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Company: Steel Dynamics (STLD)
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10 votes

  Favorable outlook for 2008

The outlook for the global steel industry for 2008 is favorable, supported largely by continuing elevated demand from emerging economies.[1] Indeed, global demand for steel is expected to increase 4.9% annually through 2010.[2]

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2 votes

  Recent acquisitions will protect company from volatile price swings

Steel Dynamics' recent acquisitions of the steel scrap processor Omnisource and of an iron ore mine from Cleveland-Cliffs (CLF) will work to protect the company's financials in case of volatile pricing swings of these materials.[1][2]


  1. Steel Dynamics Website
  2. Steel Dynamics Press Release Dec 3, 2007
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0 votes

  Good prospects for US Steel due to falling dollar

The currently devalued dollar not only makes foreign steel less attractive to domestic consumers, but it makes U.S.-made steel more attractive to foreign consumers. Fewer foreign steel imports into the U.S. simply means less direct competition in the domestic market.

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