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Two men killed by steel bars in accident at Suzuki Motor subsidiary

2016-03-29 17:54:05| Automakers - Topix.net

Two workers died Tuesday after being struck by about 2 tons of steel bars at a factory operated by a Suzuki Motor Corp. subsidiary in Akita Prefecture, police said. Masaki Kyoya, 59, and Yutaka Ota, 53, were hit by a bundle of 20 steel bars each 5 cm in diameter and 8 meters long when Ota was trying to winch them out of a truck at around 8:40 a.m., the police said.

Tags: men motor steel bars

 

Recent Research Analysts' Ratings Changes for Reliance Steel & Aluminum Co

2016-03-29 17:01:29| Steel - Topix.net

They now have a $70.00 price target on the stock. 3/23/2016 - Reliance Steel & Aluminum Co was upgraded by analysts at Vetr from a "sell" rating to a "hold" rating.

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Weekly Research Analysts' Ratings Updates for Steel Dynamics

2016-03-29 13:01:12| Steel - Topix.net

They now have an "outperform" rating on the stock. 3/23/2016 - Steel Dynamics had its price target raised by analysts at KeyBanc from $22.00 to $25.00.

Tags: research ratings updates steel

 

POSCO eyes global expansion with high-strength steel for cars

2016-03-29 09:45:59| Steel - Topix.net

Korea's top steelmaker POSCO will be expanding its global business through its world premium automotive steel sheet products, the company said Tuesday. With currently 26 client companies in 12 countries, POSCO plans to further expand its global business by focusing on automotive steel products as part of a decision to maximize profits, as premium automotive steel sheets have 10 percent higher profitability than regular products.

Tags: global cars eyes steel

 

Schnitzer Steel Industries, Inc. (SCHN) Issues Q2 Earnings Guidance

2016-03-29 04:19:25| Steel - Topix.net

Schnitzer Steel Industries, Inc. issued an update on its second quarter earnings guidance on Monday morning. The company provided earnings per share guidance of - for the period, compared to the Thomson Reuters consensus earnings per share estimate of , Market Beat reports.

Tags: issues steel industries guidance

 

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