Tag Archives: Steel Dynamics

AK Steel (NYSE:AKS) Expects Narrower Quarterly Loss on Higher Prices – AKS, STLD, MT, X

AK Steel Holding Corporation (NYSE:AKS) reported that it projects quarterly net loss plunge from the fiscal Q4 because of higher selling prices and lower raw material outlays.

The West Chester, Ohio based company’s loss was around 9 cents to 13 …

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AK Steel (NYSE:AKS) Fiscal Fourth Quarter Loss Widens as Shipment Drops

AK Steel Holding Corporation (NYSE:AKS) announced on Tuesday that loss in fiscal Q4 widened as company’s prices and shipments both moved down.

On the other hand, shares of steelmaker moved up 4.1% to $4.28 in premarket after the corporation’s loss …

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Nucor (NYSE:NUE) Declares Fiscal Fourth Quarter Results

Nucor Corporation (NYSE:NUE) reported on Tuesday that its fiscal Q4 profit remained almost unchanged at $136.9 million or 43 cents per share, evaluated against $137.1 million or 43 cents per share in the similar period a year earlier.

The steel …

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Commercial Metals (NYSE:CMC) Posts Drop in Fiscal First Quarter Profit – CMC, STLD, NUE, GGB

Commercial Metals Company (NYSE:CMC) on Monday announced a sharp drop in profit for the Q1 as sales plunged in a tough economy and the earlier year results comprised a major tax benefit.

The Steel maker reported that net earnings attributable …

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Nucor Corp. (NYSE:NUE) CEO Dan DiMicco Leaving Post, Replaced by John F. Ferriola – NUE, STLD, SIM, CMC

US steelmaker Nucor Corp. (NYSE:NUE) reported that its Chief Executive Dan DiMicco would leave post at year-end and be replaced by President and Chief Operating Officer John F. Ferriola. Mr. DiMicco, 62 years, would act as an executive chairman.

DiMicco, …

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AK Steel (NYSE:AKS) Q4 Guidance Misses Wall Street Forecasts – NUE, STLD, CHK, MHR, HK, WFT, TROX, PEIX

AK Steel Holding Corporation (NYSE:AKS) reported on Tuesday that it anticipates per-share Q4 results to be lower than Wall Street forecasts. The company also declared median selling prices for the three months period will drop.

The steelmaker anticipates a loss …

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