Kobe Steel Spons ADR (KBSTY) 9.6500 $KBSTY
Mechel OAO (MTL) Extends Raiffeisenbank Credit Lines - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 06, 9:50AM CDT
Russian mining company, Mechel OAO (MTL) announced that its subsidiary, Yakutugol Holding Company OAO, has inked a deal with Raiffeisenbank AO to extend the maturity of active credit lines amounting to $30 million till Feb 2016.
FSTR: 45.00 (unch), MTL: 1.28 (-0.07)
U.S. Steel to Idle Minntac Iron Ore Plant, Shares Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 01, 1:50PM CDT
U.S. Steel (X) will temporarily idle a part of its Minnesota Ore Operations at the Minntac plant to adjust production.
FSTR: 45.00 (unch), X: 24.72 (-0.40)
Allegheny Upgraded to Hold on Business Expansion Plans - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 27, 9:30AM CDT
On Mar 26, Zacks Investment Research upgraded Allegheny Technologies Inc. (ATI) to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell).
ATI: 30.17 (+0.04), FSTR: 45.00 (unch)
U.S. Steel Plans to Consolidate Flat-Rolled Operations - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 26, 11:20AM CDT
U. S. Steel Corporation (X) announced that it will consolidate its North American flat-rolled operations and temporarily halt its operations at Granite City, IL, due to challenging market conditions.
FSTR: 45.00 (unch), X: 24.72 (-0.40)
Global and China Aluminum Heat Transfer Composites Industry Report 2015
M2 - Tue Mar 24, 7:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2ncjcw/global_and_china) has announced the addition of the "Global and China Aluminum Heat Transfer Composites Industry Report, 2014-2017" report to their offering. Aluminum heat transfer composites (aluminum sheet, strip, and foil, etc.) are mainly used in heat exchange systems of automobiles, home appliances, and machinery and equipment as well as air-cooling systems of thermal power stations. Fuelled by the downstream sectors, the global output of aluminum heat transfer compositespresented an AAGR of 6.1% during 2006-2014, and reached 1.38 million tons in 2014, up 4.5% year on year, a drop of 1.1 percentage points from 2013. As one of the world's major consumers of aluminum heat transfer composites, China had a demand of approximately 591.9 kt in 2014, which was mainly attributed to the growth in demand from industries like automotive lightweightas well as machinery and equipment. It is predicated that by 2017 China's demand for aluminum heat transfer composites will reach 850 kt. At present, aluminum heat transfer composites manufacturers in China are mainly the foreign-funded companies or joint-ventures, which contributed more than 60% of the total capacity in China. By contrast, the Chinese enterprises, restricted by some factors like technology, have a small scale, thereby making them less competitive. Granges, Orkla's wholly-owned subsidiary that specializes in aluminum heat transfer composites business, now has achieved the capacity of 210 kt/a aluminum heat transfer composites. Granges Aluminum Heat Transfer (Shanghai) Co., Ltd., a production base of Granges in China, has the annual capacity of 120kt; in future, the company will plan to construct its second factory in China. Novelis is a majoraluminum heat transfer composites manufacturer in the United States. In October 2014, the company's first automotive aluminum heat treatmentmanufactory in China was completed and put into operation, with its capacity of 120 kt/a. Huafon Nikkei, a Sino-Japanese joint venture, is so far the largest aluminum heat transfer composites manufacturer by capacity in China. In late 2014, the company's 50 kt/a civilair-conditioning aluminum alloy composites project (phase II) went into operation, which helped raise its total capacity of aluminum heat transfer composites to 130 kt/a. As the largest aluminum-based multi-metal composites manufacturer in China, Yinbang boasts the capacity of 20 kt/a aluminum-based multi-metal composites. The company's 200 kt/a aluminum-based laminated metal composites expansion project will be put into production in September 2015, when