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Posts Tagged ‘US’

US construction spending drops by $5.5 billion – Journal of Commerce

US construction spending drops by $5.5 billionJournal of Commerce“What's clear from this data is that the downturn in nonresidential construction spending is far from over,” said AGCA chief economist Ken Simonson. …

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Plate & rebar prices moving upwards again – The Steel Index – Steel Business Briefing (subscription)

Plate & rebar prices moving upwards again – The Steel IndexSteel Business Briefing (subscription)The latest reference prices released by The Steel Index show that European plate and rebar and US plate prices are all higher since last week. …

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Sector Snap: Steel prices to rise, analyst says – BusinessWeek

Sector Snap: Steel prices to rise, analyst saysBusinessWeekRising steel prices, driven by climbing raw material costs, will benefit vertically integrated steel makers such as United States Steel Corp., …Goldman picks U.S. Steel to outperform AK SteelMarketWatchUS Steel Shares Up 1.8% After Goldman Raised Stock To Buy (X)FOXBusinessStock Picks: US Steel Up, AK Steel DownSmartmoney.comSteelOrbis (registration) -TheStreet.comall [...]

AIG, Cisco, Crown Castle, RF Micro Devices: US Equity Movers – BusinessWeek

AIG, Cisco, Crown Castle, RF Micro Devices: US Equity MoversBusinessWeekThe second-largest US steelmaker was raised to “buy” from “neutral” at Goldman Sachs Group Inc., which said it expects steel prices to rise. …
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Franke, higher copper prices help Quadra post earnings of US$80.5mn in 2009 … – Business News Americas

CBC.ca

Franke, higher copper prices help Quadra post earnings of US$80.5mn in 2009 …Business News AmericasLower revenues from the Robinson mine in the US due to weaker average copper prices in 2009 compared to the previous year, were partially offset by the …Quadra Mining Ltd. Announces 2009 Year End and Fourth Quarter Financial ResultsMarketWatch (press release)Quadra [...]

US Steel Shares Up 1.8% After Goldman Raised Stock To Buy (X) – FOXBusiness

US Steel Shares Up 1.8% After Goldman Raised Stock To Buy (X)FOXBusiness… higher at $59.98 after Goldman Sachs raised the stock to "buy" from "neutral," with a $70 price target, on expectations that steel prices will rise. …Goldman picks U.S. Steel to outperform AK SteelMarketWatchStock Picks: US Steel Up, AK Steel DownSmartmoney.comUS Steel: Analysts' Upgrades, [...]

Goldman picks U.S. Steel to outperform AK Steel – MarketWatch

Goldman picks U.S. Steel to outperform AK SteelMarketWatch… likely soon to be followed by higher iron ore and coking coal prices, which should provide support for higher steel prices," analyst Sal Tharani said. …US Steel: Analysts' Upgrades, DowngradesTheStreet.comGoldman Makes Calls on Steel StocksMarketNewsVideo.comUS Steel Upgraded to “Buy” at Goldman Sachs (X)Dividend.com (blog)MarketWatchall 15 news articles »

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Copper Rises for Second Day as Weaker Dollar Improves Demand – BusinessWeek

TheBull.com.au

Copper Rises for Second Day as Weaker Dollar Improves DemandBusinessWeek“China's policies, including monetary tightening, will not support a significant increase of copper prices,” Golden Dragon Chairman Li Changjie said. …Copper rises on fresh buying, global cuesHindu Business LineShanghai copper rises 1.1 pct on US jobs dataReuters South AfricaCopper prices up on LME; precious metals mixedProactive [...]

Shanghai copper rises 1.1 pct on US jobs data – Reuters South Africa

TheBull.com.au

Shanghai copper rises 1.1 pct on US jobs dataReuters South AfricaDemand from China pushed copper prices more than 140 percent higher in 2009. "There's certainly some positive sentiment helping the base metals at the …Copper prices up on LME; precious metals mixedProactive Investors AustraliaGlobal copper prices recover on China moveFinancial Express BangladeshA Closer Look at [...]

Brazil’s Sinobras using ‘99% of capacity’ for rebar – Steel Business Briefing (subscription)

Brazil's Sinobras using '99% of capacity' for rebarSteel Business Briefing (subscription)Currently, rebar prices in Brazil are considerably above wire rod prices – depending on the region. The spread could reach R$500/t delivered (US$275/t). …
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