*ArcelorMittal has limited China exposure. BRUSSELS, July 31- ArcelorMittal, the world's largest steelmaker, said it would do better in the second half of the year than the first and kept its 2015 profit targets, despite cutting its global forecast for steel demand. ArcelorMittal, which produces 6 to 7 percent of the world's steel, repeated its 2015 for core profit...» Read More
America’s infrastructure can and should be built with American steel. That is why current Buy America provisions are so important, and why efforts to circumvent these provisions, such as California used in the Bay Bridge project, need to be stopped.
The coming of the next “big one” led to the use of Chinese steel in the rebuilding of a national icon - one of the busiest bridges in the world: The San Francisco-Oakland Bay Bridge. Looming natural disasters, willful neglect and infirmity of America’s infrastructure demand our rebuilding. Reconstruction, however, is going to require Sino steel.
The FMHR traders break down today's headlines: the major indices are positive, the consumer sentiment, and jobless claims. Also, sharing perspective on JNPR, with Brian Marshall, ISI Group analyst.
Shares of Schnitzer Steel are getting slammed today after the company reported they expect Q1 results to be lower than outlook. Also, gold is hurting to hold onto early gains and US homebuilders confidence rose for the third consecutive month today. CNBC's Fast Money traders and Dan Dicker, Merblock president weigh in.
The main topic of discussion this morning was Mario Draghi's interview in the Financial Times, where he warned that any country trying to leave the euro zone would still face austerity measures and would be "in a much weaker position." He reiterated no increase in the current bond buying program, and no printing money.
The “Mad Money” host answers his “Mad Mail and reports back on some viewer questions from earlier in the week.
Ephrem Ravi, Head of Metals & Mining Sector, Asia Ex-Japan Equity Research at Barclays Capital says there is over-capacity in the steel industry, though value investors may find bargains in some steel stocks.
Edward Meng, CFO of China Gerui Advanced Materials Group says the company is seeing very strong demand despite the slowdown in China because the firm makes make high quality, specialty steel.
Seasonal uptick in steel stocks makes it worth looking at for December, Fast Money pros say.
The following are some of the mid-day’s biggest movers. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Nucor Corp. is one of the largest steel producers in the US, and pays a healthy four percent yield, says Mad Money's Jim Cramer. Discussing what's ahead for the steelmaker, with Dan DiMicco, Nucor CEO.
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We pulled together a list of Jim Cramer's favorite dividend plays. Read on and pick one or two for your portfolio.
In this market, you need names that pay dividends, Cramer says, and this stock is one on his buy list.
Nucor Corporation is a best of breed steel maker with a juicy dividend, says Mad Money's Cramer. This is a classic cyclical stock that's paying investors to wait for things to get better, and it belongs in your portfolio.
The Fast Money traders weigh in on AK Steel's downgrade, and Deborah Weinswig, Citigroup provides insight on the retail sector.
Dan DiMicco gives Cramer his 3-point plan for creating jobs in the U.S.
A look at Nucor's solid quarter, with Mad Money host Jim Cramer. Dan DiMicco, CEO of Nucor, weighs in.
China is underreporting the amount of steel it makes by about 40 million metric tons a year – roughly the amount made by Germany – according to a new analysis that provides insights into the recent high prices for the main raw material used by the world steel industry. The FT reports.
The "Mad Money" host reveals which companies' earnings reports are important to monitor.