|Bid||0.00 x 800|
|Ask||0.00 x 1100|
|Day's Range||57.38 - 58.17|
|52 Week Range||46.10 - 62.31|
|Beta (3Y Monthly)||1.66|
|PE Ratio (TTM)||9.85|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||1.60 (2.77%)|
|1y Target Est||57.85|
President Trump announced he was 'restoring' tariffs on imports of steel and aluminum from Brazil and Argentina and accelerating a trade war on another front. Yahoo Finance's Julie Hyman, Adam Shapiro, Jessica Smith, Brian Cheung and Heidi Chung discuss.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat […]
President Trump's latest hints at a delay in the U.S.-China trade agreement causes the yield on benchmark 10-year Treasury note to hit the lowest in the last four months.
Steel producer stocks rallied Monday, to buck the selloff in the broader stock market, after President Donald Trump said he was bringing back tariffs on steel imports from Brazil and Argentina, as retaliation for currency devaluations.
Despite the benefits of steel tariffs, shares of most U.S. steel companies remain subdued this year as weak demand and prices hurt their earnings.
Steel stocks are moving after President Donald Trump tweeted about renewed tariffs on steel imports from Argentina and Brazil. The tariffs could be significant for the sector, but analysts are reacting with caution.
While demand weakness is likely to continue, it remains to be seen if the recent recovery in steel prices is short-lived or more sustainable heading into 2020.
The materials sector includes companies engaged in the discovery, development, and processing of raw materials, which are used across many other sectors and industries. Materials stocks include manufacturers of products as varied as plastic, fertilizer, paper, concrete, metals, and more. Some prominent names in the materials sector include Dupont de Nemours Inc. (DD), Ecolab Inc. (ECL), and Dow Inc. (DOW).
Moody's Investors Service today affirmed the senior secured rating of Ba1 on $83.3 million of County of Ohio, Kentucky (the county) Pollution Control Refunding Revenue Bonds (Big Rivers Electric Corporation Project; cusip number 677288AG7) and concurrently revised the rating outlook to positive from stable. "The rating action for the bonds previously issued by the county on behalf of Big Rivers Electric Corporation (BREC) primarily reflect the increased likelihood that the recently signed long-term contract for future sales of up to 200 megawatts (MW) to Nucor Corporation (Baa1 stable) by 2022 will, subject to requisite approvals by the Kentucky Public Service Commission (KPSC) and the US Department of Agriculture's Rural Utilities Service (RUS), further advance BREC's strategies to realign its capacity supply and load profile in a credit positive and more sustainable way", said Kevin Rose, Vice President-Senior Analyst.
CLF and U.S. Steel Corporation are looking at electric arc furnaces, whose variable cost dynamics make them suitable for the cyclical steel industry.
United States Steel reported third-quarter numbers after the close of trading on Thursday. They beat Wall Street expectations, sort of.
AK Steel (AKS) stock was trading deep in the red in after-market trade on Wednesday. Based on the YTD price action, the stock is outperforming its peers.
It has been a brutal year for U.S. Steel investors. The company has been whipsawed by tariffs, raw material costs and falling demand.
Moody's Investors Service ("Moody's") has affirmed Nucor Corporation's (Nucor) Baa1 senior unsecured ratings including the backed industrial revenue bond ratings, the (P)Baa1 senior unsecured shelf rating, the Prime -2 short-term rating and the VMIG 2 short-term rating on certain industrial revenue bonds as indicated in the debt list below. "The affirmation reflects Nucor's continued strong debt protection metrics and liquidity position despite the reduction in shipments and contraction in earnings evidenced over the course of 2019" said Carol Cowan, Senior Vice President and lead analyst for Nucor.
Things could turn around for the US steel sector, with mills pushing for price hikes. Earnings results this week could also surprise positively.
We'd be surprised if Nucor Corporation (NYSE:NUE) shareholders haven't noticed that the Executive Vice President of...
Analysts weren't impressed with Cleveland-Cliffs' third-quarter earnings. On Thursday, J.P. Morgan lowered its target price from $8 to $7.
CEO John Ferriola reported Nucor earned $275 million, or 90 cents per diluted share, on sales totaling $5.46 billion in the third quarter.