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Stock Market & Financial Investment News

News Breaks
November 13, 2012
06:53 EDTAKSAK Steel now expects shipments of approximately 1.375M to 1.40M tons in Q4
This compares to shipments of 1,363,500 tons in Q3 of 2012. The company said it expects that its average selling price for all products for Q4 of 2012 will decline by approximately 5% from its average selling price of $1,073 per ton for Q3 of 2012. This reduction in average selling price is largely the result of two factors: lower average spot market prices for carbon steel products compared to the third quarter, due primarily to a decline in global economic and business conditions; and reduced raw material surcharges, due to lower raw material costs.
News For AKS From The Last 14 Days
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September 19, 2014
07:30 EDTAKSRussia's top steelmaker weighs IPO of North American arm, WSJ says
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September 18, 2014
07:17 EDTAKSAK Steel reinstated with an Underperform at Credit Suisse
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September 17, 2014
12:08 EDTAKSSteel stocks rally as U.S. Steel, Nucor provide improved outlooks
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09:10 EDTAKSOn The Fly: Pre-market Movers
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September 16, 2014
14:34 EDTAKSAK Steel sees Severstal Dearborn acquisition accretive to earnings
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September 11, 2014
08:04 EDTAKSAK Steel 35M share Secondary priced at $9.00
BofA/Merrill, Credit Suisse and JPMorgan acted as joint book running managers for the offering.
September 8, 2014
06:51 EDTAKSAK Steel files to sell 35M shares of common stock
The joint book-running managers for the common stock offering are BofA Merrill Lynch, Credit Suisse and J.P. Morgan. The joint book-running managers for the notes offering are Credit Suisse, Citigroup and J.P. Morgan.

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