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Structural Steel News

     

Below are the very latest worldwide structural steel news items

     
01/23/2018 11:16 PM
Somewhat Favorable News Coverage Somewhat Unlikely to Impact Gerdau (GGB) Share Price

Headlines about Gerdau have trended somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources.


01/23/2018 01:35 PM
Zacks: Brokerages Expect Tenaris SA (TS) to Announce $0.20 Earnings Per Share

Wall Street analysts forecast that Tenaris SA will post $0.20 earnings per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Tenaris' earnings.


01/23/2018 08:49 AM
Contrasting Olympic Steel

SunCoke Energy and Olympic Steel are both small-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their profitability, valuation, dividends, earnings, analyst recommendations, institutional ownership and risk. Olympic Steel has a consensus price target of $19.00, suggesting a potential downside of 22.23%.


01/23/2018 04:13 AM
India, Iran Sign $2-Billion Deal For Rail Sector Cooperation

This development could bring some cheer to India's Steel Authority of India Limited , the state-run corporation that has a monopoly in the supply of railway tracks, and some of the domestic steel companies. India and Iran recently signed a deal worth U.S. $2 billion for cooperation in the rail sector.


01/23/2018 04:13 AM
Quanex Building Products Co. (NX) Receives Average Rating of "Hold" from Brokerages

Shares of Quanex Building Products Co. have been given an average rating of "Hold" by the six analysts that are covering the firm, Marketbeat reports.


01/23/2018 01:59 AM
BDC acquires 72 acres of land in Weirton

The Business Development Corp. of the Northern Panhandle has acquired 72 acres of land within the Three Springs Business Park, in Weirton, with plans for a multi-million-dollar redevelopment project. The property was purchased in late December for an undisclosed price from Park Drive Development LLC, a group of local investors who will remain involved in the project.


01/22/2018 11:43 PM
AK Steel (AKS) Bonds Drop 0.8% During Trading

An issue of AK Steel Holding Co. debt fell 0.8% as a percentage of its face value during trading on Monday.


01/22/2018 11:43 PM
Contrasting Kubota

ITT and Kubota are both mid-cap multi-sector conglomerates companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability. 92.5% of ITT shares are owned by institutional investors.


01/22/2018 11:43 PM
Contrasting ITT

ITT and Kubota are both mid-cap multi-sector conglomerates companies, but which is the superior stock? We will contrast the two businesses based on the strength of their risk, earnings, dividends, analyst recommendations, institutional ownership, valuation and profitability. 92.5% of ITT shares are owned by institutional investors.


01/22/2018 09:36 PM
POSCO (PKX) Given Daily Media Sentiment Score of -0.06

News articles about POSCO have been trending somewhat negative recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time.


01/22/2018 09:36 PM
Brokerages Set Nucor Co. (NUE) Price Target at $69.50

Shares of Nucor Co. have received a consensus recommendation of "Buy" from the seventeen ratings firms that are covering the company, MarketBeat.com reports.


01/22/2018 07:14 PM
Mid-Afternoon Market Update: Bioverativ Climbs Following $105/Share...

Toward the end of trading Monday, the Dow traded up 0.17 percent to 26,115.51 while the NASDAQ gained 0.60 percent to 7,380.30. The S&P also rose, gaining 0.39 percent to 2,821.31.


01/22/2018 02:35 PM
Tata Group plans to merge 5 pvt equity units into single $1bn fund

MUMBAI: The Tata Group is considering a rejig of its private equity business by combining multiple middle-market offerings into a single big fund. Group company Tata Capital runs five funds totalling over $1 billion - making it the largest corporate-sponsored PE franchise in the country - and had struck investments in companies like Uber Technologies and Star Health Insurance.


01/22/2018 09:48 AM
FY2018 EPS Estimates for Harsco Co. Lifted by KeyCorp

Research analysts at KeyCorp upped their FY2018 earnings per share estimates for Harsco in a note issued to investors on Thursday. KeyCorp analyst J. Hammond now forecasts that the industrial products company will post earnings of $0.90 per share for the year, up from their previous estimate of $0.83.


01/22/2018 07:23 AM
Koshinski Asset Management Inc. Acquires Shares of 6,191 United States Steel Co.

Koshinski Asset Management Inc. acquired a new position in United States Steel Co. during the fourth quarter, according to its most recent filing with the SEC.


01/22/2018 04:50 AM
6 Stocks To Watch For January 22, 2018

Wall Street expects Netflix, Inc. to post quarterly earnings at $0.42 per share on revenue of $3.28 billion after the closing bell. Netflix shares gained 0.06 percent to close at $220.46 on Friday.


01/22/2018 02:34 AM
Japan steel federation: China steel output under control despite record 2017

Japan Iron and Steel Federation chairman Kosei Shindo said on Monday China's steel output remains under control despite record output from the world's top producer in 2017, citing abolition of illegal Chinese steel production and solid local demand. Shindo, who is also president of Nippon Steel & Sumitomo Metal Corp, said he is worried about higher prices of steel-making raw materials, such as coking coal and iron ore, especially as cyclone season approaches in Australia.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

       
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