For today’s stock, my recommendation is a mid-sized ($1 billion in revenues) steelmaker named General Steel Holdings (GSI). Here’s what Paul Goodwin of Cabot China & Emerging Markets Report wrote a month ago in that publication: “China’s appetite for steel is enormous, gobbling up about one-third of the world’s output every year. The country is also no slouch as a producer, turning out about a third of the world’s yearly total. In an environment of consolidating giants and government planning, there is one small company that has found a profitable strategy and is growing strongly. It’s General Steel Holdings,...
