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Tag: steel
AK Steel (AKS) Stock Slumps Today on Weak First Quarter Guidance
2015-03-20 15:52:11| Steel - Topix.net
AK Steel said that it expects to report a net loss of 23 cents to 28 cents per diluted share versus the average of 18 analysts' estimates that had expected earnings of 1 cent, according to data compiled by Reuters . The company said its results of operations for the first quarter have been "significantly and negatively impacted by lower than expected carbon steel spot market shipments and prices due to unexpectedly high levels of what AK Steel believes are unfairly traded imports."
Tags: today
stock
steel
quarter
Steel Dynamics (STLD) Stock Is Down Today on Nucor's Lower Profit Forecast
2015-03-19 20:09:10| Steel - Topix.net
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Tags: today
stock
lower
profit
U.S. Steel to construct $230M electric arc furnace in Alabama
2015-03-19 18:09:22| Steel - Topix.net
United States Steel Corp. announced Thursday it is moving ahead with plans to construct a $230 million electric arc furnace as its steelmaking facility in Birmingham, Ala. The company had been talking about making the shift from a traditional blast furnace to an EAF for years.
Tags: steel
electric
alabama
arc
Can AK Steel Holding Corporation (AKS) Topple Long-Term Resistance?
2015-03-18 22:31:31| Steel - Topix.net
Given AK Steel Holding Corporation's long-term technical troubles , it should come as little surprise that puts have been the options of choice among traders -- today notwithstanding.
Tags: corporation
holding
steel
resistance
Steel Dynamics (STLD) Stock Is Gaining Today on Heavy Volume Despite Weak Earnings Guidance
2015-03-18 18:21:56| Steel - Topix.net
For the first quarter, the company expects adjusted earnings in a range of between 8 cents to 12 cents per share, below the 22 cents analysts are expecting. However, the company added that in the first quarter, domestic steel product pricing declined to levels that are now globally competitive.
Tags: today
stock
volume
heavy
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