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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (71122)	9/14/2022 12:00:08 PM
From: scbeachbum	1 Recommendation Recommended By E_K_S Read Replies (1) \| Respond to of 78748

With that being said, have you seen the shut downs of European arc furnaces? Their energy crisis and high electric utilization is causing issues for those plants there. That will lead to less steel imports from Europe, if anything might mean exports to Europe kick in. Not the best news out of NUE today, but X and STLD usually provide guidance a day or two after so we'll hear from them this week I imagine. Even with the lower earnings out of NUE, they are still generating plenty of earnings. I still like FRD and ZEUS in the processing sectors, well below book and generating a lot of EPS, Good values here that that crushed with the overall market downdraft.