7 Infrastructure Stocks That May Benefit From President Biden's New Infrastructure Bill
Analyzing US Steel Companies’ Q2 Guidance and Outlook
U.S. Steel Corporation (NYSE:X), Nucor (NYSE:NUE), and Steel Dynamics (NASDAQ:STLD) have released their second-quarter guidance and outlook.
US Steel Stocks: Bleak Guidance Masks Infrastructure Push
Earlier this week, US steel stocks rose sharply amid reports that the Trump administration is weighing a $1 trillion infrastructure stimulus plan.
Energy & Utilities
Chesapeake Energy Bankruptcy: What You Need to Know
Citing unnamed sources, Reuters reported that Chesapeake Energy might file for bankruptcy this week. The stock has been very volatile this year.
For US Steel Stocks, China Is a Ray of Hope This Year
In 2020, China is a ray of hope for the global steel industry. China has recovered fast from the pandemic. The recovery has been V-shaped.
Analysts Have Different Views on US Steel Stocks in May
UBS is bearish on US steel stocks. Last week, UBS lowered Steel Dynamic’s target price from $43 to $32 and Nucor’s target price from $56 to $39.
US Steel Companies: Price Hikes amid COVID-19
U.S. Steel Corporation, Nucor, and ArcelorMittal announced a price hike earlier this month. US steel prices fell to multiyear lows amid COVID-19.
NUE and X to Report Q1 Earnings: What Should You Watch?
The earnings season is in full swing. This week, Nucor (NYSE:NUE) and U.S. Steel Corporation (NYSE:X) will likely release their first-quarter earnings.
US Steel Companies’ Q1 Earnings: What to Expect?
Steel Dynamics should report its first-quarter earnings after the markets close today. Other US steel companies’ earnings will follow in the coming weeks.
Could US Steel Prices Fall More amid COVID-19?
US steel prices have come under pressure this month following weakness in other industrial metals. The worst might not be over for industrial metals.
Should US Steel Mills Halt Production amid Coronavirus?
The AISI asked the Trump administration to classify the steel industry as “essential.” The industry wants to continue production despite the coronavirus.
CLF Stock Falls, Should You Bottom Fish?
CLF stock looks attractive from a long-term perspective. As a result, it’s a good time to do some bottom fishing in Cleveland-Cliffs.
Has U.S. Steel Stock Bottomed Out after the Sell-Off?
U.S. Steel Corporation has been in a free fall this year. The stock is trading at all-time lows. Recently, X has been hitting new lows.
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.
US Steel Stocks Fall Two Years after Trump’s Tariffs
Based on Monday’s closing prices, U.S. Steel (NYSE:X), Nucor (NYSE:NUE), and Cleveland-Cliffs (NYSE:CLF) have lost 28%, 24%, and 29%, respectively, in 2020.
US Steel Imports Rose in January, Don’t Blame China!
Domestic mills blame China for the domestic industry’s woes. However, China only exported about 24,000 metric tons of steel to the US last month.
Coronavirus Impacts US Steel Companies’ Frail Recovery
US steel companies’ stock prices have fallen this year amid the coronavirus scare. Concerns about the coronavirus hit the Chinese economy.
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.
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.
Company & Industry Overviews
Advanced Valuation Concepts: The Art of Valuing Stocks
Stock valuation is both an art and a science. We’ll look at some advanced valuation concepts, drilling down into the “art” part of valuing stocks.
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.
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.
Is Cleveland-Cliffs or U.S. Steel Stock More Attractive?
Cleveland-Cliffs (CLF) and U.S. Steel (X) stocks have underperformed markets this year. However, U.S. Steel has been strong in November.
Cleveland-Cliffs and U.S. Steel Await Another ‘Trump Effect’
Cleveland-Cliffs (CLF) and U.S. Steel (X) are in the red this year. As we head into the 2020 election, both companies desperately need another “Trump effect.”
CLF, U.S. Steel Corporation Read the Writing on the Wall
CLF and U.S. Steel Corporation are looking at electric arc furnaces, whose variable cost dynamics make them suitable for the cyclical steel industry.
Two Reasons US Steel Stock Is Surging Today
U.S. Steel stock (X) is trading with sharp gains today after the company released its Q3 earnings. Here’s why the market is so optimistic about X.
