6.5–7% this year. Lakshmi Mittal, the chief executive of ArcelorMittal recently said that the demand for steel is expected to continue rising in 2011. In 2010, global steel demand rose by 10% from 2009 levels and touched a record high of 1.4 billion tons.

Read full article... Read full article...

 


Commodities

Friday, September 03, 2010

Global Steel Industry On The Rebound / Commodities / Steel Sector

By: Anthony_David

The fortunes of the global steel industry are on the rebound and prices are once again firming up. Analysts expect Indian steel prices to rise by about 5% from early September as the post-monsoon demand from the automobile and steel sectors heat up. The rise in raw material and freight rates generally drive steel prices upwards but the recently imposed ban on iron ore exports by the state of Karnataka is adding supply constraints to the equation as well.

Read full article... Read full article...

 


Companies

Wednesday, May 05, 2010

Steel Companies Approaching Key Intermediate Support / Companies / Steel Sector

By: Mike_Paulenoff

Our mid-day minute chart today looks at some select names in the steel sector: United States Steel (X), AK Steel (AKS), Cliffs Natural Resources (CLF) and Nucor (NUE). While there are not-so-subtle fundamental differences between the various steel companies, from an intermediate-term technical perspective every one of them appears to have ended a multi-month recovery rally and is approaching a test of important support, the success or failure of which could have serious implications for the prices of these names, but for the prolongation of the global economic expansion.

Read full article... Read full article...

 


Stock-Markets

Thursday, April 30, 2009

Market Vectors Steel Index ETF Looking Higher / Stock-Markets / Steel Sector

By: Mike_Paulenoff

Best Financial Markets Analysis ArticleThe Market Vectors Steel Index ETF (NYSE: SLX) may benefit as many of the steel names look interesting on the upside, and as the Chinese equity markets are starting to heat up as well, which may be an indication that the gargantuan global (Chinese) stimulus packages are kicking in.

Read full article... Read full article...

 


Politics

Sunday, March 30, 2008

Bethlehem Steel– A Look Back in Time / Politics / Steel Sector

By: Andy_Sutton

Best Financial Markets Analysis Article“…And we're living here in Allentown , and they're closing all the factories down…”

Billy Joel's famous song ‘ Allentown ', released back in the 1980's satirized the end of the road for industry in this part of the world. As someone who grew up accustomed to watching the large cranes, smokestacks and activity in Bethlehem , Pennsylvania , it was a way of life.

Read full article... Read full article...