Analyst reports - steel industry - latest news headlines.

Steel Company News - Analyst Reports [more headlines]

Business comments and industry reports

Shandong : Q1-Q3 Losses Expanded
Fri, 31 Oct 2014 03:51:00 GMT
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 ...

Top 4 Mid-Cap Stocks In The Steel & Iron Industry With The Highest ...
Fri, 31 Oct 2014 03:09:14 GMT
Below are the top mid-cap steel & iron stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Ternium S.A. is 5.80%.

Iron ore to hit $US70, says Morningstar
Thu, 30 Oct 2014 22:03:04 GMT
Analysts at research house Morningstar have become the latest to significantly lower their iron ore forecasts, flagging there's more pain to come for local miners.

Business › Japan's top steelmaker says half-year profit down ...
Thu, 30 Oct 2014 20:58:12 GMT
Nippon Steel & Sumitomo Metal, one of the world's biggest steelmakers, said on Thursday that its half-year profit slipped 2.9%, as it pointed to still-high production by Chinese mills.The firm's net profit in the April-September period fell to 112.2 billion yen, saying its net profit a year earlier was…

Nippon Steel H1 profit inches up on low iron ore costs
Thu, 30 Oct 2014 07:20:18 GMT
Nippon Steel & Sumitomo Metal Corp , Japan's biggest steelmaker, said on Thursday its first-half recurring profit rose 1.5 percent as lower material costs boosted margins and offset appraisal losses on its high-priced stockpiles. The world's No.2 steelmaker by output stuck to its full-year forecast of 400 billion yen in recurring profit, which is pre-tax before one-off items, compared with the 403.77 billion yen mean estimate of 16 analysts polled by Thomson Reuters I/B/E/S.

Sangang Minguang sees lower operating revenue in Jan-Sept
Thu, 30 Oct 2014 06:01:00 GMT
Fujian Province-based Chinese steelmaker Sangang Minguang Co. Ltd has announced a net loss of RMB 18.9484 million ($3.09 million) for the January-September period of the current year, compared to a net loss of RMB 13.4277 million in the same period of 2013 ...

Turkey-based Erdemirs net profit up 58 percent in January-September
Thu, 30 Oct 2014 06:01:00 GMT
Turkish integrated steelmaker Erdemir has announced a net profit of TRY 437.3 million ($197.2 million) for the third quarter of the current year, increasing by 95.6 percent year on year, while the company's sales revenues amounted to TRY 2.95 billion ($1 ...

Canam shares plunge after it missed expectations with slight Q3 earnings ...
Thu, 30 Oct 2014 03:36:30 GMT
Structural steel fabricator Canam Group insists it didn't have a bad third quarter even though missed expectations on earnings sent its share price plunging on Wednesday. Trust me, we've seen bad quarters and this isn't one of them, CEO Marc Dutil told analysts during a conference call.

Wed, 29 Oct 2014 16:03:00 GMT
In August, QPR Software announced that Erdemir Group, one of the largest steel producers in the world and one of the largest industrial enterprises in Turkey, has selected QPR Software and Ironman Consulting, QPR's reseller in Turkey, as solution ...

Cliffs: Koolyanobbing mine profitable
Wed, 29 Oct 2014 13:48:04 GMT
Cliffs says the market has not appreciated the amount of capital the big miners will need to expand their iron ore exports.

Cliffs: Koolyanobbing mine profitable
Wed, 29 Oct 2014 13:48:04 GMT
Cliffs says the market has not appreciated the amount of capital the big miners will need to expand their iron ore exports.

Schnitzer Steel Industries (SCHN) Releases Quarterly Earnings, Beats ...
Wed, 29 Oct 2014 13:38:00 GMT
Schnitzer Steel Industries (NASDAQ:SCHN) posted its quarterly earnings results on Tuesday. The company reported $0.33 earnings per share for the quarter, beating the analysts consensus estimate of $0.31 by $0.02, AR Network reports. The company had ...

If you have a steel industry news item or company press release that you would like us to publish above and distribute without restrictions concerning syndication and reuse, then please contact