|Bid||38.01 x 100|
|Ask||39.70 x 500|
|Day's Range||39.49 - 40.42|
|52 Week Range||32.15 - 41.66|
|PE Ratio (TTM)||18.41|
|Earnings Date||Jan 22, 2018 - Jan 26, 2018|
|Forward Dividend & Yield||0.62 (1.56%)|
|1y Target Est||41.73|
FORT WAYNE, Ind. , Dec. 15, 2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today provided fourth quarter 2017 earnings guidance in the range of $0.48 to $0.52 per diluted share. Estimated ...
ArcelorMittal (MT), the world’s largest steel producer, has risen 45.6% so far in 2017 based on December 13, 2017, closing prices.
Among all the iron ore miners as well as US steel stocks, Cleveland-Cliffs (CLF) has given the most negative return in the trailing three months, amounting to -19.5%.
Over the last couple of years, there has been a lot of divergence in analysts’ opinions of U.S. Steel Corporation (X).
Steelmaker Nucor blamed disappointing earnings on a flood of imports that peaked over the summer, adding that 2018 looks better.
Demand for the product in any sector is the driving force behind the production growth and outlook. Similarly, in the US steel sector, demand for steel drives the revenues for US steelmakers’ (SLX) revenue....
Nucor has been by far America's best steelmaking investment. Here's why one investor thinks it's worth buying now, even approaching a decade-high stock price.
The US (DIA)(DOW) iron ore segment contributes to most of Cleveland-Cliffs’ (CLF) revenues. Domestic US steelmakers are the main customers for this segment’s iron ore pellets.
The steel industry is cyclical and doing well right now, but if you stick with industry leaders, you'll be better off in the long run.
Several factors are working in steel companies' favor, including production cuts in China and a recent trade ruling.
FORT WAYNE, Ind., Dec. 7, 2017 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today commented that it is pleased with this week's announcement by the Department of Commerce (DOC) concerning the preliminary affirmative circumvention determination against flat roll steel from China processed into cold roll and corrosion resistant flat roll steel in Vietnam. The circumvention investigation was made pursuant to a petition filed by Steel Dynamics on September 22, 2016. "We are very pleased that Secretary Ross is taking steps to aggressively enforce U.S. trade laws," commented Mark D. Millett, President and Chief Executive Officer.
The Commerce Department's ruling provided a boost to the stocks of American steel companies that are struggling to cope with a renewed tide of cheap steel imports this year.
U.S. Steel (X) has the lowest forward valuation multiple in our coverage of steel stocks. The stock is trading at 4.97x its 2018 consensus EBITDA.
Steel stocks climbed a day after the Commerce Department said that it will slap huge tariffs on steel imports that originate in China but undergo processing in Vietnam to dodge anti-dumping duties.
Shares of steel companies rallied Wednesday, after the U.S. Commerce Department announced a preliminary ruling that certain steel products imported from the Socialist Republic of Vietnam made from substrate ...
Shares of AK Steel (AKS) and U.S. Steel (X) are heading higher on Wednesday, after the U.S. announced it will impose steep import duties on steel from Vietnam that originated in China. U.S. steelmakers won duties against Chinese steelmakers in the past two years, but imports continued to flood the U.S. While it sounds like a victory at first blush, and the market seems to think so, Axiom Capital's Gordon Johnson warns that investors shouldn't get too excited.
U.S. Steel (X) has a net-debt-to-EBITDA ratio of ~1.2x, while AK Steel’s (AKS) net-debt-to-EBITDA ratio is 4.02x, based on its TTM financials.
While U.S. Steel shed ~26% of its market cap after its 1Q17 earnings miss, AK Steel investors were left poorer by 21% after AKS's 3Q17 earnings miss.
Steel companies like ArcelorMittal (MT), U.S. Steel Corporation (X), and AK Steel (AKS) use coking coal as an input for their blast furnaces.