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Prices for U.S. hot-rolled coil fell to the lowest since December 2020 , tumbling through $900/st this week, Argus reported on Tuesday, as declining raw materials costs add to downward pressure on finished steel prices. Argus said its weekly domestic HRC Midwest assessment fell ...
Prices for copper and other industrial metals fell on Monday on continuing worries about a potential global recession as well as demand in China due to new coronavirus restrictions. According to Reuters, benchmark copper ( HG1:COM ) on the London Metal Exchange recently trad...
ArcelorMittal ( NYSE: MT ) said on Friday it had resumed steel supplies to Russia from its ArcelorMittal Temirtau mill in Kazakhstan, Reuters reports. The world's second largest steelmaker said it is in full compliance with Western sanctions imposed on Russia, which do n...
Base metals and related equities look poised for a strong rebound Thursday after recent declines, as China reportedly is considering a $220B stimulus package to boost its economy. According to Reuters, benchmark copper on the London Metal Exchange ( HG1:COM ) recently traded...
Copper prices extend their recent decline to hit fresh 17-month lows on Tuesday while the dollar surged, as global recession fears continue to weigh on the demand outlook for commodities. According to Reuters, three-month copper ( HG1:COM ) on the London Metal Exchange recen...
Siyata Mobile ( SYTA ) -11% . Revelation Biosciences ( REVB ) -10% . WPP ( WPP ) -9% . Micro Focus International ( MFGP ) -9% . Mereo BioPharma Group ( MREO ) -9% . Vinco Ventures ( BBIG ) -5% . Dun & Bradstre...
Basic materials sector plunged 16.3% in Q2 and 10% for the past 12 months. The industry is trading at a PE ratio of 24.3x, lower than its 3-year average PE of 27.1x. Top five gainers in the basic materials sector in Q2 (stocks with a market cap of over $2B): Sigma Lithium ...
Basic materials sector plunged 14.1% for the month of June and 19% on YTD basis. The industry is trading at a PE ratio of 24.3x, lower than its 3-year average PE of 27.1x. Analysts are positive on the Construction Materials industry with annual earnings growth expectation of 19% ove...
1 July 2022, 0 8 : 00 CET ArcelorMittal (‘the Company’) today announces that following receipt of customary regulatory approvals it yesterday completed the acquisition of an 80% shareholding in voestalpine’s Hot Briquetted Iron (...
Renalytix ( RNLX ) -28% on Q3 earnings release . Angion Biomedica ( ANGN ) -27% after it discontinued phase 2 trial of ANG-3070 in patients with kidney disease . Exicure ( XCUR ) -23% as it implements reverse-stock-split to get back Nasdaq com...
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23 July 2024, 16:00 CET ArcelorMittal (‘the Company’) today announces the publication of its second quarter 2024 sell-side analyst consensus figures. The consensus figures are based on analysts’ estimates recorded on an external web-based tool provided and managed...
World-first Trial of New Technology to Recycle CO2 Emissions from Steel Production Begins at ArcelorMittal Gent, Belgium TOKYO, July 8, 2024 - (JCN Newswire) - ArcelorMittal and Mitsubishi Heavy Industries, Ltd. (MHI) are working with a climate tech company, D-CRBN, to trial a new t...
01 July 2024, 11.30 CET ArcelorMittal (’the Company’) has today filed its 2023 Payments to Governments in respect of Extractive Industries report, which provides a consolidated overview of payments made by the Company and its subsidiaries in 2023 to governments regarding its...