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Steel Price To Recover In 2016, Major Bank Predicts

2015-11-25 01:11:56| Steel - Topix.net

Timna Tanners of Bank of America is expecting 2016 benchmark US hot rolled coil to average $455/short ton, marking an increase from current spot prices of around $375 to $390 per ton. The analyst added that United States Steel Corporation and AK Steel Holding Corporation could only see a near-term boost from trade case and mill price hike headlines.

Tags: price major bank steel

 

Argus Lowers United States Steel Price Target to $19.00

2015-11-24 15:03:28| Steel - Topix.net

The firm presently has a "buy" rating on the stock. Argus' price target would suggest a potential upside of 118.39% from the company's current price.

Tags: price united states united states

 
 

Schnitzer Steel Industries Upgraded to "Equal Weight" by Morgan Stanley

2015-11-24 12:58:38| Steel - Topix.net

The firm currently has a $21.00 target price on the stock, up from their prior target price of $14.00. Morgan Stanley's target price would indicate a potential upside of 46.44% from the stock's previous close.

Tags: weight equal steel industries

 

Steel Dynamics Upgraded at Zacks Investment Research

2015-11-24 05:54:51| Steel - Topix.net

According to Zacks, "Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill. Steel Dynamics operates in the production and sale of hot-rolled and cold-rolled steel coils.

Tags: research investment steel dynamics

 

KIT researchers developing low-pressure carbonitriding process for hardening steel with methylamine; applications in downsized engines

2015-11-23 16:55:24| Green Car Congress

Tags: process applications kit developing

 

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