Allegheny Projects Q2 Loss on Flat Rolled Products Weakness - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 15, 3:00PM CDT
Allegheny (ATI) expects to post a loss in the second quarter due to challenges in its Flat Rolled Products business and other headwinds.
ATI: 17.77 (+0.08), CMC: 16.19 (+0.04), HAYN: 39.35 (-0.47)
ArcelorMittal to Construct Biofuel Production Facility - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 14, 2:20PM CDT
Steel giant ArcelorMittal (MT), carbon recycling company LanzaTech and leading technology and service provider Primetals Technologies have signed a letter of intent to build Europe's first-ever commercial scale production facility.
CMC: 16.19 (+0.04), SCHN: 18.78 (-0.11), MT: 6.34 (-0.06)
ArcelorMittal to Invest in Operations at Krakow Plant - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 08, 2:15PM CDT
ArcelorMittal (MT) announced that it will restart preparations for the relining of blast furnace No. 5 in Krakow, Poland, which will reach the end of its lifecycle in mid-2016.
CMC: 16.19 (+0.04), SCHN: 18.78 (-0.11), MT: 6.34 (-0.06)
ArcelorMittal Issues CHF 225M Notes Under EMTN Program - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jul 06, 1:40PM CDT
Steel giant, ArcelorMittal (MT) has announced the issuance of CHF 225 million (roughly $238 million) 2.50% Notes due Jul 3, 2020.
CMC: 16.19 (+0.04), SCHN: 18.78 (-0.11), MT: 6.34 (-0.06)
Mechel (MTL) to Supply Certified Rails to Russian Railways - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 01, 1:35PM CDT
Mechel (MTL) has obtained a certificate of compliance with the requirements of the Customs Union's Technical Regulations for its rails of up to 100 meters in length.
CMC: 16.19 (+0.04), SCHN: 18.78 (-0.11), MTL: 1.77 (+0.15)
ArcelorMittal Rebars in Poland's Second Highest Bridge - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 26, 1:25PM CDT
ArcelorMittal (MT) has supplied 900 tons of rebars for the construction of an iconic bridge across the river Wislok in Rzeszow, Poland.
CMC: 16.19 (+0.04), RTI: 28.26 (-0.70), MT: 6.34 (-0.06)
ArcelorMittal Supplied Steel for Skyscraper Built in 19 Days - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 23, 5:35PM CDT
Steel giant, ArcelorMittal (MT) announced that it supplied 10,345 tons of HISTAR beams for the construction of a 57-storey skyscraper which was built in a record-breaking 19 days in Changsha, China.
CMC: 16.19 (+0.04), RTI: 28.26 (-0.70), MT: 6.34 (-0.06)
Steel Dynamics Sees Lower Q2 Earnings as Prices Fall - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 23, 12:50PM CDT
Steel Dynamics, Inc. (STLD) announced that it expects second-quarter 2015 adjusted earnings to be in the range of 20 cents to 24 cents per share.
STLD: 25.39 (-0.16), CMC: 16.19 (+0.04), RTI: 28.26 (-0.70)
AK Steel Sees Loss in Q2 on Lower Carbon Steel Prices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Jun 22, 12:10PM CDT
AK Steel (AKS) expects to post a loss in second-quarter 2015 as lower carbon steel prices are expected to dent its bottom line
CMC: 16.19 (+0.04), AKS: 5.12 (-0.10), HAYN: 39.35 (-0.47)
Carpenter's Alabama Facility to Produce Nickel-Based Alloy - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 18, 3:16PM CDT
Carpenter Technology Corporation (CRS) announced that its new facility in Athens, AL, has received the approval of a leading European aerospace engine maker for producing a nickel-based high-temperature alloy used in aerospace engine rings.
CRS: 37.10 (-0.38), HAYN: 39.35 (-0.47), RTI: 28.26 (-0.70)
Allegheny Expands Nickel-Based Superalloy Powder Capability - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jun 18, 12:50PM CDT
Allegheny Technologies Inc. (ATI) said that it is expanding its nickel-based superalloy powder capabilities to meet increasing demand from the aerospace jet engine market and the additive manufacturing industry.
ATI: 17.77 (+0.08), HAYN: 39.35 (-0.47), RTI: 28.26 (-0.70)
Reliance Steel Well Placed on Higher Demand, Acquisitions - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 16, 11:10AM CDT
We have issued an updated research report on metal processor Reliance Steel & Aluminum Co. (RS).
RS: 73.89 (+0.33), LAWS: 17.52 (+0.37)
AK Steel Hikes Carbon Flat-Rolled Steel Product Prices - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 16, 9:10AM CDT
AK Steel Holding Corporation (AKS) announced that it will hike the current spot market base prices for all carbon flat-rolled steel products by at least $20 per ton.
AKS: 5.12 (-0.10), HAYN: 39.35 (-0.47), RTI: 28.26 (-0.70)
Companhia Siderurgica Shows Growth Potential, Runs Risks - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 12, 2:00PM CDT
On Jun 11, 2015, we issued an updated research report on Companhia Siderurgica Nacional (SID) or CSN.
SID: 3.21 (-0.06), ZEUS: 25.28 (+0.04), PKX: 49.64 (-1.47)
LB Foster Wins Contract to Renovate Pennsylvanian Bridges - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Jun 12, 1:55PM CDT
Renowned multinational railroads company LB Foster Co. (FSTR) recently won a contract for enhancing the transportation infrastructure in Pennsylvania.
FSTR: 11.32 (+0.34), ZEUS: 25.28 (+0.04), PKX: 49.64 (-1.47)
Mechel Inks Deal with Jidong Cement to Supply Steam Coal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 10, 1:39PM CDT
Russian steel and mining company Mechel (MTL) has signed a memorandum to supply 1 million tons of steam coal produced at Neryungrinsky and Elga open pits to China's Jidong Cement between Apr 2015 and Mar 2016.
ZEUS: 25.28 (+0.04), MTL: 1.77 (+0.15), PKX: 49.64 (-1.47)
Valmont's Long-term Growth Story Intact Amid Headwinds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jun 10, 11:40AM CDT
We have issued an updated research report on steel pipe and tube company Valmont Industries (VMI).
ZEUS: 25.28 (+0.04), VMI: 129.60 (-0.53), PKX: 49.64 (-1.47)
AK Steel Poised to Gain on Auto Strength in a Tough Market - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 09, 1:35PM CDT
We have issued an updated research report on steel maker AK Steel (AKS).
ZEUS: 25.28 (+0.04), AKS: 5.12 (-0.10), PKX: 49.64 (-1.47)
AK Steel (AKS) to Introduce Advanced High-Strength Steels - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jun 02, 2:05PM CDT
AK Steel (AKS) plans to produce the first commercially available Next-Generation Advanced High-Strength Steels.
ZEUS: 25.28 (+0.04), AKS: 5.12 (-0.10), PKX: 49.64 (-1.47)
ArcelorMittal (MT) Prices $1 Billion of Fixed Rate Bonds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri May 29, 12:10PM CDT
ArcelorMittal (MT) announced that it has concluded the pricing of two series of U.S. dollar denominated notes.
ZEUS: 25.28 (+0.04), MT: 6.34 (-0.06), PKX: 49.64 (-1.47)