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Economy & Markets

The latest headlines on the state of the economy and markets driving the supply and demand of steel.

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Universal Stainless Has Positive Outlook for Its End Markets

31 Oct 2014 - Universal Stainless & Alloy Products Inc. provided a short term outlook as it posted solid third quarter results.

CMC Reports Quarterly Earnings, Sees Continued Market Growth

31 Oct 2014 - As it reported its earnings for the quarter ended 31 August 2014, Commercial Metals Co. said that, while macroeconomic and geopolitical concerns remain, all indications suggest continued market growth in fiscal 2015.

Schnitzer Steel Reports Strong Quarterly Performance

30 Oct 2014 - Schnitzer Steel Industries said its fourth quarter improvement reflects its strong focus on executing productivity improvements and maximizing market opportunities in a still challenging environment.

U. S. Steel Reports Highest Segment Operating Results Since Q3 2008

29 Oct 2014 - While reporting its quarterly earnings results, U. S. Steel said progress on its Carnegie Way initiative has so far exceeded expectations in its multi-year journey.

SunCoke Reports Strong Q3 Operational Results

29 Oct 2014 - As it reported its third quarter earnings results, SunCoke Energy said it believes it can continue to sustain solid performance in its coke and coal logistics segments.

Cliffs Reports Q3 Earnings, Outlook for Remainder of 2014

29 Oct 2014 - As it reported its third quarter earnings, Cliffs Natural Resources said it expects domestic steel production and the corresponding demand for steelmaking raw materials to be supported directly by construction activity, energy extraction and motor vehicle production in the near term.

Reliance Pleased by Q3 Demand Growth Despite Seasonal Headwinds

28 Oct 2014 - Reliance Steel & Aluminum Co. reported its financial results for the third quarter ended 30 September 2014.

Carpenter Reports Difficult Start to Q3 but Improvement Seen

27 Oct 2014 - Carpenter Technology Corp. announced financial results for the quarter ended 30 September 2014.

Nucor's Steel Mills Perfom Better Than Expected in Q3

23 Oct 2014 - As it reported its third quarter earnings results, Nucor said overall operating performance at its steel mills was much improved compared to the second quarter of 2014 due to increased profitability in sheet, structural, bar and plate steel.

ATI Announces Q3 2014 Results; Outlook Bright

22 Oct 2014 - As it reported its third quarter 2014 results, Allegheny Technologies Inc. said is is seeing a lot of global uncertainty in short cycle markets and expects to see cautious inventory management in the short term.

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