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Tag: steel
RPT-U.S. steelmakers, politicians denounce China steel price cuts
2015-08-13 00:20:36| Steel - Topix.net
Moves by Chinese steel exporters Wednesday to cut prices provoked cries of foul from the U.S. steel industry, and gave politicians skeptical of the pending Trans Pacific Partnership trade agreement new ammunition. Reuters reported Wednesday that Chinese steel producers were cutting export prices, riding the fall of the yuan currency after the central bank devaluation on Tuesday.
Steel Dynamics PT Raised to $28.00 at Cowen and Company
2015-08-12 22:13:56| Steel - Topix.net
Cowen and Company's target price would suggest a potential upside of 33.91% from the company's previous close. Shares of Steel Dynamics traded down 4.54% during mid-day trading on Wednesday, reaching $19.96.
Tags: company
steel
raised
dynamics
Reliance Steel & Aluminum Given Consensus Rating of "Buy" by Brokerages
2015-08-12 18:04:55| Steel - Topix.net
Shares of Reliance Steel & Aluminum have earned an average recommendation of "Buy" from the eleven brokerages that are currently covering the stock, MarketBeat reports . Five investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company.
Tags: buy
rating
steel
aluminum
If Only Free Markets Prevailed For Grain-Oriented Electrical Steel...
2015-08-12 09:49:39| Steel - Topix.net
Any outside observer may struggle to keep up with the continuous stream of trade complaints filed by practically everyone involved in the global trade of grain-oriented electrical steel. US producers AK Steel and Allegheny Technologies filed a trade case against multiple producers from multiple geographies and in a stunning decision last year, the domestic producers were found not to have been "materially injured" by foreign imports of GOES produced by Japan, Germany and Poland.
Tags: free
steel
markets
electrical
AK Steel, five other steel producers, go after unfair imports
2015-08-11 21:07:15| Steel - Topix.net
On Tuesday, the group filed anti-dumping and counter-vailing duty petitions over hot-rolled steel imports with the U.S. Department of Commerce and U.S. International Trade Commission. West Chester-based AK Steel is making the case along with ArcelorMittal USA LLC, Nucor Corporation , SSAB Enterprises, LLC, Steel Dynamics, Inc. and U.S. Steel Corp. in filing the petitions.
Tags: steel
producers
imports
unfair
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