steel prices

Massive China Production Cuts Are Huge for Steel Stocks: 5 to Buy for 2018

For years politicians and investors moaned about China's overcapacity and dumping of steel into the U.S. and world markets, and for years they got away with it with impunity. With ...
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Why Merrill Lynch Is Growing Much More Bullish on US Steel Stocks

Rising input costs and a more bullish stance on China have created a bullish sentiment in steel stocks recently. One analyst considered these global trends and raised its price targets ...
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Weak Dollar Remains Huge for Steel Stocks: 4 to Buy Now

Despite a small rally in the U.S. dollar recently, the DXY index, which is an index of the value of the United States dollar relative to a basket of foreign ...
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Why AK Steel Might Be Tuesday’s Best Earnings Report

AK Steel Holding Corp. (NYSE: AKS) released its second-quarter financial results before the markets opened on Tuesday. Out of all the stocks that reported Tuesday morning, it seems that AK ...
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Is It Time to Start Buying Cliffs?

Cliffs Natural Resources Inc. (NYSE: CLF) always has offered a high leverage to U.S. steel prices, and over the past seven years this hasn’t been a positive for investors. However, ...
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How One Bolt-On Merger Can Help AK Steel Transform

AK Steel Holding Corp. (NYSE: AKS) has sold off just a bit after the steel giant recently announced that it will acquire Precision Partners for a total of $360 million ...
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Why One Analyst Raised 4 Steel Giants to Buy

If there was one group of companies that can still benefit from the Trump administration's policies without a congressional vote, steel makers would have to be on that list. Longbow ...
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Why Many Steel Stocks May Avoid the US Steel Earnings Black Hole

United Steel Corp. (NYSE: X) has delivered a major interruption for its investors hoping to win off of more protection for U.S. steel makers and for needing steel for endless ...
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The Big Upgrade That Is Driving Steel Stocks

A few key U.S. steel players were trading higher after a top analyst at Macquarie upgraded the steel stocks to kick off the week. Overall, the firm cited improving steel ...
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Merrill Lynch Identifies Top Steel Picks for Big Upside

Last week was rather strong for U.S. steel mills. After all, a 10% gain after mid-quarter guidance from Nucor Corp. (NYSE: NUE) and Steel Dynamics Inc. (NASDAQ: STLD) is impressive ...
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molten steel

Trump Border Tax Could Be Huge for These 4 Top Steel Stocks

While the debate over any sort of taxes that are actually tariffs on foreign goods coming into the country will continue to rage, one thing has become pretty evident. In ...
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What to Expect From Major Metal Stocks Reporting Tuesday

24/7 Wall St. has put together a preview of major metal companies reporting their earnings this week. Considering the new Trump administration has been positive for industrials, we could expect ...
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Gold Mine

Why Credit Suisse’s Top Metals & Mining Picks Have 30% to 40% Upside

A new Credit Suisse report takes a positive stance on some key players in the metal and mining industries. Overall the firm sees improving apparent demand trends, accelerating global growth, ...
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bridge frame

Is It Time to Sell Metal Stocks for Infrastructure?

The industrials have seen a solid uptick since just before the U.S. presidential election took place, but is the rally over? One analyst believes that the U.S. Steel industry may ...
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molten steel

Merrill Lynch Raises Price Targets Again on Red-Hot Steel Stocks

The Trump rally has been something, and the reason seems clear. For the first time in years investors are actually very positive on real anticipated growth in the economy. For ...
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