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Steelmaker Nucor's profit falls 39 pct

2015-04-23 16:46:48| Steel - Topix.net

Nucor Corp, the No. 1 U.S. steelmaker by market value, reported a 39 percent drop in quarterly profit, hurt by lower selling prices.

Tags: falls profit pct profit falls

 

Why This Steelmaker Can Get Better Going Forward

2015-04-18 00:09:07| Steel - Topix.net

Gerdau is seeing tough conditions in the steel industry. The overcapacity of approximately 690 million tonnes of steel, as well as softer demand for steel in markets like Brazil and other countries such as Latin America, impacted its results to a great extent in 2014.

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UPDATE 1-Higher shipment boosts steelmaker Nucor's profit

2015-01-27 18:33:33| Steel - Topix.net

Nucor Corp, the No. 1 U.S. steelmaker by market capitalization, reported a better-than-expected quarterly profit due to increases in selling price and shipments.

Tags: update profit shipment boosts

 

India Set to Sell Stake in Steelmaker on Friday

2014-12-03 20:57:14| Steel - Topix.net

India will sell a 5% stake in the Steel Authority of India Ltd. on Friday, launching the government's plans to raise $10 billion by unloading stakes in state-run companies. The steelmaker said in a regulatory filing that the government will sell the stake through an auction of shares on Indian stock exchanges.

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Investing in This Steelmaker Can Result in Long-Term Gains

2014-11-30 20:44:28| Steel - Topix.net

With strong results in the recently reported third quarter, Steel Dynamics looks in good shape. The main reason behind such an outstanding performing has been the strong demand from its end markets.

Tags: result investing gains longterm

 

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