Industry news drives AK Steel stock
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Stock in AK Steel Corp. and other publicly traded US steel companies posted large gains Monday on news of a three-way merger that&#39;ll create the world&#39;s largest steelmaker.
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A once-ailing heavy industry is now in heavy demand. The next step? Global consolidation. For the last decade, much of the West&#39;s steel industry has been in the doldrums.
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TOKYO: Japan&#39;s Nikkei average inched higher on Thursday, helped by gains in steel producers like JFE Holdings after Nissan Motor said it was suffering from a shortage of steel.
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U.S. stocks rose slightly in light  trading  on Thursday after data gave a mixed picture of the  U.S. economy, but steel shares fell as investors worried about  weaker demand from China that could depress steel prices.
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Taser International Inc. TASR.O  shares were up more than 6 percent in premarket trading on  Tuesday after the stun gun maker said it had received orders  totaling more than $1 million.
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Asian stocks were mixed in thin  pre-holiday trade on Friday, with steel shares tracking a fall  in the U.S. steel sector overnight on concerns about slackening  China demand.
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U.S. stocks barely budged on Thursday  after data gave a mixed picture of the U.S. economy and volume  was light but steel stocks suffered on investor worries about  weak Chinese demand that could push steel prices lower.
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Shares in Africa's biggest steel producer surge to a record high on the back of strong interim profits
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Last year was a banner year for the steel industry. So why is the investment community so divided over steel's future?
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US steelmakers&#39; shares rose sharply yesterday, with US Steel, Allegheny Technologies and Nucor (which operates a mill in Seattle) reaching their highest prices in at least seven years, after Nissan said the metal is in short supply in Japan.
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HONG KONG (Dow Jones)--China&#39;s Angang New Steel Co. (0347.HK) said Friday it will buy iron and steel assets from its state-owned parent in a US2.2 billion deal that will almost double its earnings per share in two years&#39; time.
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Asian stocks were mixed in thin pre-holiday trade on Friday, with steel shares tracking a fall in the U.S. steel sector overnight on concerns about slackening China demand.
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The Russian government will sell its stake in the nation's largest steel mill, Magnitogorsk Iron &amp; Steel Works, at an open auction next month, the Russian Federal Property Fund said Friday.
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China's leading aluminum producer has been on a tear. Is it time to pick up shares?
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The world's biggest steelmaker stacks up impressively against the competition.
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Russian aluminium producer Rusal could put some of its shares up for sale on the London stock market as soon as November, in the biggest global initial public offering (IPO) this year, the Financial Times reported on Friday.
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The steelmaker faces serious headwinds, but it has the resources to batten down the hatches.