Reliance Steel & Aluminum Given Average Rating of Hold by AnalystsFri, 29 Aug 2014 17:00:55 +0100
Reliance Steel & Aluminum has earned an average recommendation of Hold from the eight analysts that are currently covering the stock, American Banking News.com reports .
Consultant-News.com Latest News from the World of ConsultancyFri, 29 Aug 2014 14:43:19 +0100
Experts and analysts routinely blame the struggles of the steel industry on overcapacity and import pressure. It is no secret that the steel industry has been struggling for some time.
Challenging Conventional Wisdom in Steel: A New Approach For An Old ...Fri, 29 Aug 2014 07:39:00 +0100
Experts and analysts routinely blame the struggles of the steel industry on overcapacity and import pressure. It is no secret that the steel industry has been struggling for some time. Analysts and industry experts alike constantly point to global ...
Shandong Iron and Steel : H1 Loss Hit CNY797mnFri, 29 Aug 2014 04:49:00 +0100
01/27 SHANDONG IRON AND STEEL CO LTD: Shandong Iron And Steel Predicts Profits in 201.. 2013 DJ AFRICAN MINERALS: Tewoo to Pay $990 Million for 16.5% Tonkolili Economic Stake .. 2012 JINAN IRON AND STEEL COMPANY LTD.: 1.Medium Plate Plant Rolled 5mm Steel ...
Iron ore price rout continues apace - The AustralianThu, 28 Aug 2014 23:45:49 +0100
The price of iron ore is crucial to the profitability of the mining giants, particularly Rio Tinto, but their low costs relative to the rest of the industry allow for a less painful absorption of the price falls than their rivals. Indeed, the latest ...
This Steelmaker Is Poised to Deliver Gains to Investors - GuruFocus.comThu, 28 Aug 2014 19:39:33 +0100
United States Steel (X) has done well this year. The steelmaker's shares have picked up and outpaced peers like ArcelorMittal (MT), which is down in 2014. U.S. Steel is profiting from an increase in steel requests, as a result of which it conveyed a ...
Bank Of America Bullish On SteelThu, 28 Aug 2014 17:38:55 +0100
Analysts at Bank Of America raised price targets on AK Steel (NYSE: AKS ) to $13 from $11 and Steel Dynamics (NASDAQ: STLD ) to $26 from $23. The firm also reiterated Buy ratings on both companies. Analysts ...
Renewed Ukraine jitters spark profit taking in Europe sharesThu, 28 Aug 2014 12:21:05 +0100
European stocks fell on Thursday as renewed worries over turmoil in Ukraine prompted investors to cash in some gains following a sharp 2-1/2 week rally. The sell-off accelerated around midday after Ukrainian ...
Steel profits hurt in hunt for sales - BDliveThu, 28 Aug 2014 05:52:23 +0100
Global steel production rose to a record 1.58-billion tonnes last year. ArcelorMittal, the world's biggest steel maker, produced 96.1-million tonnes followed by Japan's Nippon Steel & Sumitomo Metal Corporation, which made 50.1-million tonnes ...
Share market falls, iron ore slumps, Qantas rare bright spot - Yahoo7 ...Thu, 28 Aug 2014 05:36:14 +0100
Mining stocks were among those weighing on trade after the benchmark Chinese iron ore spot price fell to $US88.20 a tonne - the lowest level since September 2012, when prices troughed at $US86.70. Analysts say a combination of oversupply from ...
Australia's Atlas back in black as iron ore output risesThu, 28 Aug 2014 00:55:53 +0100
* Australia's Atlas Iron turns a profit amid weak ore prices * Sells iron ore for average $98.10/t vs $104.90/t yr ago (Adds production, cost, financial data, iron ore price) SYDNEY, Aug 28 (Reuters) - Atlas Iron posted a A$14 million ($13 million) net profit versus a $245 million loss a year ago as sharply higher production offset weaker iron ore prices, enabling it to pay a dividend. "Our ...
Why United States Steel (X) Stock Might be a Great Pick - Zacks.comWed, 27 Aug 2014 12:59:45 +0100
One stock that might be an intriguing choice for investors right now is United States Steel Corp. (X - Analyst Report). This is because this security in the Steel industry is seeing solid earnings estimate revision activity, and is in great company ...