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Tag: steel
Nippon Steel eyes larger overseas investment after 2018
2015-09-29 21:25:53| Steel - Topix.net
Japan's Nippon Steel & Sumitomo Metal Corp, which plans to spend 300 billion yen on overseas expansion by March 2018, may set aside a bigger amount in the following years to propel growth abroad, its president, Kosei Shindo, said. Nippon Steel's appetite for investments through mergers and acquisitions may pique the interest of global peers in selling assets as they suffer from slumping steel prices, with Chinese mills swamping global markets with cheap products.
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steel
Union talks over Redcar steel plant
2015-09-29 08:42:32| BBC News | Business | UK Edition
Union officials are to begin talks with executives of SSI's Redcar steel plant after the company announced the loss of 1,700 jobs.
AK Steel Holding Given Consensus Rating of "Hold" by Analysts
2015-09-29 00:57:04| Steel - Topix.net
AK Steel Holding has received an average rating of "Hold" from the eighteen ratings firms that are presently covering the stock, Analyst Ratings.Net reports . One research analyst has rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company.
Tags: rating
hold
holding
steel
United States Steel Reaches New 52-Week Low at $10.02
2015-09-28 20:42:26| Steel - Topix.net
United States Steel reached a new 52-week low during trading on Monday , MarketBeat.Com reports. The stock traded as low as $10.02 and last traded at $10.07, with a volume of 8,995,111 shares.
Tags: united
low
states
united states
1,700 jobs go as steel plant mothballed
2015-09-28 12:42:30| BBC News | Business | UK Edition
Iron and steelmaking at Redcar is to be mothballed with the loss of 1,700 jobs, the plant's owner says.
Tags: jobs
steel
plant
mothballed
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