(Bloomberg) — U.S. Steel Corp. shares slumped after its earnings outlook fell short of analyst expectations, amid softer early-year demand and prices that have slipped from last year’s highs. The Pittsburgh-based company forecast adjusted earnings of $2.96 to $3 per share, below the Bloomberg consensus analyst estimate of $3.77. Average prices for steel so far […]
Read MoreBuy Price: $27.80 or better Sell Price: TradersPro Sell Signal Cleveland-Cliffs Inc. operates as a flat-rolled steel producer in North America. The company offers carbon steel products, such as hot-rolled, cold-rolled, electrogalvanized, hot-dip galvanized, hot-dip galvannealed, aluminized, enameling, and advanced high-strength steel products. The stocks founds in the One Hot Stock category use stocks that are in […]
Read MoreClick the symbol for the chart and signal Ryerson Holding Corporation (RYI) Ryerson Holding Corporation, together with its subsidiaries, processes and distributes industrial metals in the United States, Canada, Mexico, and China. It offers a line of products in carbon steel, stainless steel, alloy steels, and aluminum. Nucor Corporation (NUE) Nucor Corporation manufactures and sells […]
Read MoreWarrior Met Coal, Inc. produces and exports non-thermal metallurgical coal for the steel industry. It operates two underground mines located in Alabama. The company sells its metallurgical coal to a customer base of blast furnace steel producers located primarily in Europe, South America, and Asia. HCC $32.8100 1.3100 % 4.1600 Warrior Met Coal Inc Sector […]
Read MoreImperial Oil Limited (IMO) Imperial Oil Limited explores for, produces, and sells crude oil and natural gas in Canada. It operates through three segments: Upstream, Downstream, and Chemical. The Upstream segment explores for and produces crude oil, natural gas, synthetic oil, and bitumen. Cactus, Inc. (WHD) Cactus, Inc. designs, manufactures, sells, and rents a range […]
Read MoreStellus Capital Investment Corporation (SCM) Stellus Capital Investment Corporation is a business development company specializing in investments in private middle-market companies. It invests through first lien, second lien, unitranche, and mezzanine debt financing, often with a corresponding equity investment. New Jersey Resources Corporation (NJR) New Jersey Resources Corporation, an energy services holding company, provides regulated […]
Read More(Bloomberg) — Cleveland-Cliffs Inc. piled on to the bad news for the steel industry Friday, saying that demand remained weaker than expected at the end of the year. The biggest culprit was the ongoing chip shortages in the automotive industry that prevented Cliffs’ car customers from meeting demand in the fourth quarter of the year. […]
Read More(Bloomberg) — U.S. Steel Corp.’s boss says those betting on a further drop in steel prices are likely to be disappointed. Chief Executive Officer David Burritt doesn’t envisage domestic steel prices returning where they were in August, when they hit almost $2,000 per ton — they’re currently at $1,170 – but he does think the […]
Read MoreUsinas Siderúrgicas de Minas Gerais S.A. (USNZY) Usinas Siderúrgicas de Minas Gerais S.A. manufactures and markets flat steel products in Brazil and internationally. The company operates through four segments: Mining and Logistics, Steel Metallurgy, Steel Transformation, and Capital Assets. Gerdau S.A. (GGB) Gerdau S.A. provides steel products and services. It operates through four segments: Brazil […]
Read MoreBuy Price: $38.00 or better Sell Price: TradersPro Sell Signal Commercial Metals Company manufactures, recycles, and fabricates steel and metal products, and related materials and services in the United States, Poland, China, and internationally. The company processes and sells ferrous and nonferrous scrap metals to steel mills and foundries, aluminum sheet and ingot manufacturers, brass […]
Read MoreBirks Group Inc. (BGI) Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 23 owned dry bulk carriers and 8 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, […]
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