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News Breaks | | | | March 14, 2013 | | 13:26 EDT |  | X, AA, MT | Steelmakers stay competitive in autos with lighter 'new steel,' Reuters says
In the quest for lighter more fuel efficient vehicles, steel makers are now defending themselves against lighter aluminum with 'new' lighter steel products, says Reuters. Aluminum, however, is set for more gains in the U.S. as vehicle makers look to lighten up SUVs and pick-ups. Reference Link | |
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News For X;MT;AA From The Last 14 Days Check below for free stories on X;MT;AA the last two weeks. |
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| May 24, 2013 | | 09:35 EDT |  | MT, X | Steel 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 20, 2013 | | 07:58 EDT |  | AA | 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 | | 11:18 EDT |  | AA | Alcoa postponing construction of new potline at its Baie-Comeau smelter
 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 | | | 07:41 EDT | | AA | Alcoa price target lowered to $6 from $8 at CLSA
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