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Dividend Darling Steel Dynamics Is Bucking the Commodity Collapse

2016-03-03 16:13:38| Steel - Topix.net

The rout in commodity prices has weighed on several industries ranging from oil and gas and financials to manufacturing and basic materials. In the basic materials sector, U.S. steel companies such as Nucor , AK Steel Holding , and United States Steel have struggled as China's overproduction clogged the supply chain and the strong U.S. dollar lowered the competitiveness of U.S. exports.

Tags: steel collapse dynamics commodity

 

Commodity slump hits Glencore profits

2016-03-01 09:16:41| BBC News | Business | UK Edition

Mining and commodity trader Glencore reports a 32% drop in full-year profits as the company is hit by weak commodity prices.

Tags: hits profits commodity slump

 
 

CLARCOR: Resilient Industrial To Ride Out Commodity Downturn

2016-02-29 21:31:05| Industrial Machines - Topix.net

Despite falling revenue, earnings per share and free cash flow is set to expand as the company winds down capital expenditures, improves margins, and reduces share count. In June of 2015, CLARCOR finished the divestiture of its packaging business to CC Industries.

Tags: industrial ride commodity resilient

 

$A higher on stronger commodity prices

2016-02-18 04:33:56| Automakers - Topix.net

At 1200 AEDT on Thursday, the currency was trading at 71.53 US cents, up from 70.94 cents on Wednesday. Commonwealth Bank of Australia chief currency strategist Richard Grace says the dollar is still rising due to overnight gains in global commodity and equity markets.

Tags: prices higher stronger commodity

 

The relentless plunge in commodity prices has been brutal on shares of AK Steel.

2016-02-17 16:01:10| Steel - Topix.net

To be sure, the steel industry has faced challenges in recent years. But AK Steel's woes predate this scenario, and the company didn't help itself by vertically integrating its operations just a few years back.

Tags: of prices steel shares

 

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