3. General Steel Holdings ( GSI), operates a portfolio of Chinese companies engaged in the production of a variety of steel products including reinforced bars (rebar), hot-rolled carbon and silicon sheets, spiral-weld pipes and high-speed wire. The company has interests in four steel-related subsidiaries: General Steel (China), Baotou Steel, Shaanxi Longmen Iron and Steel (Long Steel Group), and Maoming Hengda Steel Group. For fourth quarter of 2010, the company recorded year-over-year increase of 6% in its total revenues to $478.6 million. Net income reported was $2.2 million as compared to a net loss of $11.1 million on higher revenue led by higher steel prices. For full-year 2010, revenue increased 13% and net loss narrowed 69.4% from 2009. Looking ahead, the company expects demand to continue in 2011 from the infrastructure, housing and transportation sectors. The company expects the measures it adopted in 2010 will allow it to capitalize on the current strong global demand for steel. Furthermore, it believes that China's western region presents a window of opportunity given the large-scale construction and development. Of the two analysts covering the stock, 50% recommended a buy while the remaining rate it a hold. The stock's average 12-month price target is $4, or 65% higher than the current price, analysts polled by Bloomberg say.