steel stocks

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

Steel stocks are back in the spotlight, and it's not just the furnaces heating up. Since President Donald Trump's late-May announcement of 50% tariffs on imported steel, the sector has re-rated sharply, with JPMorgan highlighting Nucor Corp (NYSE:NUE) as the top pick with a potential 67% upside....

One of the biggest merger and acquisition news items of the week has been the proposed buyout of United States Steel Corporation (NYSE:X) by Japanese company Nippon Steel. One member of Congress has been actively trading U.S. Steel shares and options in 2023. What Happened: Nippon Steel is offering...

Steel producer United States Steel Corporation (NYSE: X) could have a new product to help with future growth — and it involves the growing electric vehicle market. What Happened: An important component of buildings, appliances and automobiles is often steel. No exception to the usage of...

Steel company Cleveland-Cliffs Inc (NYSE: CLF) has seen its shares rise over 30% in the last month. An analyst is upgrading shares with more upside ahead. The Cleveland Cliffs Analyst: Morgan Stanley analyst Carlos De Alba upgrades Cleveland Cliffs from Equal Weight to Overweight and raises the...

With the price of steel booming, a more than 100-year-old steel manufacturer is going public in a SPAC merger. The SPAC Deal: Algoma Steel is going public in a SPAC merger with Legato Merger Corp (NASDAQ: LEGO) valuing the company at an enterprise value of $1.7 billion. The deal values Algoma...

A cyberattack that hit steel giant EVRAZ late Wednesday is impacting multiple facilities in North America — beyond the single plant in Canada that initial reports indicated had been affected. Patrick Waldron, a spokesperson for EVRAZ North America, would not confirm that the company shut down its...

Steel stocks have taken a beating in the past year, but one Wall Street analyst said Monday a seasonal ramp in U.S. steel demand should help boost prices in the near-term. The Analyst Morgan Stanley analyst Piyush Sood made the following changes to his steel coverage: AK Steel Holding Corporation...

The steel sector is looking more attractive than in the past, according to KeyBanc Capital Markets.  The Analyst KeyBanc's Philip Gibbs: Upgraded Timkensteel Corp (NYSE: TMST)'s from Underweight to Sector Weight with no assigned price target, but a $16 "fair value...

The U.S. Department of Commerce's recent ruling against China exporting steel to Vietnam as a stepping stone towards exportation to the U.S. to avoid duties would help support steel prices which bodes well for companies like AK Steel Holding Corporation (NYSE: AKS). The Analyst JPMorgan's...

United States Steel Corporation (NYSE: X)'s investors had to wait a bit longer Tuesday for the company to release its earnings report, but it was worth the wait. Historically, the steel company releases its results at around 4:18 pm ET. Technical difficulties Tuesday forced the company to delay the...

Analysts at Cowen are throwing in the towel on United States Steel Corporation (NYSE: X) due to a lack of earnings visibility following its earnings report last week. Cowen's Novid Rassouli downgraded U.S. Steel's stock from Outperform to Market Perform with a price target slashed from $60...

Shares of Cliffs Natural Resources Inc (NYSE: CLF) soared by 15 percent and hit a new 52-week high of $10.94 after the company reported its fourth quarter results. Cliffs earned $0.42 per share on revenue of $754 million. Wall Street analysts were expecting the company to earn $0.23 per share on...