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Stock Market & Financial Investment News

News Breaks
November 6, 2012
10:11 EDTSCHN, AKS, STLD, XSteel makers rise after AK Steel announces price hike
A number of steel companies are advancing after AK Steel (AKS) announced last night that it would increase the price of all carbon steel products by $50 per ton. The increase will be implemented immediately on all new orders, the company said. In early trading, AK Steel climbed 3.38% to $5.50, United States Steel (X) rose 3.60% to $21.89, Schnitzer Steel (SCHN) added 1.67% to $29.80 and Steel Dynamics (STLD) gained 2.78% to $13.68.
News For AKS;X;STLD;SCHN From The Last 14 Days
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April 15, 2014
12:51 EDTAKSAK Steel boosts stainless steel prices
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April 9, 2014
10:02 EDTXBofA/Merrill's US autos/auto parts analyst has analyst/industry conference call
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07:48 EDTAKS, X, STLD, SCHNBofA/Merrill's steel analysts hold an analyst/industry conference call
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April 7, 2014
16:42 EDTAKSAK Steel announces price increase for hot roll carbon steel
AK Steel said that it will increase the current spot market base price for its hot roll carbon steel to a minimum of $700 per ton, effective immediately with new orders.
April 3, 2014
12:21 EDTSCHNSchnitzer Steel sees emerging market infrastructure spending doubling by 2017
The company expects emerging market infrastructure spending to double from 2012 levels by 2017, which should be a driver for improving long-term demand for scrap and finished steel products. Says beginning to see recovery of West Coast construction market. Says has three major strategic initiatives underway: productivity improvements, accelerating returns on 2013 investments, and expanding the synergies between the metals recycling and auto parts businesses. Comments from company's Q2 earnings conference call.
11:31 EDTSCHNSchnitzer Steel expects demand for steel in emerging markets to continue
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08:34 EDTSCHNSchnitzer Steel sees FY14 tax rate approximately 39%
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08:33 EDTSCHNSchnitzer Steel reports Q2 adjusted EPS 13c, consensus 7c
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07:01 EDTXU.S. Steel names David Britten to newly created position of CTO
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April 2, 2014
15:30 EDTSCHNNotable companies reporting before tomorrow's open
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