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U.S. Steel (NYSE: X ) says it will not enter into spot market-based adjustable price contracts with its sheet steel customers in 2020, and instead will utilize transaction by transaction discussions including monthly negotiations. More news on: United States Steel Corporation, VanEck Vec...
Original Post By Sohrab Darabshaw Since April this year, the Indian automobile sector has been seeing signs of a slowdown in sales. This has led to job cuts and expressions of concern from some major domestic steel producers. The slump in the sales of four- and two-wheelers has for...
ArcelorMittal (NYSE: MT ) is flat pre-market after swinging to a Q2 net loss of $447M, compared with a $1.87B profit in the year-ago quarter, as it booked $900M in impairments . More news on: ArcelorMittal, VanEck Vectors Steel ETF, Commodities news, Earnings news and commentary, News o...
Original Post By Stuart Burns Copper has been buffeted by macroeconomic and political news, suffering from trade tensions and fear of slowing growth in top consumer China. Conversely, iron ore has been trading at recent five-year highs this month, topping U.S. $130/ton amid reports o...
ArcelorMittal ( MT +2.6% ) says it is raising flat-rolled steel prices for its U.S. customers, marking the third round of increases since the end of June. More news on: ArcelorMittal, VanEck Vectors Steel ETF, Commodities news, Stocks on the move, News on ETFs, Read more ...
Steel producers are higher after the White House says Pres. Trump will sign an executive order this week designed to increase the amount of American steel and iron used in infrastructure projects; AKS +2.3% , STLD +1.9% , MT +1.7% , X +1% , CLF +0.8% , NUE +0.7% . ...
Only one in eight of the world's highest polluting companies are on track to cut their carbon emissions at a rate required to keep global warming below 2 degrees Celsius (3.6 degrees Fahrenheit), the main goal of the Paris climate agreement, according to a study by the Transition Pathway ...
Nucor (NYSE: NUE ) says it plans to raise its base prices for sheet steel by a minimum of $40/st, marking its second attempt in as many weeks as U.S. steelmakers try to push up steel prices following a year-long slide. More news on: Nucor Corporation, United States Steel Corporation, AK ...
The U.S. Department of Commerce issues a preliminary ruling that domestic producers are being harmed by imports of fabricated structural steel from China and Mexico, and says it will instruct U.S. Customs and Border Protection to collect cash deposits from importers of such steel. More...
Original Post By Stuart Burns Chinese steel mills are caught between the proverbial rock and a hard place. Iron ore prices surged to their highest level in five years on the back of mine closures in Brazil and robust demand, the ABC reported. Vale 's ([[VALE]]) Feijao mine dis...
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2024-06-03 01:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-14 03:38:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-04 09:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...