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News Breaks | | | | February 1, 2013 | | 06:04 EDT |  | MT, NUE, X, AKS, DOW | Cheap gas energizing parts of U.S. economy, WSJ reports
With natural gas suddenly plentiful and relatively cheap in the U.S. due to hydraulic fracturing technology, or fracking, U.S. manufacturing is beginning to pick up again, reports the Wall Street Journal. For example, back in 2004, steelmaker Nucor Corp. (NUE) bought a plant next to Louisiana wetlands, took it apart and shipped it to Trinidad on ocean barges because gas is cheap there.This summer, after almost two years of construction, it will open the same type of plant at the same site at a cost of $750M because natural gas, which is critical to these Nucor plants, is cheap here. Lower-priced natural gas has energized many parts of the country and the economy, including chemical and fertilizer companies, which say lower prices have reduced costs and made the U.S. a more competitive manufacturing location. Reference Link | |
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News For NUE;DOW;X;MT;AKS From The Last 14 Days Check below for free stories on NUE;DOW;X;MT;AKS the last two weeks. |
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| May 20, 2013 | | 08:04 EDT |  | DOW | BofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
 Subscribe for More Information | | | 07:58 EDT | | NUE | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. | | | May 16, 2013 | | 08:08 EDT |  | DOW | Dow Chemical's Enlist Duo Herbicide approved for use in Canada
Dow Chemical's wholly owned subsidiary Dow AgroSciences announced that Health Canada’s Pest Management Regulatory Agency has approved Enlist Duo herbicide with Colex-D Technology for use in Canada. This approval, which makes Canada the first nation to authorize this herbicide, is a milestone for the company’s Enlist Weed Control System. | | | 06:15 EDT | | DOW | Dow ordered to pay $1.2B in urethane price-fixing case, Bloomberg reports
Subscribe for More Information | | | May 15, 2013 | | 07:33 EDT | | DOW | National Association of Business Economics to hos a conference
Subscribe for More Information | | | May 13, 2013 | | 08:26 EDT | | MT | ArcelorMittal calls for protection from Chinese competition, FT says
The chairman of ArcelorMittal, Lakshmi Mittal, has urged Europe to consider applying higher tariffs on imports of Chinese-produced steel, or for a surcharge on imported steel from "countries where environmental standards are very low,” according to Financial Times. Reference Link | | | May 10, 2013 | | 10:13 EDT |  | MT | ArcelorMittal gaps up after Q1 report, guidance, levels to watch
The shares are up over 5% at time of writing to $13.22. At that price, next resistance is at $13.75. Support is at $13.03. | | | 08:57 EDT | | MT | ArcelorMittal backs guidance for FY13 EBITDA above $7.1B
Subscribe for More Information | | | 08:55 EDT |  | MT | ArcelorMittal reports Q1 revenue $19.75B, one estimate $20.86B.
Subscribe for More Information | | | May 8, 2013 | | 16:00 EDT |  | X | Options Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. | | | | 08:36 EDT | | AKS | Wells Fargo to host a conference
2013 Industrial and Construction Conference is being held in New York on May 8-9 with webcasted company presentations to begin on May 8 at 8:55 am; not all company presentations may be webcasted. Webcast Link | | | 07:39 EDT |  | DOW | W.R. Grace a natural buyer of Dow polypropylene assets, says Piper Jaffray
After visiting W.R. Grace's (GRA) headquarters, Piper Jaffray raised its price target for shares to $95 from $90 and keeps an Overweight rating on the stock. Piper views Grace as a natural buyer of the Dow Chemical (DOW) polypropylene catalyst assets that are coming on the market over the next 4-6 weeks. | | | May 7, 2013 | | 09:10 EDT | | DOW | Dow Chemical confirms receipt of $2.2B in cash proceeds from PIC
The Dow Chemical Company announced that it has completed final resolution of the K-Dow arbitration with Petrochemical Industries Company of Kuwait, and confirms that Dow has received a direct cash payment of $2.2B from PIC. Payment reflects the full damages awarded by the International Chamber of Commerce, as well as recovery of Dow’s costs. | | | 09:03 EDT | | DOW | Dow AgroSciences receives U.S. EPA registration for sulfoxaflor
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company, announced that U.S. regulatory authorities have approved the new insecticidal active ingredient, sulfoxaflor to be marketed in the U.S. as Transform and Closer. The U.S. registration, and the recent Canadian registration, are the result of a Global Joint Review which also includes Australia. Australian sulfoxaflor registration is expected by third quarter 2013. South Korea, Panama, Vietnam, Indonesia, and Guatemala have already registered sulfoxaflor and additional global registrations are expected in the near future. | | | May 6, 2013 | | 08:30 EDT | | DOW | LyondellBasell and Dow have upside form lower ethane costs, says Morgan Stanley
Subscribe for More Information | | | 05:56 EDT | | DOW | U.S. natural gas exports helped by geopolitical debate, WSJ reports
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