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Steel Sector Update
Paulo Santos • Mon, Jun 4, 2012 • 22 Comments
Market Vectors Steel: Inexpensively Valued ETF In A Better Managed Industry
Morningstar • Wed, May 2, 2012
Steel ETF Correction Is Positioned for Rebound
Tom Lydon • Tue, Mar 15, 2011
Robust Picture of Steel Fundamentals: Shipments Hit Cyclical Highs
Michelle Galanter Applebaum • Mon, Feb 21, 2011
Steel ETF Could Feel Weight of Increased Production
Tom Lydon • Thu, Jun 3, 2010
No V-Shaped Recovery in Steel Prices
Cullen Roche • Mon, Apr 5, 2010
Steel Imports Improve, But Show Slow Recovery
Cullen Roche • Wed, Feb 24, 2010
What Will ITC Ruling Mean for Steel?
Michael Johnston • Thu, Dec 31, 2009
What's Next for the Steel ETF?
Tom Lydon • Thu, Sep 17, 2009
Is It Time to Buy the Steel ETF?
Gary Gordon • Wed, Aug 5, 2009 • 1 Comment
Steel ETF Needs a Global Rebound
Tom Lydon • Sun, Jul 12, 2009 • 1 Comment
Why Steel ETF Is Showing Renewed Strength
Tom Lydon • Sun, Apr 19, 2009
4 Reasons the Steel ETF Is at a Crossroads
Tom Lydon • Wed, Jan 28, 2009 • 1 Comment
Why Steel ETF Has Cautious But High Hopes
Tom Lydon • Mon, Jan 5, 2009 • 1 Comment
Editor of ETF Digest on Dealing with a Trendless Market
Hard Assets Investor • Mon, Jan 5, 2009
Steel Futures Forging Ahead
Hard Assets Investor • Tue, Aug 5, 2008 • 2 Comments
Is the Steel Industry Preparing for the Future - or Just Raking in Dough?
Mike Petro • Thu, Jul 31, 2008 • 3 Comments
On Steel's Price Surge: Part II
Mike Petro • Wed, Apr 30, 2008
Emerging Economies' Need For Steel Boosts Its ETF
Tom Lydon • Wed, Aug 1, 2007
Market Vectors Steel: The Top Performing ETF YTD
Kevin Kennedy • Thu, Jul 26, 2007

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European Commission Misses Mark To Revive Euro Steel Industry
MetalMiner • Thu, Jun 13
Steel Price Expectations For The Second Half Of 2013
MetalMiner • Tue, Jun 11 • 7 Comments
China Steel Industry In De-Stocking Mode, Depressing Prices And Production
MetalMiner • Mon, May 6
First Car Wars, Now Wood Wars - The Next Battle For U.S. Steel Industry
MetalMiner • Thu, Apr 25
Daily State Of The Markets: Are The Charts Telling The Real Story?
David Moenning • Thu, Apr 18
Commodity Crash 2013: Insights On Commodities From Hell
Mark Scheffler • Mon, Apr 15 • 9 Comments
Aluminum Or Steel: Which Metal Will Win The Automotive Crown?
MetalMiner • Tue, Apr 9 • 1 Comment
The Big Mo: Buy Just Before Momentum Players Cause Prices To Surge
Steven Jon Kaplan • Mon, Mar 18 • 16 Comments
U.S. Steel, Evraz, And Severstal Execs Still Optimistic On Steel Demand
MetalMiner • Wed, Mar 13
ArcelorMittal And Mosaic: Basic Materials, Recovering And Upgraded
Nick Chiu • Tue, Mar 12 • 7 Comments
Why Europe's Steel Industry Is In Structural Long-Term Oversupply
MetalMiner • Wed, Mar 6
4 Ways Income Investors Can Protect Against Inflation
StreetAuthority • Wed, Jan 23 • 4 Comments
EU Goes To (Trade) War With China: Could Relieve Steel Companies
MetalMiner • Wed, Jan 16
Worst ETFs In 2012? Consider Last Year's Losers In 2013
Gary Gordon • Thu, Jan 3 • 5 Comments
As Predicted, The PPI Of Steel And Iron Has Been Declining
Ivan Kitov • Mon, Dec 17, 2012
How Long Will Shrinking Iron Ore Exports Continue?
Emerging Money • Thu, Dec 6, 2012
Global Steel Supply Outlook: Not Looking Great For Producers
MetalMiner • Mon, Dec 3, 2012 • 4 Comments
Take The Bull By The Horns Now
Craig Brockie • Tue, Nov 20, 2012 • 9 Comments
Steel Stocks Are Heavy But Not Dead Weight - Let Options Lighten The Load
Suz Smith • Mon, Oct 29, 2012 • 6 Comments
Should Investors Reconsider The Metal Mining ETFs?
Gary Gordon • Tue, Oct 16, 2012

There are no Transcripts on SLX.

