Taking rebar as an example, the average price on March 9 last year was 2475 yuan/ton, and on March 9 this year, it has risen to 3852 yuan/ton, an increase of 35%. Benefited from the increase in steel prices, the performance of steel companies last year ha...
The Bottom Line On Hang Zhou Iron & SteelLtd's P/S Despite Hang Zhou Iron & SteelLtd's share price climbing recently, its P/S still lags most other companies. Generally, our preference is to limit the use of the price-to-sales ratio to establishing what the market thinks about the ov...
At the same time, Zhang Lin said that for those companies that had already completed the restructuring, the steel industry will pick up their profits at the moment. "(restructuring) not only responds to the call of the state to increase the concentration of the steel industry, but also has ...
stock 4 comments robert honeywill 8.15k follower s follow summary reliance steel has provided shareholders with mostly double-digit returns over the past six years. the strong returns appear to be partly due to the share price getting well ahead of itself, with share price declines likely. the ...
Steel companies have achieved much greater pricing power, in part through an ongoing consolidation of the industry. High prices persist, despite the revocation in 2003 of President Bush's broad safeguard order on imports. U.S. steel production in 2006 was 108 million tons. The integrated side ...
2025-01-09[CPI] In 2024, the national consumer price index rose by 0.2.. 2025-01-09[Steel inventory] Key steel companies' steel inventory .. 2025-01-09[Crude steel production] In late December 2024, the daily cr.. 2025-01-08[Machinery industry] Year on year growth in loader sales in...
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. ...
Price to Sales Ratio 0.688 Price to Book Ratio 0.985 Price to Cash Flow Ratio 5.916 Enterprise Value to EBITDA 7.319 Enterprise Value to Sales 0.769 Total Debt to Enterprise Value 0.312 X Efficiency Revenue/Employee 828,693.299 Income Per Employee 41,049.397 Receivables Turnover 11.672 Total Asset...
NSC to acquire U. S. Steel for $55.00 per share in an all-cash transaction representing 40% premium, providing certain and immediate value to U. S. Steel shareholders Brings together two storied companies with rich histories of providing excellent products and services and contributing to the de...
U.S. Steel price target raised to $40 from $35 at BofA Jan. 14, 2025 at 8:27 a.m. ET on TipRanks.com Analysts Offer Insights on Materials Companies: United States Steel (X) and Origin Materials (ORGN) Jan. 14, 2025 at 7:10 a.m. ET on TipRanks.com Trump’s team dis...