AK Steel Stock Fell after Q3 Earnings Miss
AK Steel (AKS) stock was trading deep in the red in after-market trade on Wednesday. Based on the YTD price action, the stock is outperforming its peers.
What to Watch in AK Steel’s Q3 Earnings Today
AK Steel’s Q3 earnings are expected today after the markets close. The company will hold its earnings call on Thursday. The stock might be volatile.
Why US Steel Short Sellers Might Lose on Their Bets
Things could turn around for the US steel sector, with mills pushing for price hikes. Earnings results this week could also surprise positively.
Cleveland-Cliffs: Analysts Weren’t Impressed after Q3
Analysts weren’t impressed with Cleveland-Cliffs’ third-quarter earnings. On Thursday, J.P. Morgan lowered its target price from $8 to $7.
US Steel Companies Call a Bottom after Prices Plummet
Domestic prices have plunged to a three-year low. However, US steel companies are calling it a bottom now in terms of pricing.
Can US Steel Stocks Gain from Trump’s Turkey Tariffs?
Trump imposed a 25% tariff on US steel imports in 2018, and he recently doubled Turkey’s Section 232 tariffs to 50%. Will this really help?
Are Trump’s US Steel Tariffs Just a Pawn in the Game?
US steel tariffs have been a pawn in the broader game. In order to get a bigger trade deal, the US looked amenable to relaxing the tariffs.
US Steel Stocks: Trade Optimism Versus Reality Check
US steel stocks spiked on Friday as trade deal optimism lifted equity markets. Metals and mining stocks were the biggest gainers in Friday’s trade.
Trump Steel Tariffs: Will History Repeat Itself?
Will President Trump lift the steel tariffs like President Bush? President Trump’s steel tariffs will likely remain due to his support base.
Will U.S. Steel’s New Structure Beat the Weak Market?
U.S. Steel announced a new organizational structure and operating model. Will the company’s latest transformational steps help it tide the weak market?
US Steel Stocks Survive a Downgrade from Moody’s
Moody’s turned bearish on the US steel sector and downgraded the sector’s outlook from stable to negative. However, US steel stocks have been largely stable.
‘Thriving’ US Steel Sector Could Face More Troubles in Q4
Trump has claimed that the US steel sector was “thriving” under his administration. However, steel stocks have looked weak.
US Steel Prices Fall, Plant Closures Follow
The bottom line is that steel prices are weaker due to global weakness and tepid US demand. President Trump’s trade war has impacted steel prices.
Finally, a U.S. Steel Investment Pleases the Markets
Today, U.S. Steel announced that it would acquire a 49.9% stake in Big River Steel. The stock is trading sharply higher today after the announcement.
US Steel Imports Fell: Don’t Celebrate Just Yet!
Preliminary data showed that US steel imports fell sharply in August after the spike in July. However, falling imports haven’t restored investor sentiments.
US Steel ‘Thriving’ No More as Big Bull Caves In
JPMorgan Chase analyst Michael Gambardella downgraded US steel stocks. Gambardella had been bullish on US steel stocks even when Wall Street turned bearish.
US Steel Stocks: Is the Island Party Finally Over?
US steel stocks have been volatile this year. September started on a strong note for steel stocks. However, the stocks were weak last week.
US Steel Guidance: A Negative Read for Cleveland-Cliffs
Cleveland-Cliffs (CLF) and its US steel peers are on a roller-coaster ride in 2019. CLF fell 25.5% in August alone. Year-to-date, it’s up 6.4%.
US Steel Companies’ Guidance Opens a Can of Worms
This week, three leading US steel companies provided their third-quarter earnings guidances. All these guidances were lower than analysts were expecting.
‘Thriving’ US Steel Companies Face Moment of Truth
Last month, Trump claimed that the US steel industry is “thriving.” With US steel companies set to release their guidance, we may see if Trump is right.
US Steel Stocks: Decoding the Good and Bad News
US steel stocks are flying high this month. U.S. Steel Corporation (X) has gained 19.5% so far, while AK Steel (AKS) is up 31.0%.
US Steel Stocks: Don’t Count Your Chickens Yet!
US steel stocks are rising today on multiple factors. There’s rising optimism over a US-China trade deal, and Chinese steel exports plummeted in August.