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UPDATE 1-Nippon Steel pushing hard for Usiminas cash injection -source
2016-03-09 01:14:13| Steel - Topix.net
Japan's Nippon Steel & Sumitomo Metal Corp will press hard to approve a capital increase for Brazilian steelmaker Usiminas SA this week, with a threat to sue if fellow shareholders block the motion, a source with knowledge of the matter said on Tuesday. The Japanese group will propose a cash injection of 1 billion reais at a Friday board meeting, and is willing to finance the capital increase alone if the other major shareholder, Italian-Argentinian conglomerate Techint Group, refuses to participate, the same source said.
Numeric Investors LLC Cuts Stake in Steel Dynamics, Inc.
2016-03-08 22:14:28| Steel - Topix.net
Numeric Investors LLC lowered its stake in Steel Dynamics, Inc. by 76.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 321,973 shares of the company's stock after selling 1,049,900 shares during the period.
Traffic update: Steel Bridge re-opened to ped and bike traffic
2016-03-08 17:58:30| PortlandOnline
The gates on the lower deck of the Steel Bridge have been fixed, and the bridge has been re-opened for pedestrian and bicycle traffic.
Tags: update
traffic
steel
bridge
Steel Dynamics, Inc. (STLD) Upgraded at Berenberg Bank
2016-03-08 14:14:04| Steel - Topix.net
Other equities analysts have also issued reports about the stock. Rosenblatt Securities reiterated a "buy" rating and issued a $21.00 price objective on shares of Steel Dynamics in a research report on Tuesday, January 26th.
Tags: bank
steel
dynamics
upgraded
Reliance Steel & Aluminum Co (RS) Position Boosted by Tdam USA Inc.
2016-03-08 14:14:03| Steel - Topix.net
Tdam USA Inc. increased its position in Reliance Steel & Aluminum Co by 22.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,725 shares of the company's stock after buying an additional 4,135 shares during the period.
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