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Posts related to ‘steel makers’

close-up of red hot iron beams

Steel Maker Takes Huge Writedown

Posted: December 21, 2012 at 7:36 am

The world’s largest steelmaker, ArcelorMittal (NYSE: MT), said this morning that it would take a noncash $4.3 billion impairment charge against the goodwill of its businesses in Europe. The charge ...
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Pouring molten steel

Steel Maker Nucor Warns on Earnings

Posted: December 18, 2012 at 9:47 am

Another earnings warning is out this morning, this time from one of the largest U.S. steel makers. Nucor Corp. (NYSE: NUE) this morning lowered its fourth-quarter diluted earnings per share ...
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U.S. Steel Earnings Saves the Metal Makers (X, AKS, NUE, RS, SCHN, STLD, MT, AA)

Posted: July 31, 2012 at 10:45 am

United States Steel Corp. (NYSE: X) is surging after its earnings report. While earnings were half of what they were a year ago, the report was "less bad" than analysts ...
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