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Gerdau: A Risky Investment in the Current Steel Market

2015-05-01 03:50:58| Steel - Topix.net

Gerdau has faced major challenges across the globe with overcapacity of approximately 690 million tonnes of steel and a dampening steel demand in the key markets such as Brazil and other major countries in Latin America. For Brazil, poor economic growth was witnessed in 2014, which has severely affected the key markets of the auto sector, manufacturing and civil construction.

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12 Steel Stocks You Should Sell Right Now

2015-04-30 23:35:28| Steel - Topix.net

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Tags: now sell steel stocks

 
 

AK Steel: Q1 Results Look Good

2015-04-30 05:51:32| Steel - Topix.net

AK Steel has just reported its first-quarter results, missing analysts' expectations on earnings but beating them on revenue. Overall, AK Steel's results were better than the company's previous guidance , which was published in March.

Tags: good results steel

 

Schnitzer Steel Industries, Inc. to Issue $0.19 Quarterly Dividend

2015-04-29 21:31:07| Steel - Topix.net

Schnitzer Steel Industries declared a quarterly dividend on Wednesday, April 29th, ARN reports. Shareholders of record on Monday, May 11th will be paid a dividend of 0.1875 per share on Tuesday, May 26th.

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AK Steel (AKS) Stock Upgraded at Credit Suisse

2015-04-29 16:19:55| Steel - Topix.net

The analyst firm raised its 2015 EPS estimates for the steel producer to 74 cents a share from its previous estimates of a loss of $1.02 a share. Credit Suisse also raised its 2016 EPS estimates for AK Steel to a loss of 74 cents from a loss of $1.07 a share.

Tags: stock credit steel suisse

 

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