All Posts Tagged With: "PKX"
(X) United States Steel Corporation Beats First Quarter Earnings
United States Steel Corporation (X) came out with positive results in the first quarter of 2012, posting adjusted earnings of 67 cents per share and beating the Zacks Consensus Estimate of 49 cents.
However,...
(X) United States Steel Corporation Beats in First Quarter
United States Steel Corporation (X) came out with positive results in the first quarter of 2012, posting adjusted earnings of 67 cents per share and beating the Zacks Consensus Estimate of 49 cents.
However,...
(PKX) POSCO – ADR- Bear of the Day
POSCO – ADR (PKX) reported disappointing financial results in 2011 with the company’s net earnings falling roughly 12% year over year. Weak margins due to higher raw material costs led to the downfall.
Though...
(GM) Steel Industry Stock Outlook – November 2011 – Industry Outlook
Overview
The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales.
Steel products are classified into four broad categories: flat steel products, long steel products, scrap...
(GM) Steel Stock Review & Outlook – June 2011 – Industry Outlook
The World Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales.
Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat...
(PKX) POSCO Analyst Maintains Neutral Rating on Shares
We currently maintained our Neutral recommendation on South Korean steelmaker POSCO (PKX).
POSCO is the world’s third largest steelmaker on the basis of output. The company primarily manufactures...
(PKX) POSCO Offers Korea First Synthetic Natural Gas Plant
Korean steel producer POSCO (PKX) is on its way to giving Korea its first synthetic natural gas (SNG) plant by the end of year 2013. The company commenced construction of the plant on June 7 at Gwangyang Steelworks.
POSCO...
(MT) ArcelorMittal to Acquire KazStroyServices
Steel giant, ArcelorMittal (MT) is close to buying KazStroyServices Ltd, a Kazakhastan-based engineering, procurement and construction (EPC) company.
The company has presence in Kazakhstan,...
(MT) Steel Industry Outlook – March 2011 – Industry Outlook
The global Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with projected crude...
(ADBE) Stock Market News for December 22, 2010 – Market News
The Dow Jones Industrial Average gained 0.48% to end at 11,533.16. The S&P 500 was up 0.60% to 1,254.60. The Nasdaq Composite Index rose 0.68% to 2,667.61. On the New York Stock Exchange, breadth of the market favored the advancing stocks in the ratio of 2:1 to the...
(BA) Company News for November 26, 2010 – Corporate Summary
• Boeing (NYSE:BA) announced plans for “minor design changes” to the electrical system of its troubled 787 Dreamliner, with another delivery schedule expected out in the next few weeks
• A buyout group led by KKR (NYSE:KKR) agreed to acquire Del Monte...
(PKX) POSCO Signs To Explore for Oil in Uzbekistan
Korean steel producer, POSCO (PKX) signed agreements with the State-run National Oil Corporation and Samchully for the exploration of two oil fields in Uzbekistan. The fields...
(MT) Steel Industry Outlook – November 2010 – Industry Outlook
The U.S. houses one of the world’s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s...
(MT) Metals and Mining Review – September 2010 – Industry Outlook
Overview
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure,...
(MT) Steel Industry Review and Outlook – Industry Outlook
The U.S. houses one of the world’s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. If we add companies engaged in the extraction of iron ore and coking coal for the processing of iron...
(F) Metals & Mining Outlook & Review – May 2010 – Industry Outlook
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals. The industry is oligarchic in structure, with a few producers accounting for the lion’s share of production.
Geographically,...
(MT) Steel Industry Stock Review – March 2010 – Industry Outlook
The steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. With companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, this industry includes metal ore exploration and...
(F) Metals & Mining Stock Review – January 2010 – Industry Outlook
The Metals & Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing, of metals and minerals. The industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales.
Geographically,...
(X) Steel Output Rises Again
According to the data released by World Steel Association (Worldsteel), global crude steel production for the 66 countries reporting to Worldsteel improved 24.2% year over year to 107.5 million tons in November 2009. Crude steel production has been showing a positive growth...
(X) World Steel Association Reports Steady Increase in Steel Output
According to the data released by World Steel Association (worldsteel), global crude steel production for the 66 countries reporting to worldsteel improved 13.1% year over year to 112 million tons in October 2009. Following a revision of the September production figures, this...
(F) Steel Industry – Industry Outlook
Steel Output Mounting
The Steel industry, which consists of companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, has the major chunk of sales concentrated...
(X) Steel Output Mounting
According to the data released by the World Steel Association (WSA), global steel output increased to 107 million tons in the month of Sep 2009, down marginally (0.6%) from the same month of the previous year. Month-on-month, steel output improved slightly from 106.5 million...
(PKX) POSCO Earnings Results Disappoint
POSCO (PKX) saw a 22.3% decline in third-quarter revenues to KRW6,851 billion from KRW8,813 billion in the corresponding quarter last year. Operating income declined 48.7% year over year, while net profit was down 6.3%.
The decline in the company’s...
(X) Steel Output Peaks in July
According to data released by the World Steel Association, global steel output reached its highest level in July on the back of moderate rise in demand and resumption of idled facilities by producers. Total output of 103.9 million tons was an improvement of 4% from 99.8 million...
(PKX) – Posco – Estimates for the year are up 17%in the last 30 days with 3 out of 5 covering analysts raising estimates
Posco makes big profits as steel demand remains strong worldwide and prices continue to rise. Second quarter revenues rose 28.3% compared to a year ago. The company has a forward P/E of only 9.06.
Company Description
Posco (PKX) is the fourth-largest...