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Credit Suisse Begins Coverage on Steel Dynamics, Inc.

2016-03-10 23:26:11| Steel - Topix.net

The firm set an "outperform" rating on the stock. A number of hedge funds recently modified their holdings of the stock.

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Reliance Steel & Aluminum Co (RS) Shares Bought by Wedge Capital Management L L P NC

2016-03-10 18:10:54| Steel - Topix.net

Wedge Capital Management L L P NC increased its position in shares of Reliance Steel & Aluminum Co by 9.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 138,136 shares of the company's stock after buying an additional 11,450 shares during the period.

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Japan steel makers consider pay hike of A 2,500 a month

2016-03-10 18:10:53| Steel - Topix.net

Major Japanese steel makers are considering putting forward a pay hike of 2,500 per month for fiscal 2016 as the shunto wage negotiations enter their final stage, it was learned Thursday. The envisaged figure is higher than the 2,000 agreed for fiscal 2014 in previous negotiations with labor unions, but lower than the 4,000 a month being sought by unions for the coming two fiscal years.

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Bradken, Inc. Joins AISC as an Associate Member - Structural Steel Castings

2016-03-10 11:31:08| Industrial Newsroom - All News for Today

Kansas City, MO As part of Bradkens ongoing commitment to the Structural Steel marketplace, we have joined AISC; as an associate member. Bradken displays at NASCC, has participated in Steel Days and given seminars to groups of Structural Engineers and Architects; in the use of steel cast connections. Bradken has...

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AK Steel Holding Co. (AKS) Given New $3.50 Price Target at Nomura

2016-03-10 06:28:54| Steel - Topix.net

The firm currently has a "neutral" rating on the stock. Nomura's target price would indicate a potential downside of 5.15% from the stock's previous close.

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