Arcelormittal (MT) 15.03 $MT
Nucor (NUE) Buying Gallatin Steel in $770M Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 5:32PM CDT
Nucor (NUE) has agreed to buy Gallatin Steel Company from ArcelorMittal and Gerdau for roughly $770 million.
SmarTrend Watching for Potential Pullback in Shares of ArcelorMittal After 2.21% Gain
Comtex SmarTrend(R) - Wed Sep 17, 5:17PM CDT
ArcelorMittal (NYSE:MT) traded in a range yesterday that spanned from a low of $14.78 to a high of $15.05. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $14.60 on volume of 9.2 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 ArcelorMittal to Potentially Pullback after Yesterday's 2.21% Rise
Comtex SmarTrend(R) - Wed Sep 17, 5:17PM CDT
ArcelorMittal (NYSE:MT) traded in a range yesterday that spanned from a low of $14.78 to a high of $15.05. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $14.60 on volume of 9.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
U.S. Steel, Nucor Lead Sector Surge
at Investor's Business Daily - Wed Sep 17, 11:12AM CDT
The steel sector got a shot in the arm on strategic moves by U.S. Steel (X) and upbeat guidance from Nucor (NUE) amid strong sales by steel makers to auto, housing and industrial customers. Nucor early Wednesday guided for current quarter EPS of...
Gerdau S.A. to Sell 50% Interest in Gallatin Steel to Nucor - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 11:00AM CDT
Gerdau S.A. (GGB) has agreed to sell 50% interest in Gallatin Steel Company to Nucor Corporation (NUE). The news lifted the company's ADR price by 0.4% since Sep 15.
Metals and Mining Stocks Coverage - Cliffs Natural Resources, ArcelorMittal, Rio Tinto, BHP Billiton, and Teck Resources
PR Newswire - Tue Sep 16, 8:30AM CDT
The US markets on Monday, September 15 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,031.14, up 0.26% and the NASDAQ Composite closed at 4,518.90, down 1.07%. The S&P 500 finished the session 0.07% lower at 1,984.13. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 313.13, up 0.17%, with the index advancing 1.33% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cliffs Natural Resources Inc. (NYSE: CLF), ArcelorMittal (NYSE: MT), Rio Tinto PLC (NYSE: RIO), BHP Billiton Ltd (NYSE: BHP), and Teck Resources Ltd. (NYSE: TCK). Free research on these five companies can be accessed at:
Nucor's New Buy To Boost Flat-Rolled Capacity By 16%
at Investor's Business Daily - Mon Sep 15, 1:19PM CDT
Steel producer Nucor is acquiring a flat-rolled products mill for $770 million, expanding its footprint in the Midwest and boosting flat-rolled capacity by 16%. Nucor (NUE) is buying Kentucky-based Gallatin Steel from ArcelorMittal (MT) and Gerdau...
ArcelorMittal and Gerdau agree to sell Gallatin Steel for US$770m
Thomson Reuters ONE - Mon Sep 15, 7:26AM CDT
1430 CET
ArcelorMittal (MT) Exhibiting Steel Solutions at SMM 2014 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 10, 5:55PM CDT
ArcelorMittal (MT) showcases steel solutions at the SMM 2014 in Hamburg, Germany.
Is It Time to Buy United States Steel Stock?
Reuben Brewer, The Motley Fool - Motley Fool - Tue Sep 09, 1:12PM CDT
United States Steel posted losses of over $26.50 a share cumulatively between 2009 and 2013 , a stretch during which the company didn't manage a single year of black ink. The stock, meanwhile, is down over 75% since peaking in...
Sustain Our Great Lakes Program Announces $12 Million in Grants for Great Lakes Restoration
GlobeNewswire - Tue Sep 09, 10:00AM CDT
Today, Sustain Our Great Lakes partners announced 31 projects selected by the program to receive nearly $12 million in grant funding for ecological restoration in the Great Lakes basin. With a focus on improving the quality and connectivity of stream, wetland and coastal habitats, this investment will help protect, restore and enhance the ecological integrity of the Great Lakes and surrounding region. Grant recipients will match the new grant funding with an additional $11 million, for a total on-the-ground impact of $23 million.
Why ArcelorMittal (MT) Stock Is Gaining Today
at The Street - Tue Sep 09, 9:12AM CDT
ArcelorMittal (MT) shares are rising after being upgraded to 'outperform' from 'neutral' by analysts at Credit Suisse (CS) on Tuesday.
