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SteelDynamics

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US Steel gains after JPM upgrades to overweight

BUZZ-US Steel gains after JPM upgrades to overweight ** Shares of U.S. Steel X.N rise 2.5% to $32 premarket ** J.P.Morgan upgrades stock to "overweight" from "neutral", raises PT on stock to $42 from $40 ** Expects co's shares to retreat further in a knee-jerk reaction if/when co's deal with Nippon Steel breaks officially, which would present a "so
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U.S. Exlservice Holdings, Steel Dynamics, US Steel

U.S. RESEARCH ROUNDUP-Exlservice Holdings, Steel Dynamics, US Steel Sept 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Exlservice Holdings, Steel Dynamics and U.S. Steel Corp on Monday. HIGHLIGHTS * Essex Property Trust Inc ESS.N : BMO raises target price to $310 from $294 * Exlservice Holdings Inc EXLS.O : Jefferies raises to buy from hold * Steel Dynamics Inc STLD.O : JP Morgan raises to neutral from underweigh
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Steel Dynamics, Along With Several Other Organizations, Files Trade Petitions Against Countries On Corrosion Resistant Flat Rolled Steel

BRIEF-Steel Dynamics, Along With Several Other Organizations, Files Trade Petitions Against Countries On Corrosion Resistant Flat Rolled Steel Sept 5 (Reuters) - Steel Dynamics Inc STLD.O : STEEL DYNAMICS, ALONG WITH SEVERAL OTHER ORGANIZATIONS, FILES TRADE PETITIONS AGAINST COUNTRIES ON CORROSION RESISTANT FLAT ROLLED STEEL STEEL DYNAMICS- PETITIONED DOC & U.S.
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Steelmakers' shares fall; iron ore futures retreat from 3-week high

BUZZ-Steelmakers' shares fall; iron ore futures retreat from 3-week high ** U.S. steel companies fall in morning trade ** Most-traded Jan. iron ore futures contract on China's Dalian Commodity Exchange end daytime trade flat at 754.5 yuan ($105.81)/ metric ton, while Sept. iron ore on Singapore Exchange down 0.64% at $100.95/ton ** Both benchmarks
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Steel Dynamics Inc reports results for the quarter ended in January - Earnings Summary

Steel Dynamics Inc reports results for the quarter ended in January - Earnings Summary Steel Dynamics Inc STLD.OQ reported quarterly adjusted earnings of $2.72​​ per share for the quarter ended in January, lower than the same quarter last year, when the company reported EPS of $4.81. The mean expectation of eleven analysts for the quarter was for earnings of $2.67 per share.
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