its aluminum-based multi-metal composites capacity will amount to 50 kt/a. Key Topics Covered: 1 Overview of Aluminum Heat Transfer Composites 2 Status Quo of Global Aluminum Heat Transfer Composites Industry 3 Status Quo of China's Aluminum Heat Transfer Composites Industry 4 Major Downstream Demand for Aluminum Heat Transfer Composites in China 5 Global Aluminum Heat Transfer Composites Manufacturers 6 Aluminum Heat Transfer Composites Manufacturers in China 7 Conclusion and Forecast Companies Mentioned - ALCOA - Wickeder - Granges (Sapa Heat Transfer) - Granges Aluminum Heat Transfer (Shanghai) Co., Ltd. - Norsk Hydro - Aleris - Novelis - Kobe Steel - Yinbang Clad Material - Jiangsu ALCHA Aluminium Co., Ltd. - Northeast Light Alloy Co., Ltd. - Southwest Aluminum (Group) Co., Ltd. - Huafon Nikkei Aluminium Corporation - Nantong Hua Te Aluminum Heat Transfer Co., Ltd. - Jiangsu Caifa Aluminum Co., Ltd. - Weifang Sanyuan Aluminum Co., Ltd. - Nantong Hengxiu Aluminum Heat Transfer Material Co., Ltd. - Harbin Song Run Metal Products Co., Ltd. - Changsha Zhongxing New Material Co., Ltd. - Shanghai Saxin Automotive Heat Transfer Material Co., Ltd. - Wuxi Guanyun Aluminum Co., Ltd. - Zhenjiang Yuanlong Aluminum Co., Ltd. For more information visit http://www.researchandmarkets.com/research/2n..._and_china
U.S. Steel (X) Invests in 2 Alabama Projects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 23, 3:58PM CDT
United States Steel Corporation (X) announced that it has invested in two capital projects worth $277.5 million.
NUE: 48.22 (+0.43), X: 24.72 (-0.40)
Nucor (NUE) Shares Decline 6.4% after Q1 Guidance Cut - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 23, 1:20PM CDT
Nucor (NUE) slashed its first quarter 2015 guidance owing to higher levels of imports and challenging energy markets.
SID: 1.77 (+0.01), NUE: 48.22 (+0.43)
AK Steel Sees Loss in Q1 on Higher Imports, Shares Sag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 20, 11:00AM CDT
AK Steel (AKS) expects to post a loss in first-quarter 2015 on increased unfairly traded imports.
SID: 1.77 (+0.01), AKS: 4.60 (+0.03)
Nucor (NUE) Falls: Stock Goes Down 6.4% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 20, 7:56AM CDT
Nucor saw a big move last session, as the company’s shares fell by 6% and the stock was trading within the volatile range of $46.17–$49.27 showed a sharp decline yesterday at $46.10
NUE: 48.22 (+0.43)
Valmont (VMI) Faces Challenges in Irrigation, Utility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 18, 11:00AM CDT
We have issued an updated research report on steel pipe and tube company Valmont Industries (VMI).
SID: 1.77 (+0.01), VMI: 120.94 (-0.18)
Steel Dynamics Sees Lower Q1 Earnings as Shipments Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 18, 10:50AM CDT
Steel Dynamics (STLD) has issued its earnings guidance for first-quarter 2015.
STLD: 20.61 (-0.09), SID: 1.77 (+0.01)
Steel Dynamics (STLD) Repays Senior Notes Due 2020 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 17, 1:20PM CDT
Steel Dynamics (STLD) has declared full redemption of its outstanding 7 5/8% of Senior Notes due 2020.
STLD: 20.61 (-0.09), SID: 1.77 (+0.01)
LB Foster Rides on Inorganic Growth Trajectory with IOS Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 16, 2:10PM CDT
LB Foster Co. (FSTR), the premium business service providing company, recently fortified its Energy Services segment by securing the buyout deal of Inspection Oilfield Services ("IOS"
.
SID: 1.77 (+0.01), FSTR: 45.00 (unch)
Gerdau Set to Leverage Rising Steel Demand, Runs Risks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 16, 2:00PM CDT
On Mar 13, 2015, we issued an updated research report on Gerdau S.A. (GGB). A leading Brazilian steel maker, the company's operations span over South America, North America, Europe and Asia.
SID: 1.77 (+0.01), GGB: 3.13 (-0.05)
U.S. Steel to Idle Keetac Operations for Production Adjustment - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 13, 5:11PM CDT
U.S. Steel (X) is temporarily idling production in its Keetac plant to adjust steel production.
