Industries Qatar QSC last = 9 QAR 1w: +0.09 (1%)
History
Forecast
Buy/Sell Recommendations
RankN/S0*1*2*3*4*5*
Strong Buy
Buy
Hold
Sell
Strong Sell
[Negative]

In spite of recovery in fertilizer fundamentals and a strong ethylene outlook, I expect that the IQCD's significant exposure to steel production could restrain pro?tability growth. The Company has historically capitalized on above average margins in steel due to low energy costs in Qatar, however, the embargo imposed by neighboring GCC (Gulf Cooperation Council) countries could have a negative impact on its steel operations. So I bet on further bearish trend of Company's stocks.