Steelmakers are among those profiting from the crashing natural gas prices triggered by the U.S. shale gas boom. By relying on gas instead of coal to purify the iron ore used to create steel, manufacturers are able to lower production costs for the first stage of steelmaking by about 20%. Nucor (NUE) plans to start work on a gas-powered $750M Louisiana plant in mid-2013, and could announce plans for a second plant in the coming year.
Steelmakers are among those profiting from the crashing natural gas prices triggered by the U.S....
From other sites
Video at CNBC.com (Mon, 9:53AM)
Video at CNBC.com (Apr 12, 2016)
Video at CNBC.com (Nov 20, 2015)
Video at CNBC.com (Jun 5, 2015)
Video at CNBC.com (May 11, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs