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Stock Market & Financial Investment News

News Breaks
July 6, 2013
14:57 EDTAKS, XSudden acceleration of steel prices concerns buyers, WSJ says
Due to a few unforeseen events, steel prices have ticked up in recent weeks leaving buyers of the metal concerned on pricing and inventory, says the Wall Street Journal. Mechanical issues in Ohio and Brazil, along with a worker lockout in Ontario, have taken 4% of the U.S steel supply off the market in the last few months, added the WSJ. Reference Link
News For AKS;X From The Last 14 Days
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July 25, 2014
07:11 EDTXUS Steel August weekly volatility elevated into Q2 and demand outlook
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July 21, 2014
06:56 EDTAKSAK Steel to host conference call
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05:18 EDTAKSAK Steel to acquire Severstal Dearborn for $700M cash
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July 20, 2014
13:15 EDTAKSSeverstal close to U.S. plant sales to Steel Dynamics, AK Steel, Bloomberg says
Russian steelmaker OAO Severstal is set to sell two U.S plants to Steel Dynamics (STLD) and AK Steel (AKS) in a deal that may value the assets at just over $2B, says Bloomberg. Reference Link
July 14, 2014
11:16 EDTAKS, XWTO finds U.S. violates trade rules with tariffs on Chinese steel, solar panels
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