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Tag: steel
United States Steel Debt Trading 3.6% Lower Analyst
2015-10-03 01:18:07| Steel - Topix.net
An issue of United States Steel debt fell 3.6% as a percentage of its face value during trading on Friday after Bank of America lowered their price target on the stock from $11.00 to $8.00, Analyst Ratings Net reports. The high-yield debt issue has a 7.375% coupon and will mature on April 1, 2020.
Tags: united
states
united states
lower
U.S. Steel Will Continue To Fall
2015-10-02 21:12:57| Steel - Topix.net
However, I think U.S. Steel needs to gain cash flow neutrality and improve on its debt before it can see a full recovery. U.S. Steel has been an excellent short opportunity for many months now, but don't think that opportunity is going away any time soon.
NASDAQ launching steel index futures in November
2015-10-02 19:03:23| Steel - Topix.net
The NASDAQ Commodities exchange, Stockholm, is preparing to launch futures contracts for U.S. shredded steel scrap and iron ore cost and freight China in November, 2015, followed by US hot-rolled coil and other products in December of 2015. All contracts will be financially settled against The Steel Index indices.
Tags: index
november
steel
nasdaq
SSI steel firm goes into liquidation
2015-10-02 14:44:41| BBC News | Business | UK Edition
SSI UK, owners of the mothballed Redcar steelworks where 1,700 jobs are at stake, goes into liquidation
Tags: firm
steel
liquidation
ssi
Redcar steel workers granted aid
2015-10-02 11:58:14| BBC News | Business | UK Edition
The government announces a financial package of "up to 80m" to support SSI workers on Teesside.
Tags: steel
aid
workers
granted
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