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Stock Market & Financial Investment News

News Breaks
March 26, 2014
06:22 EDTAKS, MT, STLD, XU.S. steelmakers push for punitive duties on South Korean rivals, WSJ reports
U.S. steelmakers are pushing lawmakers to punish South Korean competitors for selling lucrative steel products at "unfair" prices, reports the Wall Street Journal. The U.S. companies say the current lack of punitive duties on the South Korean firms is hurting them and are asking the Obama administration to take a closer look at potential dumping by the country before the Commerce Department issues a final ruling on July 14. Reference Link
News For X;MT;AKS;STLD From The Last 14 Days
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March 3, 2015
10:01 EDTX, AKSOn The Fly: Analyst Downgrade Summary
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06:20 EDTXU.S. Steel downgraded to Neutral from Buy at Nomura
Nomura believes U.S dollar strength and cost curve deflation driven by lower raw material prices and freight rates will continue to alter the global steel landscape. The firm expects continued export pressure by Russia and China into the global market to be highly disruptive, and when combined with further U.S. dollar strength, to pressure the U.S. steel sector. As a result, Nomura downgraded U.S. Steel (X) to Neutral and lowered its price target to $21 from $37.
06:20 EDTAKSAK Steel downgraded to Neutral from Buy at Nomura
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March 2, 2015
11:42 EDTMTArcelorMittal files automatic mixed securities shelf
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09:23 EDTAKS, STLD, XBofA/Merrill U.S. metals/mining analysts hold analyst/industry conference call
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February 23, 2015
13:01 EDTAKSAK Steel to build research and innovation center in Middletown, Ohio
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07:45 EDTSTLDSteel Dynamics remains a Best Idea at Morgan Stanley
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