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Stock Market & Financial Investment News

News Breaks
July 3, 2013
07:05 EDTNUE, STLD, CMC, XKeyBanc 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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November 18, 2014
13:28 EDTXIron ore, steel stocks lower after iron ore prices, China home prices decline
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06:34 EDTSTLDSteel Dynamics initiated with an Outperform at BMO Capital
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06:33 EDTXU.S. Steel initiated with a Market Perform at BMO Capital
Target $43.
06:33 EDTNUENucor initiated with a Market Perform at BMO Capital
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November 10, 2014
15:53 EDTNUENucor announces equipment failure at Nucor Steel Louisiana in St. James Parish
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09:35 EDTXActive equity options trading
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09:20 EDTNUENucor unlikely to partner on Cliffs Natural asset, says Bernstein
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