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Stock Market & Financial Investment News

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January 29, 2013
15:24 EDTXU.S. Steel expects slightly higher scrap and natural gas costs for 2013
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May 24, 2013
09:35 EDTXSteel 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.

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