US Steel drops amid uncertainty on Nippon Steel deal as investors wait on CFIUS, Biden
US Steel ( NYSE: X) fell 4% as investors await a U.S. national security and Joe Biden decision on its planned $14 billion ...
Investopedia15d
How China Impacts the Global Steel Industry
It has been accused of dumping cheap steel on the global market to beat out competitors. During his administration President Trump pushed China to cut production, and more recently, in 2024 ...
List of Banks in Belarus20d
Russia’s Severstal expects steel demand to drop 5-7% as high rates hurt customers
MOSCOW (Reuters) – Russian steelmaker Severstal expects steel demand to drop by 5% to 7% in 2024 as the high cost of borrowing raises the strain on its customers’ investment plans, company head ...
The Washington Post23d
Australia, the land of iron ore exports, faces a green reckoning
Vast swaths of the rusty red Outback have been dug up and delivered overseas to make the steel that helped transform other nations: first the United States, then Japan and most recently China ...
The Motley Fool23d
Investing in Steel Stocks
Global steel use stands at 1.9 billion tons yearly, essential for various industries. Five major steel companies include Nucor, Steel Dynamics, Cleveland-Cliffs, ArcelorMittal, and U.S. Steel.
ThePrint23d
India’s JSW Steel posts bigger-than-expected Q2 profit drop on weak prices, demand
(Reuters) -India’s JSW Steel reported a bigger-than-expected slide in second-quarter profit on Friday as higher imports of cheap finished steel dragged domestic prices to multi-year lows amid subdued ...
Forbes24d
Bungie Admits Something Is Up With ‘Destiny 2’ Drop Weighting
The Destiny 2 community has stunned well, itself, by a new project that seems to have proven that drops have been weighted improperly for potentially years in terms of paired perk rolls. Now ...
Reuters24d
India's JSW Steel posts bigger-than-expected Q2 profit drop, cuts capex
Oct 25 (Reuters) - India's JSW Steel (JSTL.NS), opens new tab reported a bigger-than-expected slide in second-quarter profit on Friday hurt by weak domestic prices and muted demand and cut its ...
The New Indian Express24d
JSW Steel reports 85% drop in net income amid falling steel prices and rising imports
MUMBAI: JSW Steel has said its in consolidated net income plunged a whopping 85 percent to Rs 404 crore in quarter to September weighed down by cheap imports of finished steel, which dragged ...
The Diplomat25d
Nippon Steel’s Bid for US Steel: National Security Concerns or Political Grandstanding?
When Japan’s Nippon Steel announced its $15 billion bid to acquire U.S. Steel, it was hailed as a potential game-changer – a partnership that could revitalize the American steel giant and ...
NBC New York25d
China's steel exports expected to falter in 2025 as pain from tariffs spread
China's steel exports will soon hit an eight-year high, before sweeping tariffs sink in and drag down the industry in 2025, industry watchers said. Strategists at Macquarie Group predicted that ...