As the US steel market gets ready for the introduction of tariffs on steel imports, is AK Steel (AKS) work a look? The price has broken through the 2 short term moving averages and is fast approaching the third one. $6.24 @ 13 Jul 2017
Looks like a good call on AK Steel - wonder how the foreign steel companies will react when the tariffs are announced?
Closed at $6.50 @ 14/7/17 just off the low of the day - this up trend wont last forever but personally I think there is more to come with the tariff news on the way.
Interesting - still think there is more upside or has it been ramped on the back of tariff expectations? Price $6.20 @ 21 Jul 17
I read somewhere that Canada will be exempt from any steel tariffs - what is to stop companies setting up in Canada and then exporting to the US tariff free?
Stock falling away - time to buy ahead of steel tariff news? At least some of the froth seems to have been blown off the share price? Price $6.06 @ 24 Jul 17
25/07 closed 6.78+0.75 (+12.44%) it took few more cents in a/h $6.83 +0.05 +0.74% Day's Range 6.35 - 6.88 52 Week Range 3.87 - 11.39 Volume 70,077,188 Avg. Volume 17,532,668 IMO it could go further up (next to test the 7.04 resist.) as I only look for daily waves to scalp there could be plenty in the next few days ... AK Steel beats Street 2Q forecasts here are yesterday news out ... take your pick Jul-25-17 11:36PM AK Steel beats Street 2Q forecasts Associated Press +12.44% 10:32PM Edited Transcript of AKS earnings conference call or presentation 25-Jul-17 3:00pm GMT Thomson Reuters StreetEvents 06:51PM AK Steel Holding Corporation Stock Up 12% After Earnings: Here's the Most Important Thing to Know Motley Fool 04:20PM U.S. Steel Shorts Have Just a Few Hours to Buy a Clue: Chart TheStreet.com 11:40AM Why AK Steel Might Be Tuesdays Best Earnings Report 24/7 Wall St. 11:33AM AK Steel Holding Corporation (AKS) Stock Soars After Strong Earnings Beat InvestorPlace 11:16AM Steel Stocks Are Red Hot Following AK Earnings Beat and Belief Tarrifs May Be Set Soon TheStreet.com 09:08AM AK Steel Holding Corp. breached its 50 day moving average in a Bearish Manner : AKS-US : July 25, 2017 Capital Cube 08:30AM AK Steel Announces Financial Results for Second Quarter 2017 Marketwired 07:40AM ArcelorMittals 2Q17 Consensus Estimates: What You Need to Know Market Realist 06:50AM To Trade Earnings, You Need a Mercenary Heart: Market Recon TheStreet.com