TimkenSteel Corp
Latest TimkenSteel Corp News and Updates

January Steel Imports: Should We Cheer or Worry?
Steel executives have been regularly blaming the steep rise in US steel imports as the main reason for their woes. Last year, three companies presented their cases before members of Congress.

Will Alcoa Suffer the Same Fate as US Steel Companies?
If China doesn’t cut its aluminum smelting capacity meaningfully, aluminum might suffer the same fate as steel. US steel companies have been reeling under the impact of steel imports for quite some time.

Bridgewater Associates Opens Position in US Steel Corporation
In 4Q14, Bridgewater Associates started a position in US Steel Corporation (X). X accounted for 0.12% of the fund’s total fourth-quarter portfolio.

What Analysts Recommend for CLF ahead of 4Q17 Results
Out of the nine analysts covering Cleveland-Cliffs (CLF) stock, 55.6% rate it as a “hold.”

Cliffs Natural Resources: Fighting All Odds to Soar in 1Q16
On a relative basis, Cliffs Natural Resources (CLF) has outperformed other iron ore miners by a wide margin. It had a YTD rise of 182% as of April 19, 2016.

Scrap or Iron Ore: What Drives US Steel Prices?
Even the recent uptick in US steel prices has been accompanied by strength in steel scrap prices.

US Steel Demand Indicators Have Been Mixed
Looking at steel demand indicators, we see that construction activity has generally been strong in 2015, with spending in the United States exceeding $1 trillion for seven consecutive months.

Chinese Steel Demand Indicators Have Faltered
If you’re an investor in any of the steel companies (XME), you should explore how the Chinese (FXI) steel demand is playing out.

Why July Import Data Offers a Ray of Hope to US Steel Companies
US steel imports have now fallen on a yearly basis for four consecutive months.

Construction Spending Surges past the $1 Trillion Mark
May construction spending data, released on June 1, came in at a SAAR of $1.04 trillion. This is the second straight month where construction spending has passed $1 trillion SAAR.

U.S. Steel Brings Steel Industry Woes to Congresspeople
A massive increase in steel imports has been the single biggest risk for the US steel industry. U.S. Steel faces challenges in its tubular segment also.

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.

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.

Global Steel Production Increased 0.6% in February
A low capacity utilization rate increases competition between existing industry players. This pressures steel prices as producers try to increase sales.