steel prices

Steel Demand and Prices Expected to Jump for Rest of 2019: 5 Top Stocks to Buy

Posted: August 13, 2019 at 6:45 am

Despite the doom and gloom about the trade war between the United States and China, discussion of a big-time infrastructure package for the country is making the rounds in Washington, ...
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Will the Last Analyst to Downgrade Steel Turn Out the Lights?

Posted: June 4, 2019 at 1:45 pm

The U.S. steel industry was poised to recover in April. The world was still awash in steel producing capacity, but the overall business climate was setting up to support steel ...
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Why Deutsche Bank Sees More Pain Coming for Major Steel Stocks

Posted: May 30, 2019 at 10:35 am

There is more pain coming for the steel industry. At least that is the take from Deutsche Bank. If investors were only looking at the price of steel stocks, they ...
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Will US Steel Create a Rerating of Battered Steel Stocks?

Posted: May 3, 2019 at 12:00 pm

Despite some still fairly new tariff protections for the steel industry, the global hiccup in growth has been hard on the U.S. steel industry. Oversupply and overcapacity concerns continue to ...
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Troubles Mount for US Steel as Credit Suisse Says ‘Sell’

Posted: April 9, 2019 at 11:20 am

The steel and metals industries are at an interesting crossroads this year. While the United States is in dire need of infrastructure repairs, requiring vast amounts of domestic steel, there ...
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Big Analyst Upside Called For in Steel and Metals for Commercial Metals Company

Posted: March 22, 2019 at 10:40 am

Commercial Metals Co. (NYSE: CMC) managed to close up 8% at $17.37 a share on Thursday after the company's earnings were hurt by weather and rain but still managed to ...
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The 8 Things That Have Kept Inflation Near 0%

Posted: March 4, 2019 at 6:45 am

U.S. inflation is not 0%, but it is fairly near, up only 1.9% in January. A recovery of the sort America has gone through since the bottom of the Great ...
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Jefferies Says Higher Prices Make Top Steel Plays Solid Buys Now

Posted: March 1, 2019 at 6:55 am

One of the biggest priorities facing what is now a very divided Congress is the need to start fixing what is an old and worn out United States infrastructure. This ...
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Steel Prices and Demand Moving Higher: 4 Top Stocks to Buy Now

Posted: February 8, 2019 at 7:25 am

One item that was included in the State of the Union speech but did not gain a lot of traction during the following media claw-through was the fact that both ...
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Time to Buy 3 Industrials After Serious Earnings Weakness?

Posted: October 22, 2018 at 12:20 pm

Investors have known for years that equities and entire sectors can be quite volatile around each quarter's earnings reports. It turns out that the strength in the third-quarter earnings reporting ...
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What Nucor, Steel Dynamics Earnings Indicate About the Industry and Tariffs

Posted: October 18, 2018 at 11:30 am

Steelmakers Nucor Corp. (NYSE: NUE) and Steel Dynamics Inc. (NASDAQ: STLD) have now reported third-quarter results, and reports are due from Arcelor Mittal (NYSE: MT), AK Steel Holding Corp. (NYSE: ...
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Zekelman Industries Closes in on IPO

Posted: September 7, 2018 at 11:55 am

Zekelman Industries has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company intends to price its 41.75 million ...
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Zekelman Gears Up for IPO

Posted: August 20, 2018 at 10:25 am

Zekelman Industries has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, although ...
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Despite Trade Worries, Analyst Sees Steel Industry Earnings Surging: 5 Stocks to Buy

Posted: July 18, 2018 at 8:05 am

It has probably been the most discussed economic and political story of 2018, and it is one that probably will stay front and center for some time. After years of ...
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Why Goldman Sachs Is Pounding the Table for Investors to Buy Commodities for the Rest of 2018

Posted: July 5, 2018 at 12:00 pm

If there is one brokerage and investment banking firm whose views can influence investors' decisions about issues large and small, Goldman Sachs likely fits that bill. After all, its focus ...
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