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AK Steel Holding (AKS) - Investment Analysts' Weekly Ratings Changes
2015-10-08 22:18:44| Steel - Topix.net
They now have a $3.00 price target on the stock, down previously from $6.00. 10/5/2015 - AK Steel Holding had its price target lowered by analysts at Barclays from $5.00 to $3.00.
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One Factor Bringing AK Steel (AKS) Stock Up
2015-07-29 17:54:21| Steel - Topix.net
The petition asks the U.S. government to impose tariffs on steel shipments from Brazil, China, India, Japan, South Korea, Netherlands, Russia, and the U.K. on claims that each dumped cold-rolled steel in the U.S., according to The Wall Street Journal . U.S. steel makers filed the petition as the industry is trying to deal with record imports, according to the Journal .
AK Steel (AKS) Stock Sliding as Iron Ore Prices Fall
2015-07-07 19:13:13| Steel - Topix.net
Iron ore prices were slipping by 5.12% to $49.60 a dry metric tonne, according to a price index compiled by Metal Bulletin. The index fell below the $50 level for the first time since April 16. The index is down for the ninth straight session, marking the longest losing streak seen since last August, Business Insider reports.
One Factor Bringing AK Steel (AKS) Stock Up Today
2015-06-03 21:07:50| Steel - Topix.net
AK Steel will receive $25.2 million for its half of the joint venture in DESCO and its 700,000-ton electrolytic-galvanizing line, according to Pittsburgh Business Times . Following the transaction U.S. Steel will fully own DESCO.
AK Steel (AKS) Stock Rises on Bullish Analyst Note
2015-05-11 21:55:14| Steel - Topix.net
The firm reiterated its "buy" rating and $9 price target on the sixth-largest U.S. steelmaker based on improved global electrical steel demand, declining iron ore costs, and better free cash flow as estimated 2015 project spending winds down. "Last week we hosted CFO Roger Newport in investor meetings with New York, where he was upbeat that the recent $20/ton price hike was sticking and more could follow," the firm wrote in a research note.
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