|Bid||15.57 x 0|
|Ask||15.77 x 0|
|Day's Range||15.29 - 15.73|
|52 Week Range||9.95 - 18.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 8, 2018|
|Forward Dividend & Yield||0.32 (2.06%)|
|1y Target Est||18.55|
WallStEquities.com reexplores the Steel and Iron sector, which covers the manufacture of steel into basic shapes and forms that then can be used to create products.Under evaluation this morning are the following four stocks: Steel Dynamics Inc. (NASDAQ: STLD), United States Steel Corp. (NYSE: X), Gerdau S.A. (NYSE: GGB), and Nucor Corp. (NYSE: NUE). On Tuesday, shares in Fort Wayne, Indiana headquartered Steel Dynamics Inc. recorded a trading volume of 1.49 million shares.
NEW YORK, June 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ChannelAdvisor ...
Under observation today are these four equities: Gerdau S.A. (NYSE: GGB), India Globalization Capital Inc. (NYSE AMER: IGC), Nucor Corp. (NYSE: NUE), and Reliance Steel & Aluminum Co. (NYSE: RS). On Tuesday, shares in Sao Paulo, Brazil-based Gerdau S.A. saw a slight decline of 0.43%, ending the day at $4.62.
Gerdau's (GGB) first-quarter 2018 profitability gains from steel production and shipments as well as rise in steel price internationally. Fall in interest expenses aids the company.
SAO PAULO , May 9, 2018 /PRNewswire/ -- 1Q18 Highlights EBITDA of R$1,5 million in 1Q18, up 74% from 1Q17, with EBITDA margin of 14.3% Reduction in selling, general and administrative expenses in 1Q18, ...
The Russell-2000 small-cap index held up better than the S&P 500 or Nasdaq-100, with trade tensions favoring small domestic issues over multinational giants. Low-priced sector plays have gained ground as well, with a broad basket of penny stocks posting 52-week highs. Legacy Reserves LP ( LGCY) posted the most substantial returns on April’s penny stocks watch list, gaining nearly 18% in sympathy with energy sector buying interest.
IRVING, Texas, April 19, 2018 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC") announced today that it has agreed to sell $350 million aggregate principal amount of 5.750% Senior Notes due 2026 (the "Notes") in an offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The offering is expected to close on or about May 3, 2018, subject to customary closing conditions. CMC intends to use the net proceeds from the offering to finance a portion of the purchase price of its previously announced acquisition of certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. (GGB) (the "Business").
Moody's Investors Service, ("Moody's") assigned a Ba3 rating to Commercial Metals Company's (CMC) proposed $350 million senior unsecured notes due in April 2026. Proceeds, together with the term ...
IRVING, Texas, April 19, 2018 /PRNewswire/ -- Commercial Metals Company (CMC) ("CMC") announced today that it is offering to sell, subject to market and other conditions, $350 million aggregate principal amount of Senior Notes due 2026 (the "Notes") in an offering exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). Final terms for the offering of the Notes will be determined at the time of pricing. CMC intends to use the net proceeds from the offering to finance a portion of the purchase price of its previously announced acquisition of certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. (GGB) (the "Business").
SÃO PAULO, 3 de abril de 2018 /PRNewswire/ -- GERDAU S.A. (NYSE: GGB, BM&Fbovespa: GGBR3, GGBR4) hereby announces that the Form 20-F related to the fiscal year ended December 31, 2017 was filed with the ...
Gerdau's (GGB) divestment of its North American assets, including two downstream facilities and one wire rod mill, is going to help it enhance profitability from the rest of the assets in the region.
Brazilian President Michel Temer said on Wednesday the United States would suspend steel and aluminium tariffs on the South American nation pending negotiations, but the office of the U.S. Trade Representative would not confirm that claim. A spokeswoman for the trade representative declined to confirm any decisions. Brazil is the No. 2 supplier of steel to the United States.
Brazil's steel industry is set for a continued turnaround in 2018 amid pick-up in demand, but rising protectionism may become a larger concern going ahead, says Moody's Investors Service in a new report. ...
Moody's Investors Service, ("Moody's") comments that the proposed 25% US tariff on its steel imports, which President Donald Trump will likely formally enact this week, will not dramatically ...
PORTO ALEGRE, Brazil , Feb. 28, 2018 /PRNewswire/ -- 4Q17 Highlights Free cash flow of R$ 1.5 billion in 2017. Selling, general and administrative expenses decrease 26% in 4Q17 compared to 4Q16, corresponding ...
Gerdau's (GGB) divestment deal, related to two hydroelectric power plants in Goias with a business unit of Kinross Gold, will strengthen the company's core operations upon completion.
Brazilian steelmaker Cia Siderúrgica Nacional is considering selling assets to reduce debt but is not "under pressure" to do so as it expects to conclude talks to refinance its debt with state banks, a senior executive told Reuters on Wednesday. "We may opt to sell assets instead of being pressured to do it," director Luis Fernando Martinez said. CSN, as the company is known, put assets up for sale in 2016, but has only made one small deal.