|Bid||50.67 x 1300|
|Ask||53.45 x 2900|
|Day's Range||50.59 - 52.80|
|52 Week Range||25.09 - 59.34|
|Beta (5Y Monthly)||1.50|
|PE Ratio (TTM)||9.22|
|Earnings Date||Jan 05, 2022 - Jan 10, 2022|
|Forward Dividend & Yield||0.75 (1.38%)|
|Ex-Dividend Date||Nov 05, 2021|
|1y Target Est||70.00|
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The Zacks Analyst Blog Highlights: TimkenSteel, Commercial Metals, Nucor Corp and Schnitzer Steel
Despite the slowdown in the automotive space due to the chip crunch, strong demand elsewhere along with supply disruptions due to outages are likely to lend support to steel prices through the balance of 2021.
World steel production dropped 10.6% in October, dragged down by a sharp decline in output in China on Beijing's aggressive measures to cut production to reduce carbon emissions.