Basic industries sector stocks

XLB stock price: $72.97 -1.38% At close on Jan 26th, 2021

Basic industries sector definition

The basic materials sector (also known as basic industries sector) is an industry category made up of businesses engaged in the discovery, development, and processing of raw materials. The sector includes companies engaged in mining and metal refining, chemical products, and forestry products. Within this sector are the companies that supply most of the materials used in construction. That makes the companies and their stocks sensitive to changes in the business cycle. They tend to thrive when the economy is strong. The category is sometimes referred to simply as the materials sector.

Basic industries sector is composed of 26 companies.

Basic industries companies

Vulcan Materials Company (VMC)

Vulcan Materials Company produces and supplies construction materials primarily in the United States. The company operates through four segments: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates; and related products and services that are applied in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities. The Asphalt Mix segment offers asphalt mix in Alabama, Arizona, California, New Mexico, Tennessee, and Texas. The Concrete segment provides ready-mixed concrete in California, Maryland, New Mexico, Texas, Virginia, Washington D.C., and the Bahamas. The Calcium segment mines, produces, and sells calcium products for the animal feed, plastics, and water treatment industries. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

  • Industry: Building Materials
  • Market cap: $21,576.8 M
  • Avg. Volume: 0.9 M
  • 1M gains: +9.50 %
  • 3M gains: +7.40 %
  • 6M gains: +24.60 %

Kinross Gold Corporation (KGC)

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. As of December 31, 2019, its proven and probable mineral reserves included approximately 24.3 million ounces of gold, as well as 55.7 million ounces of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.

  • Industry: Gold
  • Market cap: $9,312.9 M
  • Avg. Volume: 18.8 M
  • 1M gains: -3.00 %
  • 3M gains: -19.30 %
  • 6M gains: -19.50 %

The Mosaic Company (MOS)

The Mosaic Company, through its subsidiaries, produces and markets concentrated phosphate and potash crop nutrients in North America and internationally. The company operates through three segments: Phosphates, Potash, and Mosaic Fertilizantes. It owns and operates mines, which produce concentrated phosphate crop nutrients, such as diammonium phosphate, monoammonium phosphate, and ammoniated phosphate products; and phosphate-based animal feed ingredients primarily under the Biofos and Nexfos brand names, as well as produces a double sulfate of potash magnesia product under K-Mag brand name. The company also produces and sells potash for use in the manufacturing of mixed crop nutrients and animal feed ingredients, and for industrial use; and for use in the de-icing and as a water softener regenerant, as well as fluorosilicic acid for water fluoridation. In addition, it provides nitrogen-based crop nutrients and animal feed ingredients, and other ancillary services; and purchases and sells phosphates, potash, and nitrogen products. The company sells its products to wholesale distributors, retail chains, cooperatives, independent retailers, and national accounts. The Mosaic Company collaborate with BioConsortia, Inc. on new nitrogen-fixing microbial products. The Mosaic Company was incorporated in 2004 and is headquartered in Tampa, Florida.

  • Industry: Agricultural Inputs
  • Market cap: $10,478.0 M
  • Avg. Volume: 5.6 M
  • 1M gains: +30.10 %
  • 3M gains: +51.90 %
  • 6M gains: +110.70 %

ArcelorMittal (MT)

ArcelorMittal, together with its subsidiaries, owns and operates steel manufacturing and mining facilities in Europe, North and South America, Asia, and Africa. The company's principal steel products include semi-finished flat products, such as slabs; finished flat products comprising plates, hot- and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; semi-finished long products, such as blooms and billets; finished long products, including bars, wire-rods, structural sections, rails, sheet piles, and wire-products; and seamless and welded pipes and tubes. Its principal mining products comprise iron ore lumps, fines, concentrates, pellets, and sinter feeds; and coking and thermal coal, and pulverized coal injections. The company sells its products to various customers in the automotive, appliance, engineering, construction, energy, and machinery industries through a centralized marketing organization, as well as distributors. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States. The company was founded in 1976 and is headquartered in Luxembourg City, Luxembourg.

