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Nucor Stock Falls After Q3 Results, Weak Q4 EPS Guidance: Details
Nucor shares are trading lower after the company reported its third-quarter financial results and announced it expects its fourth-quarter earnings to decline to $1.05.
Steel Dynamics Stock Jumps On Q3 Earnings: Highlights From The Report
Steel Dynamics shares are trading higher in Wednesday's after-hours session on the heels of the company's third-quarter financial results. Here's a rundown of the print.
Mining Industry Needs $5.4 Trillion In Investments To Meet 2035 Demand, McKinsey Says
Metal and mining industry heavily relies on steel, coal, copper, gold, and aluminum for 80% of its revenue. Lithium, nickel, and rare earth elements also see growth. $5.4 trillion investment needed by 2035 to meet demand and decarbonize, but copper supply shortage poses challenge.
US Steel Merger Faces Post-Election Decision As National Security Fears Stall Nippon Deal
The U.S. security panel delays decision on Nippon Steel's bid for U.S. Steel until after Nov. 5 election, providing companies time to address concerns.
Biden's Expected Veto Of US Steel Deal Is Hunt For 'Labor Union Votes,' Says Top Japan Official
Biden administration blocks Japanese company's acquisition of US Steel, citing national security concerns. Experts disagree, saying it would hurt economy and US-Japan relations.
Nippon Steel Pledges Additional $1.3B Investment In US Steel Amid Takeover Resistance From Team Biden
At Gary Works in Indiana, the company will invest approximately $300 million to revamp the blast furnace, extending the plant's operational life by up to 20 years.
Nucor Shares Climb Following Q2 Results: What To Know
Nucor Corporation reported its second-quarter financial results Monday. Here's a look at the key figures from the report.
Ampco-Pittsburgh Stock Skyrocket 70% In Pre-Market Following $11.7M Deals Secured By Subsidiary
As per their press release Wednesday, Union Electric Steel Corporation will provide rolls for two new rolling mill projects in Mexico and Scandinavia, with deliveries expected in the first half of 2025.
US Steel's $3 Billion Mini-Mill Sparks Stock Upgrade: What Investors Need To Know
U.S. Steel (X) sees optimism for its $3B Mini-Mill in Arkansas. BMO upgraded stock from Market Perform to Outperform, expecting increased profits by 2026.
What's Going On With Nucor Corp Stock On Friday?
Nucor Corporation's shares are dropping as its second-quarter outlook falls short of expectations, citing lower earnings due to decreased average selling prices and lackluster volumes in steel segments.
US Steel Investigation Underway; Kaiser Aluminum's Sustainability Progress; CMC Named Climate Leader And More: Friday's Top Mining Stories
U.S. Steel Investigation Underway; Kaiser Aluminum's Sustainability Progress; CMC Named Climate Leader And More: Friday's Top Mining Stories
Biden Announces Massive Tariffs On Chinese Imports To Protect US Industries: Clean Energy, Solar Stocks Rally
President Biden announces new tariffs on Chinese goods to protect American economy and domestic jobs. Also aims to counteract subsidized production.
Nucor Shares Fall After Worse-Than-Expected Q1 Results
Nucor reported quarterly earnings of $3.46 per share which missed the analyst consensus estimate of $3.65 by 5.21% and represents a 22.25% decrease from earnings of $4.45 per share year-over-year. Quarterly sales came in at $8.14 billion, missing the analyst consensus estimate of $8.26 billion by 1.49% and representing a 6.58% decrease from the same period last year.
Cleveland-Cliffs Q4 Earnings: Revenue Miss, EPS Miss, $1.5B Buyback And More
Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346 billion, according to Benzinga Pro. The company reported adjusted earnings of 18 cents per share, which missed analyst estimates of 22 cents per share.
Biden Calls For Triple Tariffs On Chinese Steel, Aluminum If Proven 'They're Cheating'
President Biden announced measures to combat China's unfair trade practices in steel and aluminum, citing investigations and potential tariffs.
Biden To Announce Tariff Hikes On Chinese Steel, Aluminum Imports: Another 'Hit To Real Income And Consumer Spending,' Economist Cautions
President Biden to propose 25% tariffs on Chinese steel and aluminum, targeting unfair trade practices and protecting US manufacturing jobs.
Biden Ramps Up Pressure On China With Proposed Tariff Increase On Steel, Aluminum
den is expected to announce his push for raising the average tariff from 7.5% to counter what his administration perceives as China's unfair trade practices.
Iron Ore Surge Boosts Australian Dollar As Rio Tinto Invests in Innovation
Iron ore prices surge on rising Chinese demand, with transaction volumes at major ports increasing. This is positive for the Australian Dollar and its export market.
Foremost Lithium Reports Drilling Progress; Barrick Gold Withdraws From Silver Project; Cleveland-Cliffs Raises Prices And More: Wednesday's Top Mining Stories
Top stories: Lithium exploration, Barrick Gold withdraws from Argentina project, Cleveland-Cliffs raises steel prices, Freeport-McMoRan declares dividend.
US Steel Delivers Better-Than-Expected Q4 Results
U.S. Steel ended the year with another quarter of strong financial and operational performance, says its CEO.
US Steel Q4 Earnings Preview: All Eyes On Nippon's $14.1 Billion Deal
U.S. Steel stock is up about 70% over the past year. Despite sound financials, it's considered a speculative bet as investors prefer Nucor.
Nucor Posts Q4 Earnings Beat, States It Sees An Increase In Q1 Earnings, Stock Rises
Nucor Corp (NYSE: NUE) shares are trading higher in Monday's after-hours session after the company reported its fourth-quarter financial results.
Tommy Tuberville Lost On Tesla Trade, Could Win Big On US Steel Trade: A Look At The Congress Trades Raising Eyebrows
Senator Tommy Tuberville has been actively trading United State Steel stock and options ahead of a proposed buyout.

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