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Jan. 7, 2019, 10:07 a.m. EST

Cement, steel maker stocks mixed after Trump offers to make border wall with steel instead of concrete

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By Tomi Kilgore

Shares of cement producers were mixed in morning trade Monday, after President Trump said over weekend that the border wall he wants could be made of steel, rather than the concrete wall he had promised during his campaign, in an effort to reach a deal to re-open the government. Among shares of the companies that were expected to benefit from a concrete wall, Cemex SAB de CV /zigman2/quotes/203703444/composite CX +0.30% rose 0.2%, Heico Corp. /zigman2/quotes/207361354/composite HEI -0.12% slipped 0.8%, Vulcan Materials Co. /zigman2/quotes/203479463/composite VMC +2.91% rose 0.5%, CRH PLC /zigman2/quotes/202550827/composite CRH +0.88% shed 1.6% and Martin Marietta Materials Inc. /zigman2/quotes/208827848/composite MLM +3.25% eased 0.1%. Elsewhere, U.S. Concrete Inc.'s stock /zigman2/quotes/205491558/composite USCR +3.98% fell 0.9% and Summit Materials Inc. /zigman2/quotes/203159143/composite SUM +3.25% advanced 0.9%. Meanwhile, steel maker shares were also mixed, with U.S. Steel Corp. /zigman2/quotes/200069642/composite X +1.97% down 0.2%, AK Steel Holding Corp. trading flat%, Steel Dynamics Inc. /zigman2/quotes/203426966/composite STLD +1.79% up 0.6% and Nucor Corp. /zigman2/quotes/201889722/composite NUE +2.50% slipping 0.5%.

/zigman2/quotes/203703444/composite
US : U.S.: NYSE
$ 3.30
+0.01 +0.30%
Volume: 2.98M
Aug. 7, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
3.03%
Market Cap
$5.00 billion
Rev. per Employee
N/A
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/zigman2/quotes/207361354/composite
US : U.S.: NYSE
$ 100.39
-0.12 -0.12%
Volume: 204,501
Aug. 7, 2020 4:00p
P/E Ratio
37.89
Dividend Yield
0.16%
Market Cap
$12.06 billion
Rev. per Employee
$340,640
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/zigman2/quotes/203479463/composite
US : U.S.: NYSE
$ 130.08
+3.68 +2.91%
Volume: 1.16M
Aug. 7, 2020 4:00p
P/E Ratio
27.66
Dividend Yield
1.05%
Market Cap
$17.23 billion
Rev. per Employee
$499,074
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/zigman2/quotes/202550827/composite
US : U.S.: NYSE
$ 38.79
+0.34 +0.88%
Volume: 181,768
Aug. 7, 2020 4:00p
P/E Ratio
16.50
Dividend Yield
2.32%
Market Cap
$30.26 billion
Rev. per Employee
$351,172
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/zigman2/quotes/208827848/composite
US : U.S.: NYSE
$ 220.00
+6.92 +3.25%
Volume: 387,229
Aug. 7, 2020 4:02p
P/E Ratio
22.10
Dividend Yield
1.00%
Market Cap
$13.70 billion
Rev. per Employee
$487,063
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/zigman2/quotes/205491558/composite
US : U.S.: Nasdaq
$ 28.47
+1.09 +3.98%
Volume: 212,567
Aug. 7, 2020 4:00p
P/E Ratio
23.10
Dividend Yield
N/A
Market Cap
$474.65 million
Rev. per Employee
$456,347
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/zigman2/quotes/203159143/composite
US : U.S.: NYSE
$ 16.85
+0.53 +3.25%
Volume: 701,858
Aug. 7, 2020 4:00p
P/E Ratio
18.73
Dividend Yield
N/A
Market Cap
$1.92 billion
Rev. per Employee
$350,167
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/zigman2/quotes/200069642/composite
US : U.S.: NYSE
$ 7.26
+0.14 +1.97%
Volume: 7.67M
Aug. 7, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.55%
Market Cap
$1.60 billion
Rev. per Employee
$489,379
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/zigman2/quotes/203426966/composite
US : U.S.: Nasdaq
$ 28.49
+0.50 +1.79%
Volume: 1.32M
Aug. 7, 2020 4:00p
P/E Ratio
11.47
Dividend Yield
3.51%
Market Cap
$5.99 billion
Rev. per Employee
$1.44M
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/zigman2/quotes/201889722/composite
US : U.S.: NYSE
$ 44.34
+1.08 +2.50%
Volume: 2.19M
Aug. 7, 2020 4:00p
P/E Ratio
26.50
Dividend Yield
3.63%
Market Cap
$13.35 billion
Rev. per Employee
$953,128
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