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AK Steel Holding Downgraded by Zacks

2015-11-15 06:02:33| Steel - Topix.net

According to Zacks, "AK Steel swung to a profit in the third quarter of 2015, aided by strong shipments to the automotive market and lower input costs. Earnings for the quarter beat the Zacks Consensus Estimate.

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United States Steel Bonds Drop 4.1% During Trading Analyst

2015-11-14 00:56:48| Steel - Topix.net

An issue of United States Steel bonds fell 4.1% as a percentage of their face value during trading on Friday after Barclays lowered their price target on the stock from $15.00 to $14.00, MarketBeat reports. The high-yield debt issue has a 7.375% coupon and will mature on April 1, 2020.

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AK Steel Holding Lifted to "Buy" at Zacks

2015-11-13 22:47:02| Steel - Topix.net

The brokerage currently has a $2.75 price target on the stock. Zacks 's price objective would suggest a potential upside of 9.13% from the stock's previous close.

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Prefabricated modular steel bridging provides temporary access in Lusk, Wyo.

2015-11-13 17:34:16| Railroads - Topix.net

Acrow Bridge announced completion of installation of a temporary bridge in Lusk, Wyo. The 200-foot by 24-foot span replaced an overpass on U.S. Route 85 that collapsed onto railroad tracks as a result of heavy rains and flooding of the nearby Niobrara River in late June.

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Korean court orders Japanese steel maker to compensate forced wartime laborers

2015-11-13 10:27:20| Steel - Topix.net

A South Korean court on Friday ordered Nippon Steel & Sumitomo Metal Corp. to compensate seven Koreans who were forced to work at one of its predecessor companies during the war a total of 700 million won . The Seoul Central District Court awarded 100 million won in damages to each of the plaintiffs, the same amount they sued the Japanese company for.

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