X: 24.72 (-0.40)
Companhia Siderurgica Posts Q4 Earnings as Expenses Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 13, 8:50AM CDT
Companhia Siderurgica Nacional (SID) or CSN reported net earnings of R$67 million (US$26.4 million) in fourth-quarter 2014, an improvement over loss of R$487.1 million (US$207.3 million) incurred in the year-ago quarter.
SID: 1.77 (+0.01), OSN: 0.76 (+0.02)
A.M. Castle Inks 10-Year Agreement with Stelia Aerospace - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 4:48PM CDT
A.M. Castle & Co. (CAS) announced that its subsidiary Castle Metals France has inked a ten-year agreement with Stelia Aerospace. Aerolia and Sogerma -- subsidiaries of Airbus Group -- merged into Stelia Aerospace in Jan 2015.
NOR: 3.22 (-0.07), CAS: 3.72 (-0.15)
Steel Dynamics (STLD) Hikes Quarterly Dividend 20% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 4:42PM CDT
Steel Dynamics, Inc.'s (STLD) board has approved a hike in its quarterly dividend by 20% to 13.75 cents per share, payable on or about Apr 10, 2015 to shareholders of record at the close of business as of Mar 31, 2015.
STLD: 20.61 (-0.09)
LB Foster (FSTR) Sustains Inorganic Growth, Runs Risks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 10:30AM CDT
We issued an updated research report on the premium business service company, LB Foster Co. (FSTR) on Mar 10, 2015.
FSTR: 45.00 (unch), ADT: 41.91 (+0.10)
ArcelorMittal (MT) Invests in Energy Efficiency Program - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 11, 5:02PM CDT
ArcelorMittal (MT) announced that it has spent more than EUR 7 million (around $7.4 billion) to upgrade a set of turbine blowers, in order to reduce energy consumption at blast furnace no. 5.
MT: 9.59 (+0.01)
Mechel OAO (MTL) Extends Raiffeisenbank Credit Lines - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Apr 06, 9:50AM CDT
Russian mining company, Mechel OAO (MTL) announced that its subsidiary, Yakutugol Holding Company OAO, has inked a deal with Raiffeisenbank AO to extend the maturity of active credit lines amounting to $30 million till Feb 2016.
FSTR: 45.00 (unch), MTL: 1.28 (-0.07)
U.S. Steel to Idle Minntac Iron Ore Plant, Shares Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 01, 1:50PM CDT
U.S. Steel (X) will temporarily idle a part of its Minnesota Ore Operations at the Minntac plant to adjust production.
FSTR: 45.00 (unch), X: 24.72 (-0.40)
Allegheny Upgraded to Hold on Business Expansion Plans - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 27, 9:30AM CDT
On Mar 26, Zacks Investment Research upgraded Allegheny Technologies Inc. (ATI) to a Zacks Rank #3 (Hold) from a Zacks Rank #4 (Sell).
ATI: 30.17 (+0.04), FSTR: 45.00 (unch)
U.S. Steel Plans to Consolidate Flat-Rolled Operations - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 26, 11:20AM CDT
U. S. Steel Corporation (X) announced that it will consolidate its North American flat-rolled operations and temporarily halt its operations at Granite City, IL, due to challenging market conditions.