Upgrade Alert for ArcelorMittal (MT)
Comtex SmarTrend(R) - Tue Sep 09, 6:56AM CDT
ArcelorMittal (NYSE:MT) was upgraded from Neutral to Outperform at Credit Suisse today. The stock closed yesterday at $14.63 on volume of 4.8 million shares, above average daily volume of 4.4 million. In the past 52 weeks, ArcelorMittal share prices have been bracketed by a low of $13.47 and a high of $17.92 and closed yesterday at $14.63, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has slid 0.2%.
ArcelorMittal (MT) Ships Rebar for Panama Canal Project - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 08, 12:00PM CDT
Steel giant ArcelorMittal (MT) announced that it has shipped more than 192,000 tons of rebar for the Panama Canal expansion project.
ArcelortMittal (MT) Introduces Fortiform Automotive Steels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 12:00PM CDT
Steel giant, ArcelortMittal (MT) has introduced a new range of lightweight high-strength steels called Fortiform for the automotive sector.
Steel Dynamics Reinforces To Grow As Markets Pick Up
at Investor's Business Daily - Thu Aug 28, 5:14PM CDT
Steel Dynamics is on a roll, thanks to renewed demand for steel and its plan for a transformational acquisition that would expand its presence in the southern U.S., bolster its production capacity and broaden its exposure to growth industries. The...
China, U.S. Lifts Global Crude Steel Production in July - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 5:50PM CDT
Global crude steel production rose in July on gains across China and the U.S.
ArcelorMittal Set to Possibly Pullback After Yesterday's Rally of 4.85%
Comtex SmarTrend(R) - Tue Aug 26, 4:21PM CDT
ArcelorMittal (NYSE:MT) traded in a range yesterday that spanned from a low of $14.59 to a high of $14.79. Yesterday, the shares gained 4.9%, which took the trading range above the 3-day high of $14.15 on volume of 6.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Will This Upgrade Help ArcelorMittal (MT) Stock Today?
at The Street - Tue Aug 26, 8:21AM CDT
UBS upgrades ArcelorMittal (MT) to 'buy' from 'sell.'
Nucor (NUE) Buying Gallatin Steel in $770M Deal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 5:32PM CDT
Nucor (NUE) has agreed to buy Gallatin Steel Company from ArcelorMittal and Gerdau for roughly $770 million.
SmarTrend Watching for Potential Pullback in Shares of ArcelorMittal After 2.21% Gain
Comtex SmarTrend(R) - Wed Sep 17, 5:17PM CDT
ArcelorMittal (NYSE:MT) traded in a range yesterday that spanned from a low of $14.78 to a high of $15.05. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $14.60 on volume of 9.2 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 ArcelorMittal to Potentially Pullback after Yesterday's 2.21% Rise
Comtex SmarTrend(R) - Wed Sep 17, 5:17PM CDT
ArcelorMittal (NYSE:MT) traded in a range yesterday that spanned from a low of $14.78 to a high of $15.05. Yesterday, the shares gained 2.2%, which took the trading range above the 3-day high of $14.60 on volume of 9.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
U.S. Steel, Nucor Lead Sector Surge
at Investor's Business Daily - Wed Sep 17, 11:12AM CDT
The steel sector got a shot in the arm on strategic moves by U.S. Steel (X) and upbeat guidance from Nucor (NUE) amid strong sales by steel makers to auto, housing and industrial customers. Nucor early Wednesday guided for current quarter EPS of...
Gerdau S.A. to Sell 50% Interest in Gallatin Steel to Nucor - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 17, 11:00AM CDT
Gerdau S.A. (GGB) has agreed to sell 50% interest in Gallatin Steel Company to Nucor Corporation (NUE). The news lifted the company's ADR price by 0.4% since Sep 15.
