AKS News and Press, AK Steel Holding Corporation From 09/06/19

AK Steel ( AKS -0.4% ) says it will permanently close its Ashland Works plant in Kentucky by year-end 2019, laying off all 260 employees. More news on: AK Steel Holding Corporation, Commodities news, Read more ...

The Department of Commerce Department says it imposed duties on fabricated structural steel (NYSEARCA: SLX ) from China and Mexico following a preliminary determination that producers in the two countries had dumped the product on the U.S. market at prices below fair market value. More...

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... Steel stocks got walloped last...

I am not confident that AK Steel Holding ( AKS ) will continue to struggle in the current bear market in the basic materials. The company has to retire debt in November 2019, and it may not be able to reissue the debt due to its weak financial position. Moreover, HRC prices continue to decline...

U.S. hot-rolled coil prices fell ( SLX -1.1% ), as more market participants voiced doubts that demand would increase in the coming month, Argus reports. More news on: VanEck Vectors Steel ETF, United States Steel Corporation, AK Steel Holding Corporation, Commodities news, News on E...

Nucor (NYSE: NUE) stock has fallen 20% over the past year and is down 30% from its early-2018 highs. That's not surprising, given that fundamentals in the steel industry have begun to weaken. However, this could be a buying opportunity for investors looking to own a great company. Here are ...

Introduction My next article in this series looks to add the steel industry to my research. Any new readers who wish to see a detailed explanation on how I arrive at these results, please see my introductory article that elaborates on my process . As a quick summary, I believe that over t...

Copper prices climbed after Pres. Trump walked back plans to impose new tariffs on some Chinese products, which helped ease worries about growth and demand in China. More news on: iPath Bloomberg Copper Subindex Total Return ETN, Global X Copper Miners ETF, Invesco DB Base Metals ETF, C...

A whiff of inflation – although the rate of inflation remains “muted” according to Federal Chair Jerome Powell – and anticipation of lower interest rates has encouraged investors to speculate in the SPDR S&P Metals & Mining ETF ( XME ). The XME is a very p...

Finally, AK Steel ( AKS ) managed to come up with decent news in its second-quarter report . The company reported revenue of $1.68 billion and net income of $66.8 million, or $0.21 per share, materially beating earnings estimates and slightly missing on revenue. The key to AK Steel’s s...