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Combines complementary businesses across mining, pelletizing and innovative manufacturing to create vertically integrated producer of value-added iron ore and steel products Compelling financial profile with strong balance sheet, expected earnings accretion, and strong free cash flo...
Major benchmarks ran out of holiday cheer on Monday, as trade concerns contributed to a downbeat mood on Wall Street. Some sluggish economic numbers from the manufacturing sector also weighed on market sentiment, casting doubt on what has generally been a positive outlook on the economy from the...
Steel stocks are higher following Pres. Trump's renewal of tariffs on steel and aluminum imports from Argentina and Brazil: AKS +5.9% , TMST +4.3% , X +3% , STLD +1.4% , NUE +0.3% . More news on: AK Steel Holding Corporation, United States Steel Corporation, Steel Dynamics...
WEST CHESTER, Ohio, Nov. 26, 2019 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) said today that the company’s Research and Innovation Advanced Engineering team has been recognized by the Auto/Steel Partnership as part of the 2019 Excellence Awards. Award recipients were recognized f...
U.S. Steel ( X ) has had a fascinating history. Its founders include Andrew Carnegie (as he sold his company to U.S. steel in 1901), J.P. Morgan, and Charles Schwab. It was once a giant of American manufacturing, and now a struggling firm that has not seen its stock price materially increase i...
U.S. Steel ( X +5% ) says it raised flat-rolled steel prices by $30/short ton, its third increase in less than a month. More news on: United States Steel Corporation, ArcelorMittal, TimkenSteel Corporation, Commodities news, Stocks on the move, News on ETFs, Read more ...
WEST CHESTER, Ohio, Nov. 20, 2019 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) said today that it has purchased a group annuity contract from Massachusetts Mutual Life Insurance Company (MassMutual) to transfer approximately $615 million of its pension obligations. “We are pleased to h...
SunCoke Energy ( SXC ) is a name I’ve followed off and on for several years. SunCoke Energy Partners ( SXCP ), the daughter master limited partnership (“MLP”) before a recent roll-up, was my highest conviction idea of 2016 and one of the first longs I pitched to what is ...
AK Steel (NYSE: AKS ) announced retirement of Jaime Vasquez, Vice President, Finance and Chief Financial Officer, effective November 30, 2019. More news on: AK Steel Holding Corporation, Commodities news, Read more ...
WEST CHESTER, Ohio, Nov. 05, 2019 (GLOBE NEWSWIRE) -- AK Steel (NYSE: AKS) said today that Jaime Vasquez, Vice President, Finance and Chief Financial Officer, will retire effective November 30, 2019, and will continue to assist with the transition of his responsibilities over the next few m...
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Nucor Corp. (NYSE: NUE) stock is currently trading at a five-year low. In fact, the shares are very near a 10-year low as well. At this point, they are down around 50% from the highs reached in early 2018. That's a painful decline, to be sure, but the bigger question now is whether or not th...
Are These 5 Names On Your List Of Penny Stocks To Watch This Week? This was a crazy week for trading penny stocks and blue-chip stocks alike. not only did we see massive swings in either direction, but headlines were also a huge force too. Whether it was the latest news of coronavirus cas...
Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) and AK Steel Holding Corporation (NYSE: AKS) (“AK Steel”) jointly announced that, at their respective special shareholder/stockholder meetings held earlier today, the shareholders of Cliffs and the stockholders of AK Ste...