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Auto, Energy Fire Up Steel, But Euro Threat Is Rising

Until recently, Wall Street was pretty smitten with steel manufacturers. Companies ranging from industry maverick Nucor to the iconic U.S. Steel hit multiyear highs amid enthusiasm over the industry’s recovery. That enthusiasm petered out in recent weeks. IBD’s Steel-Producers group, ...

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Global steel and aluminium in joust for auto space

Business Standard reported that the geographical shift in steelmaking capacity to emerging economies since the 70s has now picked up greater force in the automobile sector. In the global steel production of 1.607 billion tonnes in 2013, the share of ...

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