NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Twitter Inc., up $7.71 to $46.30. United States Steel Corp., up $5.36 to $33.03.» Read More
CNBC's Emily Chan takes on the daily challenge of the 'Stock in 60' segment and looks at BlueScope Steel, which soared as much as 17 percent after reporting improved results for the first half of 2013.
Being a big wheel in the earth mover business, Vipin Sondhi has a very clear idea why the Indian economy is stuck in the mud and what the government must do to change the mindset of business executives, like himself.
Spencer Wicks, pulbisher at Steelfirst.com, tells CNBC that there couldn't be a worse time to be selling steel assets as you've got a buyers' market.
The Timken Company president & CEO Jim Griffeth, discusses the year ahead for his company, and how the growth of the domestic natural gas market is driving profitability.
China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy. Imports are at record levels.
Steelmaker ArcelorMittal raised a bigger-than-expected $4 billion in a share and convertible notes offering, it said on Thursday, to fix its debt-laden balance sheet.
Goldman upgrades Dell to buy from sell. The FMHR traders discuss. Meanwhile Dick Grasso, Stuart Financial, says he expects steel to run up again before the year's end.
The Fast Money traders discuss whether a breakup is brewing for Timken; and CNBC's Jane Wells rounds up the latest action on the West Coast.
Prior to Oracle's earnings report yesterday, one trader bought 20,307 Oct. 32-strike puts for $0.79 and sold the same number of the Jan. 34-strike calls for $0.98.
Nick Trevethan, Senior Commodities Strategist, ANZ Research is bullish on gold & silver in the face of event risks. He expects prices to strengthen ahead as central banks offer easing support.
Slumping iron prices are set for a sharp rise in the medium-to-long term, Severstal Head of Strategy Thomas Veraszto told CNBC’s “Worldwide Exchange” on Monday.
Stephen Hogan, Senior Advisor at Novus Capital says BlueScope Steel's joint venture with Nippon Steel isn't a big enough driver for him to recommend investors buy into the company.
Paul O'Malley, CEO of BlueScope Steel discusses the outlook for the steel maker, and how it is turning around the business in continued tough operating conditions.
"I think there definitely remains a challenge in the steel industry, structurally there is over supply and there are certainly questions about the demand side of things, whether demand has actually worsened, well I think we have seen it weaken in the second quarter," Jeff Largey, head of metals and mining research at Macquarie Group, told CNBC.
Ivan Szpakowski, Metals Analyst at Credit Suisse says the big drop in Chinese steel prices recently is due slowing growth. The capacity is now more over pronounced because of lesser demand for steel.
The FMHR traders reveal their top three trades and Brian Yu, analyst at Citi, discusses whether coal and steel stocks can make a comeback.
Warren Gilman, Chairman & CEO, CEF Holdings says that even though China isn't seeing a hard landing, it is slowing faster than authorities in Beijing had anticipated.
Officials in California fell victim to a mindset that says China is automatically cheaper, says one analyst. “We shot ourselves in the foot,” she says. “We never even took seriously the domestic bid.”
Andrew Dale, Head of Resources Research, Asia, Macquarie Securities, shares his strategy for investing in China's cement and steel sector following a state media report that the world's second biggest economy would fast-track infrastructure spending to boost growth.
Mike Harrowell, Senior Resources Analyst, BBY says while the U.S. economy is recovering quite nicely, the absence of further stimulus could be problematic for the commodities market.