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Recycled Steel

22.1%
10.1%
0.0%

Small Mills, Big Flexibility

Steel, as a commodity, is known to be significantly volatile, especially from a manufacturing demand standpoint. US steel production swung on average 4.3% a year from 2003 to 2007, and 26.9% thereafter.[1] That’s a big problem for companies in the industry, specifically integrated steel mills, which account for 69% of global production.[1] The energy costs and structural stresses associated with starting and stopping these enormous facilities mean they can’t react quickly to changing demand, leading to reduced margins or losses. Steel mini-mills, on the other hand, are constructed to be much more responsive to fluctuations in demand, which has made them more appealing and less volatile than their larger counterparts. As global infrastructure spend increases in the coming years, companies involved in the steel business count see sustained demand for their products and related services.[4] See more
22.1%
10.1%
0.0%
Invest in Thematic Portfolios
Create your own customizable basket of up to 30 stocks or ETFs for just $9.95.
Motif Index 1 YR Return
Recycled Steel Benchmark
With this Motif, you can buy the following basket of stocks for just $9.95:
Weight Segment & Stocks Symbol 1 MO / 1 YR Return
46.6% Minimills 31.4%
20.5% Nucor Corporation NUE 24.4%
20.3% Steel Dynamics Inc. STLD 37.1%
5.9% Gerdau S.A. GGB 35.9%
45.2% Steel Processing & Products 30.6%
19.6% Reliance Steel & Aluminum Co. (DE) RS 29.7%
15.3% Valmont Industries Inc. VMI 18.1%
5.3% Worthington Industries Inc. WOR 65.8%
2.2% Schnitzer Steel Industries Inc. SCHN 22.2%
1.5% Harsco Corporation HSC 27.7%
1.3% Olympic Steel Inc. ZEUS 133.2%
8.2% Steel Recycling 10.9%
8.2% Commercial Metals Company CMC 10.9%

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