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POSCO says still negotiating legal settlement with Nippon Steel
2015-09-15 07:35:32| Steel - Topix.net
POSCO said on Tuesday it was still negotiating a legal settlement with Nippon Steel & Sumitomo Metal Corp after newspapers reported the South Korean steelmaker was in talks to pay its Japanese rival about 30 billion yen in damages for alleged corporate espionage. Officials at POSCO and Nippon Steel said the lawsuits, filed in April 2012, were still proceeding.
Tags: legal
steel
settlement
negotiating
Recent Research Analysts' Ratings Updates for United States Steel
2015-09-14 22:10:44| Steel - Topix.net
They set a "hold" rating on the stock. 9/3/2015 - United States Steel had its "overweight" rating reaffirmed by analysts at JPMorgan Chase & Co..
Tags: recent
united
research
states
Cobalt Drill Bits accelerate hole cutting in stainless steel.
2015-09-14 14:31:08| Industrial Newsroom - All News for Today
Available in ½, 7/8, and 1 1/8 in. sizes, XT Cobalt Step Bits drill clean, smooth holes through stainless steel (and other materials). High-speed steel construction features cobalt additive for resistance to heat and abrasion created by drilling. Split point tip eliminates walking and penetrates 10GA stainless steel in <10 sec, while dual-flute design, which has 2 cutting edges that share load, allows accelerated cuts with less force. Steam oxide finish enables cooler running and longevity.
Bank of America Upgrades Reliance Steel & Aluminum to Buy
2015-09-13 16:48:02| Steel - Topix.net
The brokerage currently has a $66.00 price target on the stock, up from their previous price target of $64.00. Bank of America's target price suggests a potential upside of 13.62% from the stock's current price.
Olympic Steel Director Acquires $36,750.00 in Stock
2015-09-12 15:52:43| Steel - Topix.net
Olympic Steel Director Michael G. Rippey purchased 3,000 shares of Olympic Steel stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average cost of $12.25 per share, for a total transaction of $36,750.00.
Tags: stock
director
steel
olympic
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