Steel stocks soar as shortages are biting
441845
Steel shares hit seven-year highs yesterday after Nissan said the metal is in short supply in Japan. US Steel rose $3.30, or 7%, to $51.25, while Nucor surged $2.90 to $54.05, an all-time high.
513506
Multiple bids could drive the company's stock even higher.
248737
The company said earnings jumped because of shipments recovered after a labor dispute and a rise in demand for specialty metals used in power plants.
359655
Bid target Corus sees a sharp rise in third-quarter profits due to strong demand for steel in Europe.
642953
One new stock has left quite a footprint.
534446
India's Tata Steel sees its quarterly profits rise 41% as the construction boom in India fuels demand for its products.
524688
A barrage of economic releases triggered plenty of action in the currency and bond markets on Tuesday while US stocks received a much-needed fillip from a burst of takeover speculation in the metals and mining sector.
210392
The prices of lead and tin hit historic peaks here on Thursday, supported by tight global supplies and fierce demand for both base metals, analysts said.
664529
The price of platinum soared on Thursday past 2,000 dollars an ounce to a record as power shortages affected mining production in South Africa, the biggest supplier of the white precious metal, traders said.
161410
Japanese stocks rose for a second day, led by steelmakers such as JFE Holding Inc., after Nissan Motor Co. said a steel shortage will push it to suspend auto production at three plants, boosting optimism for metal demand.
172661
Stock in AK Steel Corp. and other publicly traded US steel companies posted large gains Monday on news of a three-way merger that&#39;ll create the world&#39;s largest steelmaker.
273206
A once-ailing heavy industry is now in heavy demand. The next step? Global consolidation. For the last decade, much of the West&#39;s steel industry has been in the doldrums.
476460
Stocks inched higher on Friday in lackluster post-Thanksgiving trading, helped by steel producers amid concerns of a steel shortage and retailers as consumers piled into
491088
The steel tubing company reports sharply higher earnings, but the stock is falling.
705634
Canadian stocks increased, led by producers of raw materials and energy including Alcan Inc., as copper and aluminum prices rose to nine-year highs amid sliding inventories and forecasts that demand will exceed production.
481013
U.S. and global steel markets are poised for medium and long-term growth, two top global steel executives said on Thursday.
19770
Bid activity in the steel sector led industrial metals groups higher, but European equity markets remained largely flat on Wednesday as losses for financial stocks weighed.