|Day Low/High||6.02 / 6.18|
|52 Wk Low/High||3.87 / 11.39|
Second quarter shipments fell 6% to 1,465,200 tons compared to the second quarter a year ago, "primarily as a result of a decrease in automotive demand."
Wall Street's first glimpse at the second quarter.
The collapse of the Sino-American session on tariffs and access translates into market action for investors, and inaction on improved trade.
The European Central Bank has had their foot on the gas for a while.
Steel Dynamics is worth watching as it reports earnings.
Stocks are higher as earnings season begins.
Stocks are mostly higher as earnings season begins.
Would potential US steel tariffs mean a global trade war is imminent?
There is nothing about this that smells like a rally.There is nothing about this that smells like a rally.
But in 1998-1999 we were already late in the cycle, and managed to see Nasdaq double from that point.
The government could cause steel stocks to rally.
Jim Cramer focuses in on AK Steel Holdings, Cara Therapeutics, Nucor, and Smart and Final Stores.
The real exaggeration, says Jim Cramer, may be the influence of the bond market. But you can't ignore bonds, either.
Longbow upgraded several steel stocks on Monday, citing strong evidence of an improved steel distribution market.
Olin said his industry contacts see a $50 to $60 per ton jump in steel prices by year end, making for a $630 to $640 per ton price.
Steel stocks like AK Steel, U.S. Steel, Steel Dynamics and Nucor have a lot more upside. At least, according to one analyst.
Other steel shares followed Nucor down, including AK Steel and U.S. Steel.
Steel stocks are rallying following an after-hours tweet from President Donald Trump on Friday night.
This steel giant is triggering a buy signal after Trump's latest Twitter post.
A study of analyst recommendations at the major brokerages shows that AK Steel Holding Corp. is the #35 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel.
Credit Suisse lifted the sector to overweight from underweight based on expectations that prices will bottom this summer and begin to rebound in the third quarter.
Here are Friday's top research calls, including an upgrade for Walmart and new coverage of AK Steel, IBM, Nvidia and Thermo Fisher.
With the Fed and the healthcare vote out of the way, markets will focus on earnings in the week ahead.