Steel execs say energy could spur renaissance

at MarketWatch.com (May 16, 2013)
Final Trade: Your First Move for Friday, March 22

at CNBC.com (Mar 21, 2013)
Global Markets: U.S. In, Emerging Markets Out

at CNBC.com (Mar 13, 2013)
Stocks to Watch: ONXX, BAC, IDCC & More

at CNBC.com (Jun 18, 2012)
Weekend Investor: 5 of the world’s cheapest dividend-paying stocks

at MarketWatch.com (Mar 9, 2012)
Video: Market of Steel

at MarketWatch.com (Feb 29, 2012)
Video: Market of Steel

at MarketWatch.com (Feb 29, 2012)
Analyst Watch: Top Trades for the Next Six Months

at CNBC.com (Jul 15, 2010)

SLX vs. ETF Alternatives

SLX Description

The Steel ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Steel Index. The Index provides exposure to publicly traded companies primarily involved in a variety of activities that are related to steel production, including the operation of manufacturing mills, fabrication of steel products, or the extraction and reduction of iron ore. As such, the Fund is subject to the risks of investing in this sector.
See more details on sponsor's website

Sector: Basic Materials

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs
Asset Class Performance: Commodities

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Tuesday, June 11, 10:21 AM The EU plans to seek a WTO ruling against Chinese duties on specialized steel tubes, EU sources tell Reuters, opening another front in an escalating trade conflict with China. The filing, which may come later this week, would signal that the EU is willing to take action against duties it views as based on retaliation rather than objective evidence. 1 Comment [Commodities, Global & FX]
Thursday, May 30, 11:47 AM Prices of iron ore hit a seven-month low today, and are down 30% since hitting a year high in February, as prices get hit by a demand slowdown in China and a glut of supply. Analysts are predicting more declines, with Westpac projecting iron ore prices to drop to as low as $85 a ton by the end of September. Liberum Capital notes that its channel checks show the price may fall below $90 a ton. "The market is flush with product at the moment," says RBS Morgans resources analyst James Wilson. "Pricing power has switched from the iron-ore miners to the steel mills." 7 Comments [Commodities, Global & FX]
Tuesday, May 28, 5:47 PM Goldman Sachs cuts its 2014-15 EPS estimates for steel producers due to lower expected steel prices (SLX) and only modest increases in orders despite macro data indicating an improving market. Price-sensitive names AK Steel (AKS) and U.S. Steel (X) could suffer further declines, the firm says as it prefers specialty companies such as Reliance Steel (RS) and Carpenter Tech (CRS). 1 Comment [Commodities]
Friday, May 24, 2:57 PM Recent price increases announced by AK Steel (AKS -1.4%), US Steel (X -0.3%) and ArcelorMittal (MT -0.9%) are unlikely to stick, Credit Suisse believes, as the sector's fundamentals suggest steel stocks are likely to remain range bound this summer. However, the firm predicts stronger demand trends are likely to drive steel stocks higher by fall. Comment! [Commodities]
Thursday, May 23, 5:55 PM Serious overcapacity in China's steel industry is unlikely to ease in 2013, which could continue to hamper steel prices (SLX), analysts say at Platts Steel Market Europe conference. China is set to produce ~750M metric tons of crude steel in 2013 while capacity will rise to 950M, putting heavy pressure on steel prices in Europe and in the world steel industry as a whole. 7 Comments [Commodities, Global & FX]
Friday, April 26, 4:39 PM Steel prices have slumped sharply this month, prompting steelmakers (SLX) such as Nucor (NUE), ArcelorMittal (MT) and ThyssenKrupp to send out letters last week notifying customers that they would no longer offer discounts on index prices, WSJ reports. The effort to halt rampant undercutting faces challenges from other steelmakers that continue to offer discounts and special deals. Comment! [Commodities]
Monday, March 4, 2:09 PM Caterpillar (CAT -2.2%) is the Dow's worst performer today amid renewed concerns about economic growth in China. As China looks to curb rising home prices, the likely result would be lower demand for basic materials. The impact is hitting heavy equipment manufacturers such as Joy Global (JOY -3.9%), diversified miners including Cliffs Natural Resources (CLF -6%), and steelmakers (SLX -2.2%). Comment! [Global & FX, On the Move]
Tuesday, February 26, 3:57 PM PowerShares has shuttered 13 ETFs, representing less than 1% of the issuer's AUM, as of today's close. Affected funds follow (with competing funds in parentheses): PIC (KIE, IAK, KBWP, KBWI), PYH, PJB (IAT, KBE, KRE, RKH, QABA, KRU, KRS, KBWR), PSTL (SLX), PLK, PWND (FAN), PMA, PKOL (KOL), PKN (NLR, NUCL, URA), PTO, PAO, PCA and CVRT. (pdf) Comment!
Wednesday, January 23, 12:25 PM More Einhorn: A new bearish thesis, Greenlight has shorted a number of stocks in the iron ore sector, believing the billions miners have spent growing capacity is coming online as global demand growth for steel fades. The big late-year rally in iron ore prices - and stocks like RIO, BHP, VALE, CLF, to name a few - looks to have made a good entry point. 3 Comments [Commodities, Global & FX]
Friday, January 11, 2:21 PM Stocks in the materials space are among the weakest performers, as miners and steelmakers weigh following hotter-than-expected Chinese inflation data. Among non-precious metals: WLT -5.8%, CLF -4.3%, CENX -9.2%. Also, BHP Billiton (BHP -2.6%) and Rio Tinto (RIO -2.9%) were both downgraded to Neutral from Outperform at Macquarie. 10 Comments [Commodities, On the Move]
Monday, December 31, 2012, 2:49 PM 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. 10 Comments [Commodities]
Friday, December 7, 2012, 3:18 PM AK Steel (AKS -0.2%) increases current spot market base prices for all carbon flat-rolled steel products by $30/ton, effective immediately with new orders. Platts spot prices have jumped 10% to $644/ton from $580 in mid-October, sparked by the strong U.S. auto market, periodic shortages related to mill outages, and high demand in local markets such as shale regions in need of steel drilling pipe. 1 Comment [Commodities]
Friday, December 7, 2012, 10:42 AM Spot prices for benchmark hot-rolled steel have basically stagnated over the last two years, but recent increases of ~10% suggest customers are accepting somewhat higher prices due to a stronger market and to prevent the values of their own inventory from falling. Prices are expected to continue firming as the eastern U.S. starts rebuilding after Sandy. Comment! [Commodities]
Wednesday, November 28, 2012, 10:55 AM The steel industry is suffering from chronic over capacity, with production ability of 1.8B tons but expected 2012 orders of just 1.5B tons. And instead of cutting back, the sector is building more mills, often supported by governments. Major problems include the fragmentation in the industry and the political difficulties of closing plants - witness ArcelorMittal's (MT) travails in eastern France. 3 Comments [Commodities]
Tuesday, October 2, 2012, 12:15 PM The most important news of recent days, writes Akram's Razor, was the $1B buyout bid for debt-laden Australian iron ore miner and steel producer Arrium. It suggests the point at which beaten-up metallurgical coal names and leveraged iron ore and steel producers become bait for mining giants or Asian/Middle Eastern buyers has moved closer. Some obvious picks: ANR, WLT, CLF, or X. 3 Comments [Quick Ideas, Global & FX, Commodities]
Tuesday, September 11, 2012, 2:25 PM Shares of coal (KOL +1.5%) and steel (SLX +2.3%) companies continue to rise after last week's news that China would fast-track ~$150B in infrastructure spending plans. Investors hope China will soon announce another stimulus that will bolster demand for raw materials. Among today's top gainers: CLF +6.4%, ANR +6.1%, DNR +4.4%, X +4.2%, BTU +2.8%. Comment! [Commodities, On the Move]

