US Steelmakers&#39; Shares Fall on Concerns About China Exports
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US steelmakers&#39; shares declined, led by AK Steel Holding Corp., Nucor Corp. and US Steel Corp., amid concern that exports from China, the world&#39;s largest producer and consumer of steel, may create a supply glut.
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Factory activity in the US Mid-Atlantic region slumped in September to its lowest level in more than a year, a survey showed on Thursday, spurring fears the economy&#39;s
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U.S. stocks slid on Thursday after a   report said factory activity contracted in the U.S.   Mid-Atlantic region in September for the first time in over   three years, prompting worries about a slowdown in the U.S.   economy and corporate profits.
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China's steel imports declined over the first nine months of the year in reaction to higher international prices, while exports soared, state media reported Friday.
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned.
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U.S. stocks fell on Friday on concerns   that slowing economic growth would hurt corporate profits,   especially among large industrial corporations like Caterpillar   Inc.CAT.N
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US blue-chip stocks ended slightly lower in very light holiday trade on Thursday after falling steel shares limited advances as investors worried that weaker demand from China may depress prices.
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NEW YORK - US stocks fell on Tuesday as health insurers&#39; shares slid on worries that the New York attorney general&#39;s probe will hit the entire industry.
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Asian share markets staged a  broad-based retreat on Wednesday, led by steelmakers amid  warnings of price declines, but also enveloping technology and  financial stocks on worries that earnings may disappoint.
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U.S. stocks slid on Friday after a manufacturing index showed its weakest reading in more than three years, hurting shares of manufacturers like 3M Co.  and Caterpillar Inc., and adding to worries the U.S. economy was slowing too quickly.
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Japanese stocks fell Friday morning amid worries about a slowdown in the U.S. economy, Japan's biggest export market. Exporters and pharmaceutical firms led the decline.
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U.S. Steel has its share of problems. Don't let them become yours.
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Stocks tumbled on Tuesday, sending the benchmark S&P 500 index to its biggest one-day slide in more than 3-1/2 years as China's equity market sell-off fanned worries that stock valuations there are too high and some data indicated U.S. economic growth may slow.
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Facing stiff competition from China and the European Union, the United States is rapidly losing economic clout in Asia, with its export share dropping in most of 34 countries surveyed in the region, the US commerce secretary said Thursday.
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Asian stocks were mixed in thin  pre-holiday trade on Friday, with steel shares tracking a fall  in the U.S. steel sector overnight on concerns about slackening  China demand.
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Increased Chinese steel exports give the industry indigestion.
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U.S. factory production shrank in December for the first time in nearly a year, sparking fears the economy may be headed for recession and sending stocks sharply lower.