Tag: arcelormittal
Oil nears $50: Is this a buying opportunity?
Published on November 6, 2008
Energy prices are in play. European interest rates are falling and taking crude prices with them. Companies all across the energy sector, like Peabody (NYSE:BTU) and Massey (NYSE:MEE) have seen their prices slashed. This is a great buying opportunity.
By Andrew Snyder, TodaysFinancialNews.com
Baltimore – (TFN): This is turning out to be a big week for [...]
Recession Investing: Severstal (SVJTF) is crazy
Published on October 9, 2008
Russia’s largest steelmaker, Severstal (SVJTF) is planning a major Asian expansion at the worst of all possible times. But with the Russian economy in shambles and demand for commodities collapsing, the company can’t be serious.
by Stephanie Grimmett
Baltimore — (TFN): When in doubt, ignore the commodities crash and push your expansion through with sheer willpower. [...]
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