In most locations, while a house frame is being built it frequently becomes wet from rain and then dries out in the sun. This exposure to the weather can cause timber wall frames to warp. Warping can cause problems later on for windows, doors, and the internal finish. A Steel frame will remain straight and true whatever the weather. There is a myth that a steel-frame house is noisy because it shrinks and expands as temperature changes. This aspect of a Steel house has been greatly exaggerated, and a properly designed steel frame is not noisy.
STLD is a great steel company, but i have fears that their fundamentals may have already juiced up the stock price too much. I feel that they have taken off too fast out of the gates, and you need to wait a while before jumping back on board.
What would kitchens be like without steel? What would eating be like? What would our homes be like? The steel industry provides wire whisks, spoons and forks, and corkscrews just to name a few. Without steel, there would be no irons.
As The link between Steel and the US the old' saying goes, there's good news and bad news. First, the good news. The above headline isn't real. The story is fiction and the record prices described haven't actually happened yet. The bad news is that word "yet." You see, while fiction now, a good part of what transpires in this story is slowly becoming reality as we speak.
One reason is the quality of the grill parts. We know restaurants and resorts cannot waste time buying a new grill for their kitchen every few years so we assume if we purchase commercial quality items we can get the same level of quality as professionals. Now any cheap, low cost manufacturer can call their product a commercial series or a professional series item and the association is made. Add a few hundred dollars profit to the price and the customer gets tricked. I have seen this in many industries when the terms "commercial" and "professional" get used as the name of a product model rather than a true description of the quality of the product.
Damascus steel is unique type of steel that contain multiple layers. This steel is extremely tough and resistant to shattering. It is also able be hold an extremely sharp edge that is resilient to damage. Layering the steel allows more than one type of steel to be used. By alternating the bands with hard and soft steel, the steel will take on the qualities of both. Thus a Damascus blade is hard yet flexible. W. R. Case & Sons Cutlery uses this type of blade in their pocket knives.
Bottom Line: Hindsight is always 20-20, and I wouldn't be shocked if we turn around at the end of the year and say "gosh, why didn't I buy at the 52-week highs?" I am too scared off by this run up to buy right now, but I am asserting that this industry has catalysts and all of these stocks are on my watch lists... just waiting to get my value.