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Tag: steel
United States Steel Can Deliver Long-Term Growth Despite Short-Term Headwinds
2015-05-04 05:56:03| Steel - Topix.net
United States Steel revenue for the quarter declined 26% from a year ago period to $3.2 billion, while it reported an adjusted loss of 7 cents a share, which lagged way behind the 27 cents EPS expected by analysts. The results were considerably affected by large amount of cheap steel imports.
Tags: united
states
united states
growth
U.S. steelmakers complain China skirting steel plate duties
2015-05-01 21:53:11| Steel - Topix.net
U.S. steelmakers Nucor Corp and SSAB Enterprises said on Friday Chinese producers are circumventing import duties on steel plate and asked the U.S. Department of Commerce to intervene. In a filing dated May 1, the companies said Chinese producers were getting around anti-dumping duties on cut-to-length carbon steel plate by adding elements to class the plate as alloy.
Tags: china
steel
plate
duties
Olympic Steel Reports 2015 First-Quarter Net Income
2015-05-01 13:16:25| Steel - Topix.net
Olympic Steel Inc., a national metals service center, today announced financial results for the first quarter ended Mar. 31, 2015. First-quarter 2015 net sales of $345.9 million were comparable with sales of $346.9 million recorded in the same quarter last year.
Tags: net
reports
income
steel
Steel Dynamics Is a Smart Investment Despite End-Market Weakness
2015-05-01 12:16:12| Steel - Topix.net
Steel Dynamics ' revenue in the previous quarter rose 12% from a year ago period to $2.05 billion, while earnings adjusted for call premium charges and other finance expenses came at 17 cents a share. The revenue growth is encouraging, but the profits were affected by lower steel prices coupled with higher costs.
Tags: investment
smart
steel
dynamics
Quarterly reports spotlight difficult era mining and steel firms currently face
2015-05-01 08:01:19| Steel - Topix.net
News during the last week of April was extremely negative about regional iron ore mining companies and the markets they serve. The most troubling revelation involves Magnetation LLC, which has operations in Bovey, Chisholm, Keewatin, Grand Rapids and Reynolds, Ind.
Tags: reports
face
difficult
era
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