Severstal sells its U.S. plants
at Investor's Business Daily - Mon Jul 21, 5:37PM CDT
Russia's OAO Severstal let go of its U.S. steel plants in separate deals to AK Steel (AKS) and Steel Dynamics (STLD). AK Steel acquired Severstal Dearborn in Mich. for $700 mil, while Steel Dynamics bought Severstal Columbus in Miss. for about $1.63...
Most active New York Stock Exchange-traded stocks
AP - Mon Jul 21, 5:03PM CDT
NEW YORK (AP) — A look at New York Stock Exchange 10 most-active stocks at the close of trading:
Business Highlights
By The Associated Press - AP - Mon Jul 21, 5:03PM CDT
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Stock Market Today: Markets Recover From Session Lows, Geopolitical Wariness Remains
at The Street - Mon Jul 21, 3:16PM CDT
U.S. stock markets remain lower but recover from deep losses suffered over the morning session.
Russia Retreats From U.S. as Sanctions Begin to Bite
Rich Smith, The Motley Fool - Motley Fool - Mon Jul 21, 11:45AM CDT
Rouge Steel Works -- with Severstal's exit, it's back in American hands once more. Photo: Wikimedia Commons Spooked by U.S. sanctions , is Russia ready to abandon the American market before things get worse? Over the past several months, the...
The U.S. Steel Industry Faces an Uncertain Future
Rupert Hargreaves, The Motley Fool - Motley Fool - Mon Jul 21, 11:35AM CDT
The last week has been a turbulent one for U.S. Steel , AK Steel , and Steel Dynamics . These three companies, and indeed the wider U.S. steel industry in general, have been buffeted by a barrage of news regarding import tariffs. The good...
Stock Market Today: Geopolitical Tensions Hang Heavy Over Stocks
at The Street - Mon Jul 21, 11:14AM CDT
Major U.S. indices are dipping Monday but the S&P 500 still sits near all-time highs.
Why AK Steel (AKS) Stock Is Down Today
at The Street - Mon Jul 21, 9:40AM CDT
AK Steel (AKS) fell Monday after it purchased one of Russian steel manufacturer Severstal's U.S. subsidiaries called Severstal Dearborn.
Severstal Unrolls Plants To Steel Dynamics, AK Steel
at Investor's Business Daily - Mon Jul 21, 9:14AM CDT
Russian steel maker OAO Severstal agreed to sell its U.S. steel plants, known as Severstal North America, in separate deals to Steel Dynamics (STLD) and AK Steel (AKS) for a total of $2.3 billion. AK Steel said it will acquire Michigan-based...
Severstal Sells U.S. Steel Plants for $2.3B
at The Street - Mon Jul 21, 8:20AM CDT
Russia's Severstal said Monday it has agreed to sell its Dearborn and Columbus steel plants for $2.33 billion in cash.
Stock Market Today: Futures Dip as Geopolitical Tensions Spike
at The Street - Mon Jul 21, 8:07AM CDT
Stock futures are dipping Monday but the S&P 500 still sits near all-time highs.
Russia's Severstal selling US plants for $2.3B
AP - Mon Jul 21, 8:30AM CDT
NEW YORK (AP) — Russian steel company Severstal is exiting the U.S. market, selling a pair of steel plants to AK Steel and Steel Dynamics for about $2.33 billion.
July 21 Premarket Briefing: 10 Things You Should Know
at The Street - Mon Jul 21, 5:20AM CDT
U.S. stock futures are flat; Netflix and Chipotle Mexical Grill to report earnings; McDonald's and Yum! are in a new food scandal in China.
AK Steel To Acquire Severstal Dearborn
PR Newswire - Mon Jul 21, 1:00AM CDT
AK Steel (NYSE: AKS) said today that it has signed an agreement to acquire Severstal North America's integrated steelmaking assets located in Dearborn, Michigan for $700 million in cash. The acquisition also includes a cokemaking facility and interests in three joint ventures that process flat-rolled steel products.
AK Steel Holding Set to Possibly Pullback After Yesterday's Rally of 4.00%
Comtex SmarTrend(R) - Fri Jul 18, 4:51PM CDT
AK Steel Holding (NYSE:AKS) traded in a range yesterday that spanned from a low of $8.43 to a high of $8.93. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $8.70 on volume of 7.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Look for Shares of AK Steel Holding to Potentially Pullback after Yesterday's 4.00% Rise
Comtex SmarTrend(R) - Fri Jul 18, 4:51PM CDT
AK Steel Holding (NYSE:AKS) traded in a range yesterday that spanned from a low of $8.43 to a high of $8.93. Yesterday, the shares gained 4.0%, which took the trading range above the 3-day high of $8.70 on volume of 7.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Electrical Steel Producers Support Commerce Department Findings in Trade Case
PR Newswire - Thu Jul 17, 6:15PM CDT
The U.S. Department of Commerce today issued its final antidumping determinations concerning imports of grain-oriented silicon steel (GOES) from Germany, Japan, and Poland. None of the foreign producers in the three countries participated in the Commerce Department's proceedings, and as a result the Commerce Department relied on "total adverse facts available" in assigning preliminary dumping margins to producers in each of the countries. Following the Department's issuance of its preliminary determinations in May, the Japanese and German producers requested that the Department fully extend the deadline for issuing its determinations into September. The US petitioners in the case opposed the requests, urging the Commerce Department to act promptly.
19.5% Return Seen to Date on SmarTrend AK Steel Holding Call (AKS)
Comtex SmarTrend(R) - Tue Jul 15, 11:08AM CDT
SmarTrend identified an Uptrend for AK Steel Holding (NYSE:AKS) on June 16th, 2014 at $6.84. In approximately 4 weeks, AK Steel Holding has returned 19.52% as of today's recent price of $8.18.
WTO Ruling Lifts SolarCity, Slams U.S. Steelmakers
at Investor's Business Daily - Mon Jul 14, 2:25PM CDT
Domestic steel producers could face renewed price competition from China. The World Trade Organization has found that U.S. tariffs violated global trade rules, while solar-panel installer SolarCity (SCTY) could pay lower prices for Chinese products....