Steel

AK Steel (NYSE: AKS) said today that it will increase current spot market base prices for all carbon flat-rolled steel products by $60 per ton, effective immediately with new orders.

Traders must pay close attention to the U.S. Dollar Index. This morning, the U.S. Dollar Index has rallied sharply higher since 8:00 am EST. Yesterday, the U.S. Dollar Index plunged lower by before the closing bell helping to inflate the major stock and commodity indexes. Traders will notice when...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Mercer International (NASDAQ: MERC) is a “winning stock." For Carbo Ceramics (NYSE: CRR), he said, "I prefer Core Labs (NYSE: CLB) because it's more consistent." Cramer said that he is “sticking with Cliffs Natural Resources (...

Cusick's Corner Top stories -- London burning and market bouncing into the Fed announcement. While I would not aggressively chase long trades, intraday scalping has been solid, but look to get flat in front of the Fed. The shorts will be lurking, waiting for any catalyst to the downside, on the...

Shares of AK Steel (NYSE: AKS) are higher on the session by 5.64%, trading at $8.24. Overall put volume is now running at 2.28x the daily average, with 46% of all puts traded being purchases on the offer. 15,126 contracts have traded on the session so far. AK Steel Holding Corporation is a...

Below are the top large-cap steel & iron stocks on the NYSE and the NASDAQ in terms of dividend yield. Companhia Siderurgica Nacional (NYSE: SID) has a dividend yield of 7.10%. SID's shares closed at $8.11 yesterday. Nucor Corporation (NYSE: NUE) has a dividend yield of 4.10%. NUE's shares...

Shares of United States Steel (NYSE: X) are freefalling in today's session, currently down 8.4% from Friday's close to $30.38. The stock broke below $30 at 12:39pm, hitting an intraday low of $29.94 before finding support. Shares of U.S. Steel have not traded below $30 since July 13th, 2009. The...

Point Roberts WA - August 8, 2011 (Investorideas.com Mining Newswire) - www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks for Friday, Aug. 05, 2011. Turkish-American junior mining company, TurkPower...

JP Morgan has published a research report on Haynes International (NASDAQ: HAYN) and has raised the price target from $59 to $66. In the report, JP Morgan writes, "We expect Haynes' specialty metal niche should provide a degree of stability amidst the current economic turmoil as key end markets...

Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) dipped 10.65% to $41.85 in the pre-market session. HOT shares have dropped 5.35% over the past 52 weeks, while the S&P 500 index has gained 6.99% in the same period. VeriSign Inc (NASDAQ: VRSN) lost 10.13% to $26.00 in the pre-market...

JP Morgan has raised the price target on Haynes International (NASDAQ: HAYN) from $59 to $66 and maintains its Neutral rating.

Like most stocks, shares of steelmakers have undergone a huge reversal in today's session. Shares of Arcelor Mittal (NYSE: MT), which had traded as low as $24.52 (52-week low) earlier in the session, are currently trading up 1.3% from yesterday's close to $25.74. Shares of Nucor (NYSE: NUE), which...

Traders better watch the chart of the U.S. Dollar Index very closely. Yesterday, the U.S. Dollar Index soared higher as the major stock indexes deflated and plummeted lower. This morning, the U.S. Dollar Index futures (DX U1) is trading lower by 0.37 cents to $75.00 per contract. When the U.S....

Mechel OAO (NYSE: MTL) announces the signing of a three-party contract between Mecheltrans Vostok OOO, Sinara-Transport Machines OAO, and VTB Leasing OAO for development, production and delivery of TEM-8 type locomotives. The contract stipulates that in 2012-2014 Lyudinovsky Diesel-Locomotive...

Bank of America reiterated its Underperform rating on AK Steel (NYSE: AKS). At the same time, the rating agency left its price target on the company's stock unchanged at $12. On Thursday, AKS lost 14.33% of its value to end the day at $9.21. Its shares continued to slide in today's pre-market...