Curt Woodworth

After the recession of 2008-2009 and following the 2015 China-led recession, mining presented the best buying opportunities in the last 20 years, according to Credit Suisse. The sell-side firm said Tuesday that the period following the current pandemic-driven recession could also bring...

United States Steel Corporation (NYSE: X) shares are down more than 8% on Wednesday after the company announced Tuesday a $700 million investment in a 49.9% ownership stake of Big River Steel. U.S. Steel said Big River Steel has commenced a construction project that will raise Big River’s...

The bullish case for Alcoa Corp (NYSE: AA) can be made after a "key downside risk factor" has played out while restructuring efforts could soon show benefits, according to Credit Suisse. The Analyst Credit Suisse analyst Curt Woodworth upgraded Alcoa from Neutral to Outperform with a...

Although Alcoa Corp (NYSE: AA) stands to benefit from the rally in alumina prices due to recent outages at two Chinese refineries, the impact is unlikely to last beyond the next few months — and the prospect of alumina oversupply in the Atlantic Basin is a meaningful cause for...

United States Steel Corporation (NYSE: X) investors haven’t received the boost they had hoped for from President Donald Trump’s tariffs on steel imports. Unfortunately, one Wall Street analyst says things will only get worse from here for U.S. Steel. The Analyst Credit Suisse analyst...

The volatile steel sector has yet to obtain the stamp of approval from sell-side firms despite expectations that President Donald Trump's tariffs could lend support.  Ahead of the third-quarter reporting season, Credit Suisse downgraded the U.S. steel sector from Overweight to Market...

Alcoa Corp (NYSE: AA) could return $525 million in capital as dividends or buybacks in 2018, according to Credit Suisse.  The Analyst Credit Suisse analyst Curt Woodworth upgraded shares of Alcoa from Neutral to Outperform and increased the price target from $42 to $61.  The Thesis...

Steel stocks, including AK Steel Holding Corporation (NYSE: AKS), have been under heavy selling pressure for most of the year but are staging a rebound from their 2017 lows. The Analyst Credit Suisse's Curt Woodworth upgraded AK Steel's stock rating from Neutral to Outperform with a...

Credit Suisse analyst Curt Woodworth upgraded the U.S. steel sector from Market Weight to Overweight, citing an overly bearish view of Chinese hot rolled coil and the pending results of the Department of Commerce’s investigation into the industry. The analyst also upgraded United States Steel...

With heightened supply-side concerns in the U.S. Steel Sector, there could be a steep decline in bulk material prices in H2 2017, while infrastructure stimulus is “unlikely to materially benefit US producers,” Credit Suisse’s Curt Woodworth said in a report. He downgraded the...

Credit Suisse’s Curt Woodworth believes United States Steel Corporation (NYSE: X) shares are “very undervalued,” and the sharp pullback, driven by the widely anticipated hot rolled sheet correction, was overdone. Woodworth maintains an Outperform rating on the company, with a...

United States Steel Corporation’s (NYSE: X) 2Q16 figures reflected a steep decline in unit costs, which could result in “a meaningful rerating of medium term earnings and FCF power,” Credit Suisse’s Curt Woodworth said in a report. He reiterated an Outperform rating on the...

“We remain very bullish on the US steel industry,” Credit Suisse’s Curt Woodworth said in a report, while significantly raising the spot and contract price deck. The analyst expects the US flat rolled market to continue to tighten over the next several months. Analyst Curt...

Alcoa Inc (NYSE: AA) shares fell more than 4 percent after the company reported better-than-expected earnings for the first quarter, but missed analysts' sales estimates. The lightweight metals manufacturer posted first-quarter earnings of $0.07 per share ($0.05 above the Street's consensus) on...