Capitalist Bull
39 Short Setups http://stks.co/kBxD Steels UGLY. SLX $HR_F X MT AKS BIDU CROX DECK COH AAPL WLT WFT PCLN TWI ISRG & more.
10/5/12
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Capitalist Bull
39 Short Setups http://stks.co/aBks Steels look UGLY. SLX HR_F X MT AKS BIDU CROX DECK COH
10/4/12
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Capitalist Bull
39 Short Setups http://stks.co/aBks Steels look UGLY. SLX HR_F X MT AKS BIDU CROX DECK COH http://stks.co/cBeK
10/4/12
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Justin M. Hall
4/3/12 9:08A ET: [ SLX ] We're letting go of SLX with a modest gain after 1 week. Focusing on other mining plays. http://bit.ly/t7mrwo
4/3/12
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Justin M. Hall: Interestingly, this ETF (SLX) has not been cited in any stocktalks for nearly a year. Not sure if that's such a good thing. :-)
4/3/12
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Justin M. Hall: We took a small gain on a quick trade and now must move on.
4/3/12
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lima99us
To $SLV believers: Rally confirmed SilverMex $SLX undervalued Silver, proven mgmt w/ $26+ mils. cash on hand to fund projects 2011 beyond.
4/25/11
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David White
Steels (SLX) are up strongly this morning. Steel & iron Ore prices have risen recently. More profits? CLF looking strong.
2/28/11
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Michael Clark
BUY SLX FEB 72 CALLS. http://seekingalpha.com/p/2quy
1/13/11
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EquityClock
SLX continues to outperform market as materials receive a boost. Steel finds seasonal strength into year-end http://bit.ly/edD3oN
12/8/10
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SlingWing9
JCG CRUS RRGB NDN NHP SLX RS RYAAY KRA MFD - Good chart patterns for long positions.
11/20/10
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Joe Kunkle
Coal and Steel getting whacked here $SLX $KOL - $WLT is ugly
7/27/10
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LATEST REPLIES

Justin M. Hall
4/3/12 9:08A ET: [ SLX ] We're letting go of SLX with a modest gain after 1 week. Focusing on other mining plays. http://bit.ly/t7mrwo
4/3/12
Reply (2)

• !Report Abuse
View all 2 replies
Justin M. Hall: Interestingly, this ETF (SLX) has not been cited in any stocktalks for nearly a year. Not sure if that's such a good thing. :-)
4/3/12
• !Report Abuse
Justin M. Hall: We took a small gain on a quick trade and now must move on.
4/3/12
• !Report Abuse
Add a reply...

140 characters

SLX Market Vectors Steel ETF

SLX

Market Vectors Steel ETF