|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||29.47 - 29.97|
|52 Week Range||18.84 - 29.97|
|PE Ratio (TTM)||9.39|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
US steel stocks have had a tepid year after the spectacular rally last year, and there's a sense of apprehension in the market that US steel prices could go lower.
AK Steel (AKS), Nucor (NUE), and Steel Dynamics (STLD) have seen negative returns of 17.2%, 3.0%, and 2.1%, respectively, in the trailing three months. U.S. Steel Corporation (X), ArcelorMittal (MT), and…...
The National Congress of the Communist Party of China (or CPC) is scheduled to begin on October 18. The event, which takes place every five years, should be closely followed by…
Some market observers have cited China’s winter steel production cuts as a bearish driver for iron ore prices. There could be some merit to this argument.
ArcelorMittal (MT) will invest $1 billion at its Mexican operations in a three-year investment program, which will improve the quality and efficiency of its operations and optimize asset base.
Steelmaker ArcelorMittal said it plans to invest $1 billion in Mexico, pursuing its expansion in the country as the government launched the first of its planned special economic zones.
ArcelorMittal, the world's largest steelmaker, will invest $1 billion in Mexico over the next three years, in part to boost its North American trade operations, the company said on Thursday. Mexico is a key production platform for the company. During the first half of 2017 AreclorMittal produced nearly $12 billion of steel in North America while shipping about $11 billion from the three-country region linked by the 23-year-old North American Free Trade Agreement, which is currently being renegotiated.
Ligand Pharma, Chipotle Mexican Grill, Arcelormittal, Ichor Holdings and Micron Technology highlighted as Zacks Bull and Bear of the Day
ArcelorMittal's (MT) unit in Romania has introduced a new range of organic coated coils following an investment of roughly EUR15 million.
Zacks.com featured highlights include Synnex, ArcelorMittal, Principal Financial Group, Magna International and Citizens Financial Group
Steel companies like U.S. Steel Corporation (X), ArcelorMittal (MT), and AK Steel (AKS) use coking coal as an input for their blast furnaces.
Recently, the Indian Steel Ministry expressed concern about rising steel prices. It said that steelmakers shouldn't be allowed to “exploit the country.”
Despite the challenge of steel imports, Nucor’s (NUE) expected 3Q17 earnings and earnings for the first half of 2017 exceed its full-year profitability for the last eight years.
After a decade of waiting, Europe is seeing its second major steel deal in months, which should be good news for a fractured industry suffering from too much supply.