It’s a digital world, driven by retail consumption, but heavy industry is far from obsolete. Manufacturing, mining, construction, steel – all remain vital in today’s economy, and all provide plenty of opportunity for investors. A recent report of Credit Suisse makes a case for going bullish on steel. The firm’s 5-star analyst Curt Woodworth writes of the US steel industry’s business phases, “What was once viewed as a more transitory supply-driven cycle has now transitioned to a more durable demand-led cycle, which is very broad based in terms of drivers, with renewable energy an underappreciated part of the story in our view.
https://www.tipranks.com/news/article/analysts-bullish-on-steel-offer-2-stocks-to-buy?utm_source=advfn.com&utm_medium=referral
Schnitzer Steel Industries (NASDAQ:SCHN)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more Schnitzer Steel Industries Charts.
Schnitzer Steel Industries (NASDAQ:SCHN)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more Schnitzer Steel Industries Charts.