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ArcelorMittal Wants to Raise $3 Billion

ArcelorMittal (NYSE: MT), the world's largest steelmaker, revealed fourth-quarter and full-year 2015 results Friday morning, and the view was anything but pretty. The company's net loss for the year totaled ...
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Why Merrill Lynch Is Throwing in the Towel on AK Steel and Steel in General

One of the main trends in 2015 has been stumbling commodity prices, and this has laid waste to multiple industries over the course of the year. Merrill Lynch was once ...
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Does a Smaller Loss Finally Make AK Steel a Buy?

AK Steel Holding Corp. (NYSE: AKS) seems to be that turnaround company that never turns around. This may sound crazy, but this stock was valued at over $20 per share ...
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Merrill Lynch Makes Key Ratings Change in Metals Leaders

When analysts make rotation calls within a sector, or metals in this case, some investors overlook these calls. After all, a firm is just saying they now like one company ...
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Is the AK Steel Turnaround Finally Coming to Fruition?

Being in the metals industry is currently not an easy gig. Profitability and demand just are not cooperating. The good news is that AK Steel Holding Corporation (NYSE: AKS) has ...
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What to Look For in AKS and US Steel Earnings

Before markets open on Tuesday morning, AKS Steel Holding Corp. (NYSE: AKS) is scheduled to report earnings and United States Steel Corp. (NYSE: X) is set to report after markets ...
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Merrill Lynch Still Sees Massive Turnaround Upside in AK Steel

Analyst upgrades are a great opportunity for investors to reevaluate their positions in different markets, whether it is commodities or technology. In this case, Merrill Lynch sees a buying opportunity ...
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More Turnaround Concerns for Steel Industry, Including US Steel

Steel companies were supposed to be entering a turnaround in 2015. The strong dollar and weaker international markets have gotten in the way. Most earnings reports from the U.S.-based international ...
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Are Steel and Metal Stocks Forming a Bottom?

Investors are always on the lookout for solid value in stocks, and sometimes that value comes from down and out stock sectors. It turns out that many of the key steel ...
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Can US Steel Companies Ever Realize Their Turnarounds?

In the past three days, three steel companies have provided first-quarter guidance. One cut earnings forecasts drastically and the other two both offered weak outlooks. Nucor Corp. (NYSE: NUE) said ...
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As US Steel Idles Minn. Plant, Will More Plant Idling Follow?

The woes continue to pile on for United States Steel Corp. (NYSE: X) as it announced that it will be idling yet another plant. This might not be moving the ...
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AK Steel Turnaround Shows Through Earnings

AK Steel Holding Corp. (NYSE: AKS) has been caught between a rock and a hard place in its turnaround efforts. Just when the company looked as though it was recovering, ...
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Can Peabody and AK Steel Earnings Bring Turnarounds?

Tuesday is going to be a mess of the day in much of the Northeast, but corporate earnings will still be coming out in droves. Peabody Energy Corp. (NYSE: BTU) ...
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Falling Oil Forces US Steel Facility Closures

United States Steel Corp. (NYSE: X) will lay off roughly 750 employees between two plants, undoubtedly the result of falling oil prices. It is worth noting that these facilities are ...
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AK Steel Earnings Signal Turnaround Continues

AK Steel Holding Corp. (NYSE: AKS) reported its third-quarter results Tuesday before the market open as -$0.05 in earnings per share and $1.59 billion in revenue. Thomson Reuters had consensus ...
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