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Stock Market & Financial Investment News

News Breaks
February 19, 2014
08:24 EDTAKS, NWPX, X, STLDU.S. Steel disappointed Korea escapes pipe-dumping duties, Tribune-Review says
The Department of Commerce did not impose anti-dumping duties on oil and natural gas pipe products from South Korea in a trade case filed by U.S. Steel (X) and other producers, reported The Pittsburgh Tribune-Review. Commerce's preliminary decision imposes high duties only on India, and small levies on other nations, though Korea is the largest exporter among nine nations targeted. A U.S. Steel spokeswoman said, “We are disappointed by the preliminary determinations at the Department of Commerce and by its failure to deal with important issues at this stage of the investigations. Having said that, the determinations do confirm the existence of large-scale dumping in this market — something that has caused extensive injury to the domestic industry. When all of the facts come to light, we are confident that we will prevail with respect to all countries and exporters in the final determinations.” Shares of Northwest Pipe (NWPX), which manufacturers high-pressure steel pipeline systems, are down 1.25% in pre-market trading, while shares of U.S. Steel are down 3.9% and AK Steel (AKS) shares are down 1.5%. Another U.S. steelmaker is Steel Dynamics (STLD).
News For X;AKS;STLD;NWPX From The Last 14 Days
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December 18, 2014
09:21 EDTAKSOn The Fly: Pre-market Movers
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December 17, 2014
18:34 EDTAKSOn The Fly: After Hours Movers
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18:02 EDTSTLDSteel Dynamics sees Q4 EPS ex-items 38c-42c, consensus 45c
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16:46 EDTAKSAK Steel up 6% after better than expected Q4 outlook
16:32 EDTAKSAK Steel sees Q4 EPS 5c-10c, consensus 4c
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December 12, 2014
08:45 EDTAKSUSW members ratify labor agreement for AK Steel's Ashland Works
AK Steel said that members of United Steelworkers Local 1865 have ratified a new 42-month labor agreement covering more than 800 hourly production and maintenance employees at the company's Ashland, Kentucky Works. The new agreement will take effect following expiration of the existing contract on March 1, 2015. The new agreement will expire on September 1, 2018.
December 9, 2014
09:38 EDTXActive equity options trading
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