We cover steel. That’s not just steel and nothing but steel, but includes all its upstream and downstream components. So we also cover scrap, iron ore, DRI, integrated steelmills, steel minimills, service centers, logistics and mill service providers.
Why? Its fun. We like the way steel touches almost every basic industry and commodity sector in one way or another. And it is very global, with China, India, Asian, Turkey, E Europe, Brazil, Canada, Mexico and the US all slugging it out. We’ve had nothing but fun covering this crazy industry for over 35 years on Wall Street and we intend to keep doing it so long as it makes sense to us!
- Aldo-on-Steel is our basic weekly newsletter. It highlights important events and comments on likely market impact and suggests winners and losers. We also publish timely reports on companies and industry trends, investment ratings, target prices, risks and valuation work across our coverage universe.
- Premium Services are also available that include higher touch access like conference calls, our working valuation models, direct phone/email contact, arranged meetings, and priority access to our various steel industry events and corporate access offerings.
- Bespoke Research is available on certain public or private companies. Our events include organized steel mill tours, other corporate visits, dinners, lunches and meetings with steel companies, and we hold an annual Steel Traders’ Dinner in NYC each June. Clients are cordially invited to attend all events.
We are licensed and registered and members of the Research Prime Platform with IRC Securities, a fully licensed FINRA-registered broker dealer (www.ircsecurities.com), where our research is reviewed and approved prior to distribution by IRC Securities’ supervisory analysts. As registered representatives of IRC Securities, our analysts must follow IRC Securities’ Written Supervisory Procedures. Notable compliance policies include: (1) prohibition of insider trading or the facilitation thereof, (2) maintaining client confidentiality, (3) archival of electronic communications, and (4) appropriate use of electronic communications, amongst other compliance related policies. The research is reviewed and approved prior to distribution by IRC Securities’ supervisory analysts. Compliance documents are available upon request.