  • Industry: Steel
  • Market cap: $26,205.2 M
  • Avg. Volume: 4.5 M
  • 1M gains: -6.00 %
  • 3M gains: +49.00 %
  • 6M gains: +92.20 %

Rio Tinto Group (RIO)

Rio Tinto Group engages in finding, mining, and processing mineral resources worldwide. The company offers aluminum, silver, molybdenum, copper, diamonds, gold, borates, titanium dioxide, salt, iron ore, and uranium. It is also involved in the alumina production; primary aluminum smelting; bauxite mining; alumina refining; and ilmenite, rutile, and zircon mining, as well as provision of gypsum. Rio Tinto Group was founded in 1873 and is headquartered in London, the United Kingdom.

  • Industry: Other Industrial Metals & Mining
  • Market cap: $101,834.0 M
  • Avg. Volume: 2.1 M
  • 1M gains: +6.70 %
  • 3M gains: +35.90 %
  • 6M gains: +34.90 %

Eastman Chemical Company (EMN)

Eastman Chemical Company operates as an advanced materials and specialty additives company worldwide. The company's Additives & Functional Products segment offers specialty coalescent, specialty and commodity solvents, paint additives, and specialty polymers; hydrocarbon and rosin resins; insoluble sulfur and anti-degradant rubber additives; performance resins; amine derivative-based building blocks; heat transfer and aviation fluids; organic acid-based solutions; and metam-based soil fumigants, thiram and ziram based fungicides, and plant growth regulators. It serves the transportation, consumables, building and construction, animal nutrition, crop protection, energy, personal and home care, and other markets. Its Advanced Materials segment provides copolyesters, cellulose esters, polyvinyl butyral (PVB) sheets, and window and protective films, and aftermarket applied film products for value-added end uses in the transportation, consumables, building and construction, durable goods, and health and wellness markets. The company's Chemical Intermediates segment offers Olefin and acetyl derivatives, ethylene, and commodity solvents; primary non-phthalate and phthalate plasticizers, and niche non- phthalate plasticizers; and methylamines and salts higher amines and solvents to the industrial chemicals and processing, building and construction, health and wellness, and agrochemicals. Its Fibers segment provides cellulose acetate tow, triacetin, cellulose acetate flake, and acetic anhydride for use in filtration media primarily cigarette filters; natural and solution dyed acetate yarns for use in consumables, and health and wellness markets; and wet-laid nonwoven media, specialty and engineered papers, and cellulose acetate fibers for transportation, industrial, agriculture and mining, aerospace, personal hygiene, and consumables markets. Eastman Chemical Company was founded in 1920 and is headquartered in Kingsport, Tennessee.

  • Industry: Chemicals
  • Market cap: $14,829.7 M
  • Avg. Volume: 0.8 M
  • 1M gains: +3.00 %
  • 3M gains: +21.50 %
  • 6M gains: +38.70 %

Basic industries sector performance

Counting on Tuesday, it's been 4 consecutive sessions in negative for Basic industries sector ETF. Price closed on Tuesday at $72.97 after sliding a -1.38%.. The stock is configuring an uptrend pattern since March 2020, when it bottomed at $36.88. This uptrend marked a 97.86% gain.

Since in March 2020, Basic industries sector ETF has been printing an uptrend that by now marked an amazing 97.86%. The price line shows higher highs and higher troughs, and along the way gave some buying opportunities for those who wanted to trade in. Latest low was in mid-December, when price bounced at $69.62. Currently, the price swings in a consolidation between its last top ($77.77) and its last bottom ($69.62)

Basic industries sector ETF performance
1 month+2.50 %
3 months+12.50 %
6 months+18.50 %

Basic industries sector industries

Industry
Agricultural Inputs
Aluminum
Building Materials
Chemicals
Coking Coal
Copper
Gold
Lumber & Wood Production
Other Industrial Metals & Mining
Other Precious Metals & Mining
Paper & Paper Products
Silver
Specialty Chemicals
Steel