Nucor Warns On Q4 Due To Seasonality, Plant Closure NUE - Investor's ...Tue, 16 Dec 2014 18:16:28 GMT
Investor's Business DailyNucor (NYSE:NUE) issued disappointing fourth-quarter guidance, dampening investor hopes of signs of recovery in the struggling steel sector. The Charlotte, N.C., steel maker, whose production is constrained by an earlier equipment failure at its ...
China steel, iron futures fall as winter demand weakens - ReutersTue, 16 Dec 2014 06:31:06 GMT
"Right now the mills are profitable and iron ore traders are making losses, but I believe steel prices are also likely to head downwards soon," said a trader based in Tangshan, China's biggest steelmaking city in northern Hebei province. "We have ...
Moody's affirms TMK's ratings; changes the outlook to negative - ...Tue, 16 Dec 2014 05:10:18 GMT
TMK's B1 corporate family rating (CFR) reflects exposure to the oil and gas sector, which can lead to wide swings in demand for OCTG and line pipes and cause volatility in TMK's profitability and leverage. ... (2) ruble devaluation during 2014, which ...
AK Steel (AKS) Reaches New Labor Deal for Ashland Works - Analyst ...Mon, 15 Dec 2014 23:03:09 GMT
AK Steel (AKS) Reaches New Labor Deal for Ashland Works - Analyst Blog
Corsa Coal Announces Analyst Day and Preliminary Outlook for 2015Mon, 15 Dec 2014 17:00:00 EST
TORONTO, Dec. 15, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) (Corsa or the Company) will host its Analyst Day on Tuesday, December 16, 2014. During the Analyst Day presentation, senior management will provide more detail on Corsa's operational base, certain cost improvement...
Valmont (VMI) Faces Headwinds in Irrigation, Utility - Zacks.comMon, 15 Dec 2014 21:58:09 GMT
On Dec 8, we issued an updated research report on steel pipe and tube company Valmont Industries (VMI - Analyst Report). While the company's long-term prospects look healthy, it is exposed to some short-term challenges in its utility and irrigation ...
Timing bad For BHP demergerMon, 15 Dec 2014 13:31:44 GMT
Analysts have warned that BHP may struggle to cover its dividend and spending commitments if it goes ahead with a plan to spin out profitable assets
Oil, coal and iron ore at 2008-2009 financial crisis levelsMon, 15 Dec 2014 08:47:53 GMT
Tumbling oil, coal and iron ore prices are now all at levels last seen during or before the financial crisis of 2008-2009, signalling not only the impact of a glut of supplies but deeper weakness in parts of the global economy, analysts say.
Why US Steels Tubular Goods Is The Most Profitable SegmentFri, 12 Dec 2014 21:00:14 GMT
The tubular segment contributes 16% of US Steels revenues. However, its contribution to the companys operating profits is very volatile.
Overview: Importance Of US Steels Tubular SegmentFri, 12 Dec 2014 17:00:20 GMT
While other company segments have seen frequent losses in the past, US Steels tubular segment has remained largely profitable.
Brazil's CSN board approves joint venture with Asian firmsFri, 12 Dec 2014 14:36:00 GMT
The deal, first announced last month, aims to merge the firms' mining and logistics businesses, easing a tense relationship following a failed expansion plan in an iron-ore partnership known as Namisa. Analysts said CSN may have been motivated to combine ...
United States Steel Bonds Trading 2.5% Higher (X) - WKRB NewsFri, 12 Dec 2014 00:45:55 GMT
Bidness ETC - WKRB NewsUnited States Steel logo An issue of United States Steel (NYSE:X) debt rose 2.5% against its face value during trading on Thursday, Analyst Ratings Network.com reports. The high-yield issue of debt has a 7.375% coupon and is set to mature on April 1, 2020.United States Steel Receives Consensus Recommendation of "Hold" from ...