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Stock Market & Financial Investment News

News Breaks
January 30, 2013
08:43 EDTAKSAK Steel upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded AK Steel due to better cost controls. Price target remains $4.50.
News For AKS From The Last 14 Days
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May 24, 2013
09:35 EDTAKSSteel price increase unlikely to stick, says Credit Suisse
After steel companies AK Steel (AKS), US Steel (X) and ArcelorMittal (MT) announced price increases, Credit Suisse thinks the full price hike is unlikely to stick. The firm believes that the sector's fundamentals suggest that steel stocks are likely to remain range bound this summer. However, the firm predicts that stronger demand trends are likely to drive steel stocks higher in the early fall.
May 23, 2013
14:51 EDTAKSAK Steel announces price increase for carbon steel products
AK Steel said that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $50 per ton, effective immediately with new orders.

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