Carpenter Technology Corp

Latest Carpenter Technology Corp News and Updates

  • uploads///steel scap
    Company & Industry Overviews

    U.S. Steel to Invest in Value-Added Steel as Part of Carnegie Way

    Value-added steel products sell at higher prices compared to standard steel products. This is also part of the Carnegie Way plan.

    By Mohit Oberoi, CFA
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    Macroeconomic Analysis

    US Service Center Steel Buying Continues to Sag

    Lower steel demand from service centers is negatively impacting steel companies’ shipments. Almost all steel companies expressed concern over the lower service center buying activity.

    By Mohit Oberoi, CFA
  • uploads///Steel prices
    Earnings Report

    Cliffs’ US Iron Ore Division: What Led to the Volume Downtrend?

    Due to the state of the US steel industry, Cliffs Natural Resources decreased the volume guidance for its US iron ore by 1.5 tons to 20.5 tons.

    By Anuradha Garg
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    Earnings Report

    AK Steel Posts 1Q 2015 Loss but Gets Better Average Selling Price

    AK Steel makes almost 75% of its sales with contracts. Revenues from contract customers is less vulnerable to volatility in the spot market.

    By Mohit Oberoi, CFA
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    Macroeconomic Analysis

    Analyzing the US Steel Industry: What Can Investors Expect?

    US Steel demand had double-digit growth last year. However, the World Steel Association expects US steel consumption to be lower this year.

    By Mohit Oberoi, CFA
  • uploads///chinese steel exports
    Macroeconomic Analysis

    China’s March Steel Exports Decline to Lowest Level in 8 Months

    China’s steel exports registered a year-over-year (or YoY) decline of 15% in March.

    By Mohit Oberoi, CFA
  • uploads///China interest rates
    Macroeconomic Analysis

    Would the Cut in Bank Reserves Help China’s Steel Industry?

    In March, Chinese exports declined by 15% on a YoY basis. The latest cut in bank reserves is another step by China (FXI) to address its slowing economy.

    By Mohit Oberoi, CFA
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    Macroeconomic Analysis

    Is There an End in Sight for Worsening Steel Industry Indicators?

    The steel industry indicators in 4Q14 failed to instill any confidence among analysts. Most steel companies have delivered negative returns in the stock market.

    By Mohit Oberoi, CFA
  • uploads///EAF
    Macroeconomic Analysis

    Why U.S. Steel Will Benefit From Electric Arc Furnaces

    There are two basic types of steel production processes: blast furnace (or BF) and electric arc furnace (or EAF).

    By Mohit Oberoi, CFA
  • uploads///china building sales
    Macroeconomic Analysis

    Building Sales in China Witness Biggest Monthly Drop in 3 Years

    Property prices have also been weak in China. New home prices have fallen in 66 out of 70 top Chinese cities and in January, prices had fallen in 64 cities.

    By Mohit Oberoi, CFA
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    Company & Industry Overviews

    U.S. Steel Extends Its Transformation Amid a Challenging Market

    U.S. Steel has an iconic past, but it has lost a lot of its sheen in the last few years. However, it’s working on a transformation program.

    By Mohit Oberoi, CFA
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