FSTR: 45.00 (unch), X: 24.72 (-0.40)
Global and China Aluminum Heat Transfer Composites Industry Report 2015
M2 - Tue Mar 24, 7:56AM CDT
Research and Markets (http://www.researchandmarkets.com/research/2ncjcw/global_and_china) has announced the addition of the "Global and China Aluminum Heat Transfer Composites Industry Report, 2014-2017" report to their offering. Aluminum heat transfer composites (aluminum sheet, strip, and foil, etc.) are mainly used in heat exchange systems of automobiles, home appliances, and machinery and equipment as well as air-cooling systems of thermal power stations. Fuelled by the downstream sectors, the global output of aluminum heat transfer compositespresented an AAGR of 6.1% during 2006-2014, and reached 1.38 million tons in 2014, up 4.5% year on year, a drop of 1.1 percentage points from 2013. As one of the world's major consumers of aluminum heat transfer composites, China had a demand of approximately 591.9 kt in 2014, which was mainly attributed to the growth in demand from industries like automotive lightweightas well as machinery and equipment. It is predicated that by 2017 China's demand for aluminum heat transfer composites will reach 850 kt. At present, aluminum heat transfer composites manufacturers in China are mainly the foreign-funded companies or joint-ventures, which contributed more than 60% of the total capacity in China. By contrast, the Chinese enterprises, restricted by some factors like technology, have a small scale, thereby making them less competitive. Granges, Orkla's wholly-owned subsidiary that specializes in aluminum heat transfer composites business, now has achieved the capacity of 210 kt/a aluminum heat transfer composites. Granges Aluminum Heat Transfer (Shanghai) Co., Ltd., a production base of Granges in China, has the annual capacity of 120kt; in future, the company will plan to construct its second factory in China. Novelis is a majoraluminum heat transfer composites manufacturer in the United States. In October 2014, the company's first automotive aluminum heat treatmentmanufactory in China was completed and put into operation, with its capacity of 120 kt/a. Huafon Nikkei, a Sino-Japanese joint venture, is so far the largest aluminum heat transfer composites manufacturer by capacity in China. In late 2014, the company's 50 kt/a civilair-conditioning aluminum alloy composites project (phase II) went into operation, which helped raise its total capacity of aluminum heat transfer composites to 130 kt/a. As the largest aluminum-based multi-metal composites manufacturer in China, Yinbang boasts the capacity of 20 kt/a aluminum-based multi-metal composites. The company's 200 kt/a aluminum-based laminated metal composites expansion project will be put into production in September 2015, when its aluminum-based multi-metal composites capacity will amount to 50 kt/a. Key Topics Covered: 1 Overview of Aluminum Heat Transfer Composites 2 Status Quo of Global Aluminum Heat Transfer Composites Industry 3 Status Quo of China's Aluminum Heat Transfer Composites Industry 4 Major Downstream Demand for Aluminum Heat Transfer Composites in China 5 Global Aluminum Heat Transfer Composites Manufacturers 6 Aluminum Heat Transfer Composites Manufacturers in China 7 Conclusion and Forecast Companies Mentioned - ALCOA - Wickeder - Granges (Sapa Heat Transfer) - Granges Aluminum Heat Transfer (Shanghai) Co., Ltd. - Norsk Hydro - Aleris - Novelis - Kobe Steel - Yinbang Clad Material - Jiangsu ALCHA Aluminium Co., Ltd. - Northeast Light Alloy Co., Ltd. - Southwest Aluminum (Group) Co., Ltd. - Huafon Nikkei Aluminium Corporation - Nantong Hua Te Aluminum Heat Transfer Co., Ltd. - Jiangsu Caifa Aluminum Co., Ltd. - Weifang Sanyuan Aluminum Co., Ltd. - Nantong Hengxiu Aluminum Heat Transfer Material Co., Ltd. - Harbin Song Run Metal Products Co., Ltd. - Changsha Zhongxing New Material Co., Ltd. - Shanghai Saxin Automotive Heat Transfer Material Co., Ltd. - Wuxi Guanyun Aluminum Co., Ltd. - Zhenjiang Yuanlong Aluminum Co., Ltd. For more information visit http://www.researchandmarkets.com/research/2n..._and_china
U.S. Steel (X) Invests in 2 Alabama Projects - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 23, 3:58PM CDT
United States Steel Corporation (X) announced that it has invested in two capital projects worth $277.5 million.
NUE: 48.22 (+0.43), X: 24.72 (-0.40)
Nucor (NUE) Shares Decline 6.4% after Q1 Guidance Cut - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 23, 1:20PM CDT
Nucor (NUE) slashed its first quarter 2015 guidance owing to higher levels of imports and challenging energy markets.
SID: 1.77 (+0.01), NUE: 48.22 (+0.43)
AK Steel Sees Loss in Q1 on Higher Imports, Shares Sag - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 20, 11:00AM CDT
AK Steel (AKS) expects to post a loss in first-quarter 2015 on increased unfairly traded imports.
