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Redcar SSI steel workers will be paid

2015-09-25 13:01:57| BBC News | Business | UK Edition

Workers at the Redcar steel works will be paid their last month's wages, the plant's owner confirms.

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Short Interest in AK Steel Holding Decreases By 4.6%

2015-09-25 09:10:01| Steel - Topix.net

Shares of AK Steel Holding saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 50,471,728 shares, a drop of 4.6% from the August 14th total of 52,906,102 shares, MarketBeat reports.

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AK Steel Applauds U.S. International Trade Commission Preliminary...

2015-09-25 04:57:03| Steel - Topix.net

The preliminary injury determination means that cases against hot-rolled steel imports from the seven named countries will proceed. "We are pleased that the ITC has made a preliminary ruling against dumped and subsidized imports of hot-rolled steel," said , Chairman, President and CEO of AK Steel.

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Gerdau: Betting On Brazilian Stock Market Recovery With This Undervalued Steel Producer

2015-09-24 22:42:34| Steel - Topix.net

Decreasing borrowing costs due to operations in the U.S. distinguish this Brazilian producer among the domestic companies in the falling Brazilian real environment. It has become quite difficult to find fairly-valued companies at the current state of U.S. stock market.

Tags: market stock steel recovery

 

Steel Dynamics hints at modest third quarter 2015 earnings

2015-09-24 12:18:38| Steel - Topix.net

Steel Dynamics Inc. , Fort Wayne, Indiana, has provided third quarter 2015 earnings guidance and has identified its metals recycling operations as one reason for disappointing results. The company says it expects earnings in the range of 20 cents to 24 cents per diluted share, which it says is higher than its second quarter 2015 earnings of 13 cents per share but less than 2014 third quarter earnings of 38 cents per share.

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