Worthington Industries Inc
Latest Worthington Industries Inc News and Updates
Interesting Times for Steel as Building Permits Surge in May
An increase in building permits is positive for the US housing market. In May, building permits increased by an impressive 25.4% on a year-over-year basis.
Key Housing Industry Indicators US Steel Investors Should Track
Analysts track new home sales as an important housing industry indicator. New home sales increased an impressive 24.8% in February.
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.
AK Steel Could Turn Free Cash Flow Positive In 2015
AK Steel expects to reduce its working capital and sell inventory in 2015. Its pension expenses will come down significantly in 2015, another positive sign.