NUE Forum Topics
- All Comments on NUE
- General Discussion on NUE
- Commercial Metals Earnings and the Domestic Steel Market [view article]
- Goldman: Nucor Sell-Off Overdone, Buy the Dips [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Coal and Steel Stocks Take A Hit [view article]
- Key Earnings Reports This Week [view article]
- What's Wrong with Today's Value Investing? [view article]
- Cleveland Cliffs Should Have Rallied, Not Plunged 17% [view article]
- Global Infrastructure, Alternative Energy and the Cost of Commodities [view article]
- Oil Rises, Dow Falls - Fast Money Recap (6/26/08) [view article]
- Goldman Sachs Replaces Nucor with U.S. Steel on Its Conviction Buy List [view article]
- 5 Metal and Mining Stocks for Short Term Consideration [view article]
- Fast Money Recap - Oil Spoils Everything (6/6/08) [view article]
loading ...Recent NUE Articles
- Goldman: Nucor Sell-Off Overdone, Buy the Dips
- Welcome to Massive-Earnings Thursday
- Wall Street Breakfast: Must-Know News
- Earnings Preview: Nucor
- Key Earnings Reports This Week
- The Market for Metals Is Still Heavy
- S&P's Poor Standard - Fast Money Recap (7/9/08)
- Cleveland Cliffs Should Have Rallied, Not Plunged 17%
- Coal and Steel Stocks Take A Hit
- What's Wrong with Today's Value Investing?
- Full List of Articles »
What's Wrong with Today's Value Investing? [view article]
can you modify your original screen such as to exclude banking and insurance stocks? that might be all it takes to really fix it. the rationale: banks nowadays are mostly highly leveraghed hedgefund-type institutions with lots of assets and liabilities off-balance sheet that grossly distort the valuation metrics. Similiar for many insurers.would be interesting to see what the result would be? Reply
Oil Rises, Dow Falls - Fast Money Recap (6/26/08) [view article]
I know someone's always looking for an article idea, so here's one. Find out what on earth the energy stock WES is all about? All insider buying, no selling, Andarko buying. Analysts now making recommendations of buy, on a stock with no news. No news ever. Mysterious indeed. $17/share. ReplyGlobal Infrastructure, Alternative Energy and the Cost of Commodities [view article]
FWIW:Jim Cramer, April 10, 2008:
"Macquarie Infrastructure (MIC): “I don't trust the Australian complex that is MIC.” Reply
Commercial Metals Earnings and the Domestic Steel Market [view article]
excellent commentary, and follow up commentary. ReplyGlobal Infrastructure, Alternative Energy and the Cost of Commodities [view article]
People have been saying for a number of years now that this is the largest transfer of wealth in the history of the world (West to East). Probably so. For sure, the Chinese are moving into megacities and using copper, oil, and everything else. The Vietnamese were buying so much gold that the government is now prohibiting gold imports. You're not going to preserve your capital in RIM or Microsoft. Those days are gone. The market has moved on and we all need new play books. ReplyGoldman Sachs Replaces Nucor with U.S. Steel on Its Conviction Buy List [view article]
GS call on X and NUE happened on Monday, June 23rd. ReplyCommercial Metals Earnings and the Domestic Steel Market [view article]
Bellard,First thing first, higher oil price is not necessarily a sign of strong economy. It could be a result of pure speculation as well. At this point, I am very bullish with the steel industry, as you are. Having said that though, I think the demand for steel will remain as strong as it is if and only if the global economy keeps growing. With oil price going up the way it is, no body knows for how long, one can reasonablly conclude it will slow down global growth. That is evident in the US economy right now where different sectors (Airlines, Transportation, etc) are greatly impacted by the price of oil. With slowing economy, the demand for Steel will be weak! You said If oil prices cause the global economy to fall, then oil will fall also... As far as I am concerned, the global economy is already slowing down (led by the US)... and the price of oil is still rising, with no sign of slowing down. I dont disregard the inevitability of demand destruction as the price of oil keeps increasing. But it is very likely that it will get to the point where it cripples the world economy before the demand for oil subsides and the price starts falling.. In short, Oil price rising results in significant global economic slow down (with out necessarily causing the price of oil to fall) and that will most likely translate in weak demand for construction (steel). Reply
Commercial Metals Earnings and the Domestic Steel Market [view article]
"With Oil prices likely to keep surging, it is very important to note that will stifile economic expansion and, therefore, eat away the demand for steel."Tibis;
I actually do not agree with this. Higher oil prices are a sign of a strong global economy, hence strong demand for steel. Like I posted in the article, CMC is expanding so it can ship overseas and make more money - If US demand falls, CMC would shift that supply overseas and make better margins.
If oil prices cause the global economy to fall, then oil will fall also..... Reply
Commercial Metals Earnings and the Domestic Steel Market [view article]
"What is you opinion on the penalty tariffs recently cleared by the U.S Int'l Trade commission "for circular welded pipe"? Is this a trend?"Steel;
I think that global economics are already dealing with this issue. But it is good to see the steel firms standing up against dumping. My main concern in the past has been that many countries subsidize energy to the point that its cheap to make steel products, and hence easy to dump into the US... Reply
Commercial Metals Earnings and the Domestic Steel Market [view article]
I agree with the analysis that less steel import to the US will stregthens the local steel industry. What you never bother to mention, though, is the implied assumption that the US economy comes back to life sooner than later. With Oil prices likely to keep surging, it is very important to note that will stifile economic expansion and, therefore, eat away the demand for steel. With the economic back in track, there is a great future for the US steel industry. ReplyCommercial Metals Earnings and the Domestic Steel Market [view article]
Thank you Mr Ellard for your insights and for responding to my comment in your last article. You responded that you thought "the domestics are better valuations right now. Its not just the weak dollar per say, its global inflation helping the domestics. Coking coal, and coal prices are running 30% higher internationally vs the U.S. Also with energy prices soo high, imports into the US are drying up.""U.S. steel inventories are also very very low - another factor for better future cash flows from domestics vs intl...."
In this article you mentioned foreign steel producers imposing export tarrifs and reduced energy subsidies as energy prices increase having the effect of shutting off imports to the U.S.
What is you opinion on the penalty tariffs recently cleared by the U.S Int'l Trade commission "for circular welded pipe"? Is this a trend? What effect will this have short term and long term? which steel companies should benefit most? Reply
Commercial Metals Earnings and the Domestic Steel Market [view article]
great article.Is x A good buy.I own nue & x with good returns from both Reply5 Metal and Mining Stocks for Short Term Consideration [view article]
Dump NUE on June 30? Hmmm. That costs 52 cents a share to the dumper, since the board of directors of Nucor Corporation (NYSE: NUE) declared the regular quarterly cash dividend of thirty-two cents ($0.32) per share on Nucor's common stock. AND a supplemental dividend of twenty cents ($0.20) per share, for a total dividend of fifty-two cents ($0.52) per share. This cash dividend is payable on August 11, 2008 to stockholders of record on June 30, and is Nucor's one-hundred forty-first consecutive quarterly cash dividend. Reply5 Metal and Mining Stocks for Short Term Consideration [view article]
Steel is actually a global need. Perhaps, one considers metals as a "story" yet it's a perennial requirement for many industrial sectors.Steel & Metals remains a reliable steady train in many many companies.
Pullbacks are a nice entry point. Reply
Fast Money Recap - Oil Spoils Everything (6/6/08) [view article]
It's a very excellent presentation on the hows and whys of the market right now, and overall this whole oil fiasco is killing us(Americans/Investors... Under the assumption that investors will invest regardless. Is renewable energy really the new frontier? Reply