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Structural Steel News


Below are the very latest worldwide structural steel news items

02/22/2018 01:17 AM
Nucor Co. (NUE) Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. lowered its stake in shares of Nucor Co. by 10.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.

02/21/2018 08:36 PM
State of Wisconsin Investment Board Cuts Position in Steel Dynamics, Inc.

State of Wisconsin Investment Board trimmed its holdings in shares of Steel Dynamics, Inc. by 3.6% during the 4th quarter, reports. The institutional investor owned 505,477 shares of the basic materials company's stock after selling 19,002 shares during the quarter.

02/21/2018 03:51 PM
United States Steel (X) - Research Analysts' Weekly Ratings Updates

They now have a $52.00 price target on the stock, up previously from $41.00. 2/6/2018 - United States Steel had its price target lowered by analysts at Morgan Stanley from $46.00 to $42.00.

02/21/2018 01:32 PM
CalRecycle loans go to tissue maker, carpet recycler

The California Department of Resources Recycling and Recovery has approved nearly $4 million in new Recycling Market Development Zone loans for two businesses in the state. The business investments in Los Angeles and Placer counties, one to a carpet recycler and the other to a tissue producer, are expected to divert an additional 17,000 tons of carpet and paper from California landfills each year.

02/21/2018 08:47 AM
Reliance Steel & Aluminum Co (RS) Position Raised by Eagle Asset Management Inc.

Eagle Asset Management Inc. boosted its stake in Reliance Steel & Aluminum Co by 16.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 162,260 shares of the industrial products company's stock after purchasing an additional 22,462 shares during the quarter.

02/21/2018 03:49 AM
Gerdau sells Texas wire mill

Brazil-based Gerdau S.A. has agreed to sell its Beaumont, Texas, wire rod mill to Optimus Steel LLC for $92.5 million. The sale also includes "two downstream facilities, according to a statement released by Gerdau.

02/20/2018 11:02 PM
Brian M. Scott Sells 3,634 Shares of AMN Healthcare Services, Inc. (AMN) Stock

AMN Healthcare Services, Inc. CFO Brian M. Scott sold 3,634 shares of the company's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $55.03, for a total value of $199,979.02.

02/20/2018 06:02 PM
Harsco Co. (HSC) Receives Average Recommendation of "Buy" from Brokerages

Harsco Co. has received an average rating of "Buy" from the seven analysts that are covering the company, reports.

02/20/2018 12:47 PM
BlackRock Inc. Has $1.42 Billion Holdings in Nucor Co.

BlackRock Inc. raised its position in Nucor Co. by 3.2% in the 4th quarter, reports.

02/20/2018 07:49 AM
Stock Traders Buy Large Volume of Call Options on Reliance Steel & Aluminum

Reliance Steel & Aluminum Co was the target of some unusual options trading activity on Monday. Stock investors acquired 6,078 call options on the company.

02/20/2018 07:49 AM
MUFG Americas Holdings Corp Purchases Shares of 8,220 United States Steel Co.

MUFG Americas Holdings Corp purchased a new position in United States Steel Co. in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC.

02/20/2018 05:22 AM
American Century Companies Inc. Buys 39,129 Shares of Schnitzer Steel Industries, Inc.

American Century Companies Inc. boosted its stake in shares of Schnitzer Steel Industries, Inc. by 19.1% in the fourth quarter, reports. The fund owned 244,190 shares of the basic materials company's stock after purchasing an additional 39,129 shares during the period.

02/20/2018 02:58 AM
Tata Group seeks interested in Indian juice firm Hector Beverages

The Tata Group is reportedly in talks to acquire Hector Beverages and its popular Paper Boat brand of ethnic Indian juice drinks. A©PaperBoat The Tata Group is believed to be interested in India's Hector Beverages, owner of the popular Paper Boat brand of juice drinks.

02/19/2018 10:17 PM
Carlson Capital LP Lowered Its Ak Stl Hldg (AKS) Stake; Franklin Resources (BEN) Shorts Down By 2.82%

Franklin Resources Incorporated had a decrease of 2.82% in short interest. BEN's SI was 8.32M shares in February as released by FINRA.

02/19/2018 05:22 PM
Aeon Mall to open sprawling new facility at former Space World site in Kitakyushu as early as 2021

Shopping mall developer Aeon Mall Co. will open a commercial complex, by 2021 at the earliest, at a lot in Kitakyushu where amusement park Space World once stood, according to local government officials.

02/19/2018 12:43 PM
Olympic Steel, Inc. (ZEUS) Expected to Announce Quarterly Sales of $307.55 Million

Brokerages expect Olympic Steel, Inc. to report $307.55 million in sales for the current quarter, according to Zacks Investment Research . Two analysts have provided estimates for Olympic Steel's earnings, with estimates ranging from $302.10 million to $313.00 million.

02/19/2018 10:14 AM
Some analysts say raised tariff could be opportunity, amid jitters amongst investors

The US toughening sanction on steel imports will be a major blow to the steel pipe industry, the government and analysts said following the US Commerce Department's announcement on Friday to recommend imposing heavy tariffs or quotas on foreign producers of steel. "The Korean steel industry will be hit hard by the US trade restrictions.


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