SID: 1.77 (+0.01), AKS: 4.60 (+0.03)
Nucor (NUE) Falls: Stock Goes Down 6.4% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Mar 20, 7:56AM CDT
Nucor saw a big move last session, as the company’s shares fell by 6% and the stock was trading within the volatile range of $46.17–$49.27 showed a sharp decline yesterday at $46.10
NUE: 48.22 (+0.43)
Valmont (VMI) Faces Challenges in Irrigation, Utility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 18, 11:00AM CDT
We have issued an updated research report on steel pipe and tube company Valmont Industries (VMI).
SID: 1.77 (+0.01), VMI: 120.94 (-0.18)
Steel Dynamics Sees Lower Q1 Earnings as Shipments Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 18, 10:50AM CDT
Steel Dynamics (STLD) has issued its earnings guidance for first-quarter 2015.
STLD: 20.61 (-0.09), SID: 1.77 (+0.01)
Steel Dynamics (STLD) Repays Senior Notes Due 2020 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 17, 1:20PM CDT
Steel Dynamics (STLD) has declared full redemption of its outstanding 7 5/8% of Senior Notes due 2020.
STLD: 20.61 (-0.09), SID: 1.77 (+0.01)
LB Foster Rides on Inorganic Growth Trajectory with IOS Buy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 16, 2:10PM CDT
LB Foster Co. (FSTR), the premium business service providing company, recently fortified its Energy Services segment by securing the buyout deal of Inspection Oilfield Services ("IOS"
. SID: 1.77 (+0.01), FSTR: 45.00 (unch)
Gerdau Set to Leverage Rising Steel Demand, Runs Risks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 16, 2:00PM CDT
On Mar 13, 2015, we issued an updated research report on Gerdau S.A. (GGB). A leading Brazilian steel maker, the company's operations span over South America, North America, Europe and Asia.
SID: 1.77 (+0.01), GGB: 3.13 (-0.05)
U.S. Steel to Idle Keetac Operations for Production Adjustment - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 13, 5:11PM CDT
U.S. Steel (X) is temporarily idling production in its Keetac plant to adjust steel production.
X: 24.72 (-0.40)
Companhia Siderurgica Posts Q4 Earnings as Expenses Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Mar 13, 8:50AM CDT
Companhia Siderurgica Nacional (SID) or CSN reported net earnings of R$67 million (US$26.4 million) in fourth-quarter 2014, an improvement over loss of R$487.1 million (US$207.3 million) incurred in the year-ago quarter.
SID: 1.77 (+0.01), OSN: 0.76 (+0.02)
A.M. Castle Inks 10-Year Agreement with Stelia Aerospace - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 4:48PM CDT
A.M. Castle & Co. (CAS) announced that its subsidiary Castle Metals France has inked a ten-year agreement with Stelia Aerospace. Aerolia and Sogerma -- subsidiaries of Airbus Group -- merged into Stelia Aerospace in Jan 2015.
NOR: 3.22 (-0.07), CAS: 3.72 (-0.15)
Steel Dynamics (STLD) Hikes Quarterly Dividend 20% - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 4:42PM CDT
Steel Dynamics, Inc.'s (STLD) board has approved a hike in its quarterly dividend by 20% to 13.75 cents per share, payable on or about Apr 10, 2015 to shareholders of record at the close of business as of Mar 31, 2015.
STLD: 20.61 (-0.09)
LB Foster (FSTR) Sustains Inorganic Growth, Runs Risks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 12, 10:30AM CDT
We issued an updated research report on the premium business service company, LB Foster Co. (FSTR) on Mar 10, 2015.
FSTR: 45.00 (unch), ADT: 41.91 (+0.10)
ArcelorMittal (MT) Invests in Energy Efficiency Program - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Mar 11, 5:02PM CDT
ArcelorMittal (MT) announced that it has spent more than EUR 7 million (around $7.4 billion) to upgrade a set of turbine blowers, in order to reduce energy consumption at blast furnace no. 5.
MT: 9.59 (+0.01)
