Michelle Galanter Applebaum spent more than 20 years as a managing director at Salomon Brothers in New York and was the No. 1-rated steel analyst from 1988-2003, according to Institutional Investor magazine. In 2003, Ms. Applebaum formed Steel Market Intelligence, a 5-person Chicago-based equity research boutique providing advisory services to institutional investors. In addition to publishing 10-15 reports/week, Ms. Applebaum sponsors numerous CEO-level meetings for her investor clients during the year. She is regularly quoted on Bloomberg, Dow Jones, The New York Times and makes frequent appearances on CNBC and other news programs. Ms. Applebaum lives near Chicago with her husband, visiting children and 2 dogs.
Recent Articles By The Author
Steel Shipments Healthy in June
Steel shipments were better than normal for the month, while inventories at service centers fell in what was the largest drop in two years.
Steel Stocks Surged in July
The S&P Steel Supercomposite Index was up 9.6% against a 6.9% increase for the S&P 500 for the month.
Global Steel Prices Gain Strength
Steel prices appear to be bottoming with a pick up in store in the next couple of weeks.
Steel Market: Worrisome Trend Develops
Driven by flat-rolled, June inventories jump 6%, to the highest tonnage level since March 2009.
North American Steel Mills Cutting Output
North American steel mills are cutting production in response to decreased order levels in response to fears of a surge in imports on the back of a potential slowdown in Chinese steel consumption.