Metals and Mining Stocks Coverage - Cliffs Natural Resources, ArcelorMittal, Rio Tinto, BHP Billiton, and Teck Resources
PR Newswire - Tue Sep 16, 8:30AM CDT
The US markets on Monday, September 15 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 17,031.14, up 0.26% and the NASDAQ Composite closed at 4,518.90, down 1.07%. The S&P 500 finished the session 0.07% lower at 1,984.13. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 313.13, up 0.17%, with the index advancing 1.33% in the previous three months. Investor-Edge has initiated coverage on the following equities: Cliffs Natural Resources Inc. (NYSE: CLF), ArcelorMittal (NYSE: MT), Rio Tinto PLC (NYSE: RIO), BHP Billiton Ltd (NYSE: BHP), and Teck Resources Ltd. (NYSE: TCK). Free research on these five companies can be accessed at:
Nucor's New Buy To Boost Flat-Rolled Capacity By 16%
at Investor's Business Daily - Mon Sep 15, 1:19PM CDT
Steel producer Nucor is acquiring a flat-rolled products mill for $770 million, expanding its footprint in the Midwest and boosting flat-rolled capacity by 16%. Nucor (NUE) is buying Kentucky-based Gallatin Steel from ArcelorMittal (MT) and Gerdau...
ArcelorMittal and Gerdau agree to sell Gallatin Steel for US$770m
Thomson Reuters ONE - Mon Sep 15, 7:26AM CDT
1430 CET
ArcelorMittal (MT) Exhibiting Steel Solutions at SMM 2014 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Sep 10, 5:55PM CDT
ArcelorMittal (MT) showcases steel solutions at the SMM 2014 in Hamburg, Germany.
Is It Time to Buy United States Steel Stock?
Reuben Brewer, The Motley Fool - Motley Fool - Tue Sep 09, 1:12PM CDT
United States Steel posted losses of over $26.50 a share cumulatively between 2009 and 2013 , a stretch during which the company didn't manage a single year of black ink. The stock, meanwhile, is down over 75% since peaking in...
Sustain Our Great Lakes Program Announces $12 Million in Grants for Great Lakes Restoration
GlobeNewswire - Tue Sep 09, 10:00AM CDT
Today, Sustain Our Great Lakes partners announced 31 projects selected by the program to receive nearly $12 million in grant funding for ecological restoration in the Great Lakes basin. With a focus on improving the quality and connectivity of stream, wetland and coastal habitats, this investment will help protect, restore and enhance the ecological integrity of the Great Lakes and surrounding region. Grant recipients will match the new grant funding with an additional $11 million, for a total on-the-ground impact of $23 million.
Why ArcelorMittal (MT) Stock Is Gaining Today
at The Street - Tue Sep 09, 9:12AM CDT
ArcelorMittal (MT) shares are rising after being upgraded to 'outperform' from 'neutral' by analysts at Credit Suisse (CS) on Tuesday.
Upgrade Alert for ArcelorMittal (MT)
Comtex SmarTrend(R) - Tue Sep 09, 6:56AM CDT
ArcelorMittal (NYSE:MT) was upgraded from Neutral to Outperform at Credit Suisse today. The stock closed yesterday at $14.63 on volume of 4.8 million shares, above average daily volume of 4.4 million. In the past 52 weeks, ArcelorMittal share prices have been bracketed by a low of $13.47 and a high of $17.92 and closed yesterday at $14.63, 9% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has slid 0.2%.
ArcelorMittal (MT) Ships Rebar for Panama Canal Project - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Sep 08, 12:00PM CDT
Steel giant ArcelorMittal (MT) announced that it has shipped more than 192,000 tons of rebar for the Panama Canal expansion project.
ArcelortMittal (MT) Introduces Fortiform Automotive Steels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 12:00PM CDT
Steel giant, ArcelortMittal (MT) has introduced a new range of lightweight high-strength steels called Fortiform for the automotive sector.
Steel Dynamics Reinforces To Grow As Markets Pick Up
at Investor's Business Daily - Thu Aug 28, 5:14PM CDT
Steel Dynamics is on a roll, thanks to renewed demand for steel and its plan for a transformational acquisition that would expand its presence in the southern U.S., bolster its production capacity and broaden its exposure to growth industries. The...
China, U.S. Lifts Global Crude Steel Production in July - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 5:50PM CDT
Global crude steel production rose in July on gains across China and the U.S.
ArcelorMittal Set to Possibly Pullback After Yesterday's Rally of 4.85%
Comtex SmarTrend(R) - Tue Aug 26, 4:21PM CDT
ArcelorMittal (NYSE:MT) traded in a range yesterday that spanned from a low of $14.59 to a high of $14.79. Yesterday, the shares gained 4.9%, which took the trading range above the 3-day high of $14.15 on volume of 6.7 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Will This Upgrade Help ArcelorMittal (MT) Stock Today?
at The Street - Tue Aug 26, 8:21AM CDT
UBS upgrades ArcelorMittal (MT) to 'buy' from 'sell.'
