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Zacks News
Steel Stocks to Gain From Kobe Steel Data Fabrication Issue
by Zacks Equity Research
We believe that supply disruption caused by major players like Kobe Steel will increase growth opportunities for other steel producers, like AK Steel Holding, Steel Dynamics and Gerdau.
Gerdau to Divest Chilean Steel Units, Offers to Buy Bonds
by Zacks Equity Research
To manage its debt burden, Gerdau S.A. (GGB) is set to divest its Chilean long steel industrial units for $154 million. It has also commenced a cash tender offer for $500 million worth of Bonds.
Here's Why You Should Hold on to POSCO (PKX) Stock for Now
by Zacks Equity Research
POSCO (PKX) will gain from diversified business structure, growth in global steel demand and strategic initiatives. High debt, competition and weakness in domestic steel market remain issues.
Auto, Construction Sectors: Pillars of the Steel Industry
by Zacks Equity Research
Expectations of increased infrastructure-related spending in the United States have thrust steel company stocks to new highs.
Is Kobe Steel (KBSTY) a Great Stock for Value Investors?
by Zacks Equity Research
Let's see if Kobe Steel, Ltd. (KBSTY) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Bear of the Day: Schnitzer Steel (SCHN)
by Brian Hamilton
Declining steel, and ferrous scrap prices are a massive headwind for this company
Bear of the Day: Schnitzer Steel (SCHN)
by Brian Hamilton
Declining steel, and ferrous scrap prices are a massive headwind for this company.