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U.S. Steel Postpones EAF at Fairfield Works
2016-01-07 01:08:47| Steel - Topix.net
United States Steel Corp. will postpone construction of the electric arc furnace at its Fairfield Works in Birmingham, Ala., due to the challenging market conditions in both the oil and gas and steel industries. In mid-December, oil prices hit an eight-year low in the same week that rig counts dropped to a 16-year low of 709.
Tags: works
steel
fairfield
postpones
Nucor to reopen Convent steel mill as market improves
2016-01-06 17:59:26| Steel - Topix.net
Nucor Chief Operating Officer, John Ferriola, and Governor Bobby Jindal chat after a press conference at the St. James Welcome Center in Gramercy Wednesday, Sept. 15, 2010 where Governor Bobby Jindal announced that Nucor Corp. has chosen a Louisiana site for a $3.4 billion iron plant.
Tags: market
steel
mill
improves
Steel Dynamics, Inc. (STLD) Coverage Initiated at Rosenblatt Securities
2016-01-06 15:54:50| Steel - Topix.net
The brokerage set a "buy" rating and a $21.00 price target on the stock. Rosenblatt Securities' target price would indicate a potential upside of 17.98% from the company's current price.
Tags: steel
coverage
securities
dynamics
AK Steel Holding Co. (AKS) Lowered to "Buy" at Vetr Inc.
2016-01-06 13:49:35| Steel - Topix.net
They presently have a $2.67 target price on the stock. Vetr 's price target indicates a potential upside of 9.88% from the stock's previous close.
Schnitzer Steel Industries, Inc. (SCHN) Set to Announce Earnings on Thursday
2016-01-06 07:34:44| Steel - Topix.net
Schnitzer Steel Industries last issued its earnings results on Tuesday, October 27th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.03.
Tags: set
thursday
steel
industries
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