Start Time: 09:30 January 1, 0000 9:27 AM ET Freeport-McMoRan Inc. (NYSE:FCX)BofA Securities Global Metals, Mining and Steel ConferenceMay 14, 2024, 09:30 AM ET Company Participants Richard Adkerson – Chairman and CEO Conference Call Participants Lawson Winder – Bank of America Operator Good morning, and hello from me. For those of you just joining us,…
Monty Rakusen United States Steel Corporation (NYSE:X) is in the news again after President Joe Biden stated the firm would remain “American owned,” promising that a foreign sale will not be allowed for as long as he’s in power. We covered U.S. Steel a few months ago, before the Nippon (OTCPK:NPSCY) merger agreement. Our analysis…
BlueScope Steel Limited (OTCPK:BLSFF) Q2 2024 Results Conference Call February 18, 2024 6:00 PM ET Company Participants Mark Vassella – CEO David Fallu – CFO Conference Call Participants Simon Thackray – Jefferies Lee Power – UBS Rohan Gallagher – Jarden Group Peter Steyn – Macquarie Paul Young – Goldman Sachs Lyndon Fagan – JPMorgan Daniel…
Reliance Steel & Aluminum Co. (NYSE:RS) Q4 2023 Earnings Conference Call February 15, 2024 11:00 AM ET Company Participants Kim Orlando – ADDO Investor Relations Karla Lewis – President and Chief Executive Officer Steve Koch – Executive Vice President and Chief Operating Officer Arthur Ajemyan – Senior Vice President and Chief Financial Officer Conference Call…
GCShutter The steel business has been a notoriously difficult industry for shareholders over long-periods of time. The industry has proved challenging due to high levels of competition, significant cyclicality, and high capital intensity. Reliance Steel & Aluminum Co. (NYSE:RS) stands out as having an excellent long-term performance history despite these challenges. Since becoming a public…
Monica Schipper/Getty Images Entertainment In September, I concluded that I was buying the dip after the release of the fiscal first quarter results in the case of Worthington Industries, Inc. (NYSE:WOR). This came as the business demonstrated strength and resilience despite some industry challenges. This solid performance, a strong balance sheet, and a spin-off being…
PhonlamaiPhoto In my last post, I initiated coverage of Algoma Steel (NASDAQ:ASTL), explaining my reasoning that through Algoma Steel’s current cost model with its Basic Oxygen Furnace, it is fundamentally undervalued by the market. Along with its current production output, due to its ongoing Plate Mill Modernization efforts and its transition to Electric Arc Furnace,…
Start Time: 04:30 January 1, 0000 5:49 AM ET Tata Steel Limited (OTC:TATLY) Q2 2024 Earnings Conference Call November 02, 2023, 04:30 AM ET Company Participants T.V. Narendran – CEO and Managing Director Koushik Chatterjee – Executive Director and CFO Samita Shah – VP, Corporate Finance, Treasury and Risk Management Conference Call Participants Sumangal Nevatia…
Algoma Steel Group Incorporated (NASDAQ:ASTL) Q2 2024 Earnings Conference Call November 3, 2023 11:00 AM ET Company Participants Mike Moraca – Treasurer and Investor Relations Officer Michael Garcia – Chief Executive Officer Rajat Marwah – Chief Financial Officer Conference Call Participants David Ocampo – Cormark Securities Katja Jancic – BMO Capital Markets. Ian Gillies –…
United States Steel Corporation (NYSE:X) Q3 2023 Earnings Conference Call October 27, 2023 8:30 AM ET Company Participants Kevin Lewis – VP, Finance David B. Burritt – President and CEO Jessica T. Graziano – SVP and CFO Richard L. Fruehauf – SVP, Chief Strategy and Sustainability Officer Conference Call Participants William Peterson – J.P. Morgan…
PhonlamaiPhoto In his 1865 book ‘The Coal Question’, economist William Stanley Jevons postulated that the invention of the steam engine, the great productivity leap of the 19th century, would not simply lead to a more efficient and stable demand for the mining of coal. Rather, he suggested (correctly) that whenever a step-up in productivity growth…
onurdongel Analysis Summary In today’s analysis, I will be covering United States Steel Corp. (NYSE:X), in the materials sector, subsector of steel. From its profile, this Pittsburgh-headquartered firm trades on the NYSE and produces & sells flat-rolled and tubular steel products primarily in North America and Europe. I gave this stock a hold rating, based…
Maks_Lab This chart from YCharts, shows the total returns for Ford Motor (F), General Motors (GM), and U.S. Steel (X) since 2010, and then the total return of the S&P 500 from the same inception date. This chart takes us back to 1990, but GM had to be excluded from the calculation given its bankruptcy…
Monty Rakusen Those who have followed this takeover approach since its announcement on 13 Aug 2023 do not need a lot of information about United States Steel Corporation (NYSE:X), best known as US Steel, and Cleveland-Cliffs Inc (CLF). For those who are jumping in at this point, see a brief description below. If you are…
onurdongel Listen below or on the go on Apple Podcasts and Spotify U.S. Steel (X) explores strategic alternatives after rejecting Cleveland-Cliffs (CLF) offer. (00:23) Tesla (TSLA) trims prices of some Model Y versions in China. (01:33) Maui wildfires impact Hawaiian Holdings (HA), Host Hotels & Resorts (HST), and Hawaiian Electric (HE). (02:33) This is an…
Algoma Steel Group Inc. (NASDAQ:ASTL) Q1 2024 Earnings Conference Call August 11, 2023 11:00 AM ET Company Participants Mike Moraca – Treasurer and IR Officer Michael Garcia – CEO Rajat Marwah – CFO Conference Call Participants Katja Jancic – BMO Capital Markets David Ocampo – Cormark Securities Ahmad Shaath – Beacon Securities Lucas Pipes –…
SlobodanMiljevic Investment Summary Almost a month ago Worthington Industries Inc (NYSE:WOR) released its Q4 2023 results that showed another strong quarter from the company. Net earnings YoY were up significantly, reaching $129 million in the quarter, and a EPS of $2.61. Saying that WOR is just a steel play might be doing it a disservice…