Heard some steel companies like TATA Steel and JSW are in good performance. can some one suggest me if its good time to invest in steel industry ?
I feel metal stocks can give some return now if you invest.
To be blunt, with the Environmental-Terrorists like Green Peace and The Sierra Club making it basically impossible for Steel Production in the US to be a profitable industry, you are better off investing in Chinese Steel Companies than American. Same goes for Electricity Production and Petroleum Refining... These Environmental Terrorist Organizations and their misguided leftist followers have made it impossible to build new refineries in the US, which is why the price of Diesel Fuel is so much higher than unleaded, which is not only insane since Diesel Fuel actually requires LESS processing to be a viable product but also because our Transportation Industry as a whole relies upon Diesel Fuel to get everything in your home and office from manufacturer to store. By keeping the Energy Industry held hostage to these irresponsible and, to be blunt, insane laws, they have caused a rise in the price of EVERYTHING sold in the United States... From a deck of cards to homes. If we were not basically banned from building new Nuclear Reactors, we could cut our dependance on Coal by at least half... Anything having to do with any industry that could even potentially do with Pollution, regardless of how far advanced the technology has advanced away from that, it is restricted by Eco-Terrorists and mindless sheep that spend too much time listening to propaganda rather than fact checking what their Masters spoon feed them.
