steel prices
steel prices Articles
Metal and steel fabricator Commercial Metals Corp. (NYSE: CMC) reported second fiscal quarter earnings this morning, and the company’s EPS came in at $0.25, absolutely smashing the consensus...
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The projected slowdown in China’s GDP growth to 7.5% in 2012 has dampened demand for steel. Steel prices are flattening out and the result is that investors are seeing a drop in demand for iron...
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Steel maker Steel Dynamics Inc. (NASDAQ: STLD) today cut its EPS guidance by around 50% of the previous consensus estimate of $0.36. The company’s new forecast is for EPS of $0.15-$0.20. Nucor...
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Companies focused on mining and metals have been experiencing high volatility this year based on both the overall global economy and, in some cases, expected demand, especially from China. We have...
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The world’s largest mining company, BHP Billiton plc (NYSE: BHP) reported an increase in profits of 86% and a revenue increase of 36% for its 2011 fiscal year ended June 30th. But the company is...
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In today’s commodities news another automaker is raising prices to meet higher commodity prices, corn and wheat continue to jostle for position as the higher-priced food, and gold prices keep...
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Time now for our daily look at commodity prices and news. Swiss-based commodities trading house Glencore International AG is expected to conduct an IPO on the Hong Kong exchange around the end of...
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Swiss-based commodities trading house Glencore International expects to conduct an initial public offerin gon the Hong Kong exchange around the end of April. The company aims to raise $10 billion...
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