-
China, U.S. Hot Rolled Coil Steel Spread Explodes; Cowen Forecasts Short Life Expectancy
Tuesday, May 17, 2016 - 10:53am | 329Read More...The Market Vectors Steel (ETF) (NYSE: SLX) has gained nearly 30 percent thus far in 2016 as China transitions away from investment mode and into consumption mode. The spread of Chinese vs U.S. Hot Rolled Coil (HRC) has swelled above recent highs. The China/U.S. spread now stands around $242 and...
-
Dahlman Rose Reduces 2010, 2011 Earnings Estimates On Nucor (NUE)
Friday, July 23, 2010 - 9:19am | 116Read More...Dahlman Rose & Co. has lowered its earnings estimates on Nucor (NYSE: NUE) for 2010 and 2011. In the report, Dahlman Rose writes "Based upon our adjusted expectations for steel and steel mill utilization, we are decreasing our EPS and EBITDA estimates. We calculate that Nucor will generate EPS...
