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Five Ways To Profit From The Commodity Nobody Likes
Investment U (September 29th, 2009) Writes:
Five Ways To Profit From The Commodity Nobody Likes
Tony Daltorio, Investment U Research
Forget Superman… the real man of steel is Lakshmi Mittal, chairman of the world’s biggest steelmaker, Arcelor Mittal ADR (NYSE: MT).
Mittal has built an empire – and a personal fortune – by being optimistic when it comes to the global steel industry. And he still maintains that confidence today, recently going on record to say that global demand could rise by more than 10% in 2010.
Meanwhile, many of his peers in the industry sport trembling lower lips over their present and future.
Believe it or not, that ongoing debate matters to everybody, not just those investing directly in the commodity. Steel demand feeds into a huge range of sectors, so much so that many regard it as an important bellwether of industrial trends.
The Half-Empty, Steel Glass
Other than
...Alexander Green, Analyst, Arcelor Mittal ADR, B. Muthuraman, Bhp Billiton, ceo, Chairman, chairman of the world’s biggest steelmaker, China, Companhia Siderurgica Nacional-CSN ADR, Contrarian Perspectives, Dan Dimicco, Gerdau ADR, India, India’s Tata Steel, Investing Lessons, InvestmentU, Lakshmi Mittal, Lou Basenese, Matthias Hellstern, mining, Moody, Nucor, Oxford Club, POSCO ADR;, steel, steel consumption, Steel Demand, Steel demand feeds, Steel Industry, Steel Market, steel production, steel sector, Steel stocks, The Oxford Club, United States, USD, VALE ADR, Van Eck Market Vectors Steel ETF
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