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Steel Dynamics Poised for Gains Ahead of Earnings Release

2015-10-19 21:52:58| Steel - Topix.net

Steel Dynamics reports its quarterly earnings this evening and shares look to be pointed higher based on its improved technical position. STLD corrected lower after a small top in the $21 to $23 area in May and June.

Tags: release steel ahead dynamics

 

As British steel industry goes into meltdown, government faces some burning questions

2015-10-19 20:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Nobody should expect the government to write an open-ended, taxpayer-funded cheque to support the steel industry. But it is reasonable to expect ministers to be alert to a crisis at its early stages and to avoid making a bad position worse. On both counts, the government has questions to answer. Back in January, David Cameron boasted that the UKs steel production was higher than in Labours last term in office because we have a car industry that is growing, an aerospace industry that is growing,...

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Parts of Caparo steel in administration

2015-10-19 18:33:25| BBC News | Business | UK Edition

Administrators from PwC have been appointed to run some parts of the Caparo group empire.

Tags: parts administration steel caparo

 

Reliance Steel & Aluminum Co. Subsidiary AMI Metals, Inc. Awarded...

2015-10-19 17:50:52| Steel - Topix.net

Reliance Steel & Aluminum Co. announced today that its subsidiary, AMI Metals, Inc., headquartered in Brentwood, Tennessee, has been awarded a multi-year contract by Lockheed Martin to provide aluminum flat rolled material for the F-35 Joint Strike Fighter.

Tags: inc steel ami awarded

 

AK Steel Holding Sees Large Increase in Short Interest

2015-10-19 08:23:15| Steel - Topix.net

Shares of AK Steel Holding were the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 52,948,852 shares, a growth of 10.0% from the September 15th total of 48,150,264 shares, MarketBeat.com reports.

Tags: large short interest increase

 

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