Steel City Capital Investments, LLC is a registered investment advisor that provides investment management services to a long-biased investment fund and separately managed accounts. We adhere to a value-oriented investment in our pursuit of generating long term growth of capital for investors.
In the third quarter Steel City Capital, LP gained 1.6%, net of fees and expenses, compared to +8.5% of S&P 500 Index and +8.4% MSCI All World Index. Year-to-date, the Partnership has added 2.6%, net.
As the Partnership holds a concentrated portfolio, it should be expected that individual positions will often cause results to diverge materially from market indexes.
Rising inflation will likely weigh on hyper-growth stocks whose valuations are predicated on expectations of significant cash flows in the distant future. Such stocks should make increasingly attractive short candidates.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
