|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||27.95 - 28.57|
|52-week range||17.05 - 41.83|
|PE ratio (TTM)||179.94|
|Forward Dividend & Yield||0.20 (0.72%)|
|1y target est||N/A|
Of the 15 analysts polled by Thomson Reuters on October 16, three rate U.S. Steel stock as a “strong buy,” while five analysts have issued a “buy” rating.
Analysts expect Cleveland-Cliffs’ (CLF) EBITDA to be $162.8 million for 3Q17. This implies a rise of 165.0% year-over-year and 19.5% sequentially.
There's been a lot of action in the US steel space in the past month, and we’ve seen analysts revise their ratings to reflect the view of steel stocks ahead of 3Q17 results.
The 3Q17 earnings season for steel investors will start this week with Steel Dynamics’ earnings release on October 18, followed by Nucor’s results on October 19.
Kobe Steel has been engulfed in a crisis after the company admitted that it had falsified data related to some of its products.
On October 10, reports surfaced that Commercial Metals (CMC) was looking to buy rebar mills and some rebar fabrication operations from Gerdau.
US steel stocks have had a tepid year after the spectacular rally last year, and there's a sense of apprehension in the market that US steel prices could go lower.
The Chinese steel industry, which has been cited for the disruption in global steel markets (MT), is outperforming most other regions this year.
Steel Dynamics (STLD) is expected to release its 3Q17 earnings on October 18 after markets close and to hold its earnings conference call the next day.
We're now getting into 3Q17 earnings season. Steel Dynamics plans to be the first major steel company to report its earnings, on October 18, followed by Nucor (NUE) on October 19.
The National Congress of the Communist Party of China (or CPC) is scheduled to begin on October 18. The event, which takes place every five years, should be closely followed by…
In this article, we’ll look at the key data points U.S. Steel Corporation (X) investors should follow this month. Since China is the world’s largest steel consumer, the country’s economic…
In the previous article, we looked at a possible outcome for U.S. Steel Corporation (X) if US steel prices don’t fall in 4Q17 amid lower steel scrap prices. However, it’s worth…
As noted previously, steel scrap prices have been weak this month. Weakness in steel scrap prices could trigger a downwards correction in US steel prices, as we’ve seen frequently. On…
The US steel industry is having a tepid year. U.S. Steel Corporation (X), AK Steel (AKS), and Nucor (NUE) are trading with year-to-date losses.
Currently, there isn't a major positive trigger for US steel prices next year—apart from some sort of trade protection from the Trump Administration.
China is taking measures to address its rising pollution levels. The measures include shutting down the polluting steel, aluminum, and coal capacity.
As steel scrap prices fall, companies’ scrap processing operations tend to be impacted negatively. They get stuck with high-cost inventories.
How US steel prices could fare in 4Q17 depends on several factors including raw material prices (CLF) and movement in Chinese steel prices.
Despite a raft of stringent trade actions and threats of further future measures, imports of cheap steel continue to make inroads into the American market.
AK Steel (AKS) is ranked fourth in terms of the percentage of "buy" or higher recommendations among the select group of steel stocks that we’re comparing in this series.
In general, markets were bearish on U.S. Steel last month. A downwards correction in Chinese steel prices, as well as iron ore prices, dampened US market sentiment.