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Tag: steelmaker
Steelmaker applauds US legislation
2015-07-02 17:15:23| Steel - Topix.net
The CEO of United States Steel Corp. , Pittsburgh, says President Obama's singing of Trade Promotion Authority and Trade Adjustment Assistance legislation into law in late June will help protect steel industry jobs in the United States. "I commend President Obama for strengthening our trade enforcement laws by signing TPA and TAA," U.S. Steel president and CEO Mario Longhi says in a statement released to the media.
Tags: legislation
applauds
steelmaker
Gerdau: Why Investors Should Avoid This Brazilian Steelmaker
2015-06-26 17:41:04| Steel - Topix.net
Brazil is in the midst of a recession and its economy will contract this year, leading to a drop in steel consumption, which will ultimately hurt GGB's sales. The increasing usage of aluminum in the auto industry in North America will reduce GGB's addressable market, posing another challenge for the company.
Tags: avoid
investors
brazilian
gerdau
A Few Reasons to Invest in This Steel-maker
2015-05-31 11:55:30| Steel - Topix.net
There has been a continuous decline in the prices for key inputs of steelmaking, particularly carbon scrap and iron ore. As a result, AK Steel has reported healthy operating performance at Dearborn Works which exceeded its own elevated estimates and benefited its earnings.
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reasons
invest
steelmaker
Steelmaker has the tools to succeed - Sun, 10 May 2015 PST
2015-05-10 09:42:48| Steel - Topix.net
Steelmaker Nucor recently reported a mixed bag of first-quarter financial results. However, much of that is out of the company's control and simply tied to the current market environment.
AK Steel: This Steelmaker is Gradually Improving
2015-05-05 01:52:19| Steel - Topix.net
There has been a continuous decline in the prices for key inputs of steelmaking, particularly carbon scrap and iron ore. As a result, AK Steel has reported healthy operating performance at Dearborn Works which exceeded its own elevated estimates and benefited its earnings.
Tags: steel
improving
gradually
steelmaker