AK Steel Holding Corp
Most Recent
US Steel Industry Seeks More from ‘Tariff Man’ Trump
The US steel industry wants more tariff protection from the Trump administration. In 2018, President Trump imposed a 25% tariff on US steel imports.
Why Is CLF Stock Sagging near 52-Week Lows?
Cleveland-Cliffs (NYSE:CLF) stock is trading near its 52-week lows amid the coronavirus scare. The outbreak has impacted the Chinese steel industry.
CLF and U.S. Steel Stock Fall, Coronavirus Spreads
Cleveland-Cliffs and U.S. Steel Corporation stocks have fallen this week amid the broader market sell-off. The sector barely recovered from the trade war.
Why CLF Stock Fell after Its Q4 Earnings Release
CLF reported its fourth-quarter earnings on February 20 before the markets opened. The company generated revenues of $534 million in the quarter.
Does Trade Theory Back Up Trump’s Steel Tariffs?
Recent research has found that Donald Trump’s tariffs have been almost entirely passed onto US consumers—except for his steel tariffs.
Why CLF Stock Could Have an Eventful 2020
AK Steel’s acquisition would make 2020 a crucial year for CLF. The company needs to make a lot of strategic decisions about AK Steel.
Could US Steel Stocks Be a Contra Play in 2020?
Overall, 2019 was a mixed year for US steel stocks. However, due to the rally in the fourth quarter, most stocks managed to close the year with gains.
Why US Steel Stock Underperformed Peers in 2019
U.S. Steel stock (X) has underperformed peers so far in 2019. Notably, it’s the only leading US steel name that’s trading with a YTD (year-to-date) loss.
Ross Defends Trump’s Steel Tariffs as Layoffs Mount
US Commerce Secretary Wilbur Ross defended President Donald Trump’s Section 232 steel and aluminum tariffs in a recent interview.
A Look at Analysts’ Top 5 US Steel Stocks
In this overview article, we’ll see how analysts are rating the leading steel stocks, and we’ll also compare performance from the top five steel companies.
Can US Steel Stocks’ Santa Claus Rally Continue?
US steel stocks have been on fire in the fourth quarter and have outperformed the broader markets. However, they’re still far below last year’s highs.
How CLF Could Benefit from the USMCA
The US, Canada, and Mexico signed the United States–Mexico–Canada Agreement. The automotive and steel rules look good for Cleveland-Cliffs (CLF).
Does the USMCA Still Have a Steel Problem?
The USMCA (United States–Mexico–Canada Agreement) was signed last year. However, only Mexico has ratified the agreement so far.
For the US Steel Industry, China’s No Longer the Villain!
For a long time, US steel producers blamed Chinese steel exports for depressing prices. However, Chinese exports have fallen sharply this year.
CLF and AKS Merger: Could Goncalves Be the X Factor?
Apart from all of the synergies and strategic rationales, CLF’s current management team, especially Goncalves, might be the X factor for the transaction.
CLF Acquires AKS: A Match Made in Heaven?
Yesterday, Cleveland-Cliffs (CLF) announced that it would acquire AK Steel (AKS) at a premium of 16% over both stocks’ December 2 closing prices.
CLF Buys AK Steel: A Win-Win Transaction?
Today, Cleveland-Cliffs (CLF) announced that it was buying AK Steel (AKS), a flat rolled steel producer that supplies mainly to the automotive sector.
US Steel Stocks: Can Trump Play ‘Santa’ Yet Again?
President Trump tweeted that the Section 232 steel and aluminum tariffs would be restored for Brazil and Argentina. Could this Santa Claus rally continue?
CLF Might Benefit, US Steel Imports Tumble
Cleveland-Cliffs (CLF) stock has risen 12.7% this month. The stock has risen 9.2% YTD (year-to-date) based on its closing prices on Tuesday.
Is the US Steel Industry Finally ‘Thriving’ This Month?
Based on yesterday’s closing prices, U.S. Steel Corporation (X), AK Steel (AKS), and Nucor (NUE) were up 20.2%, 14.8%, and 3.8%, respectively, this month.
