Steel’s struggle may turn in 2009
- Publishing Date
- 06 Jan 2009 3:07pm GMT
- Author
- Mining Journal
Summary
Steel has taken a beating in the recent global downturn, where demand for metals has decreased. Nevertheless, as the global steel industry braces for a tough first half of 2009, some investors are betting that what goes down will come back up, believing the markets may have over-corrected the downside – and resource sectors where hard assets exist may be early beneficiaries and hold long-term value. Tim Alch, vice-president senior minerals business analyst at Behre Dolbear & Company (USA), Inc in New York reportsThis article is restricted to subscribers of this publication. Please click the button below to find out about how to become a subscriber and view this and more premium content.
Author Biography
Tim Alch, vice-president senior minerals business analyst, Behre Dolbear & Company (USA), Inc. timalch@gmail.com. He is a financial and business analyst with more than 24 years of experience of analysis of economic, strategic, valuation and investment issues for industrial and financial clients. His work over the years has focused on the study and analysis of financial, industry and strategic issues concerning the management and performance of companies in the metals, mining, steel and related industry sectors and investments therein. He is an honours graduate of Amherst College where his studies focused on economic geology and continued his studies in the mineral and energy economics MSc graduate programme at Pennsylvania State University.Subscribe NOW!
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