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Stock Market & Financial Investment News

News Breaks
July 3, 2013
07:05 EDTSTLD, CMC, X, NUEKeyBanc would not be short Steel sector short-term following OCTG petition
Yesterday, numerous domestic carbon tube producers filed a petition with the U.S. Department of Commerce and the International Trade Commissions seeking anti-dumping relief of certain oil country tubular goods, or OCTG, from nine countries. KeyBanc said the petition is a broad positive in regards of industry sentiment, especially for Hold rated U.S. Steel, and could result in other carbon-based product producers to seek protectionist measures if the petition is found to cause injury. The analyst remains selective on Carbon Steel names but would not be short the Steel sector short-term given the potential outcomes of the petition.
News For X;STLD;NUE;CMC From The Last 14 Days
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April 16, 2014
18:03 EDTSTLDSteel Dynamics reports Q1 EPS 17c, consensus 16c
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April 9, 2014
10:02 EDTXBofA/Merrill's US autos/auto parts analyst has analyst/industry conference call
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07:48 EDTCMC, NUE, STLD, XBofA/Merrill's steel analysts hold an analyst/industry conference call
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April 3, 2014
07:01 EDTXU.S. Steel names David Britten to newly created position of CTO
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