US Steel Prices
-
Removal of export duties on steel and iron ore, industry welcomes decision
The steel industry on Saturday welcomed the withdrawal of export duties. On Friday evening, the government notified the withdrawal as of Saturday. The duty was imposed ... -
Rising steel prices and interest rates could push the cost of the NuScale Utah project to $100/MWh, but support remains
Diving Brief: Rising steel prices and interest rates are driving up the projected cost of power for the 462 MW small modular reactor project planned by ... -
October Inflation Report to Outline Latest Price Trends – Commodity Roundup
— Brent crude oil edged down 0.5% to $92.25 a barrel. — The European benchmark gas weakened 2.2% to 110.63 euros per megawatt hour. — Gold ... -
Yellen visits India to bring growing economic power closer to American orbit
WASHINGTON, Nov 8 (Reuters) – Janet Yellen begins her first trip to India as U.S. Treasury Secretary on Tuesday, focusing more on the similarities between the ... -
Is it still safe to own shares of Algoma Steel Group (ASTL)?
Nordstern Capital, an investment management firm, has released its third quarter 2022 letter to investors – a copy of which can be downloaded here. In its ... -
The energy crisis gives the United States a chance to woo big European companies
European heavy industry has endured a few dark months. Skyrocketing energy prices and fuel shortages caused by the Russian invasion of Ukraine left almost 10% of ... -
US Steel Misses Q3 EPS 2c, Revenue Exceeds By Investing.com
We encourage you to use comments to engage with other users, share your views, and ask questions of the authors and each other. However, in order ... -
Market Movers Americas, October 24-28: Offshore Wind on the Rise; economic impacts on shipping and steel
For full access to real-time updates, breaking news, analysis, prices and data visualization, subscribe today. Subscribe now On this week’s ... -
Steel price slump drags JSW Steel into surprise ₹915 crore loss in Q2
JSW Steel Ltd posted an unexpected loss in the fiscal second quarter, hit by lower steel realizations and volatile raw material prices. The company recorded a ... -
Steelmaking profitability down 20% in China
Is everything catastrophic for the Chinese steel industry? It’s hard to say at the moment. Indeed, China finds itself in a precarious situation financially. Moreover, a ... -
Despite an AP/E ratio of 2, US steel stock is not a buy
Phynart Studio The inflationary wave that we have experienced in the last two years has shaken up a lot of things. Some industries left for dead, ... -
Daily Update October 7, 2022
Start each business day with our analyzes of the most pressing developments affecting the markets today, along with a curated selection of our latest and most ... -
ArcelorMittal doubles its investment in India
ArcelorMittal seems rather optimistic on India. In fact, the company recently announced plans to double steel production at one of its major plants. ArcelorMittal-Nippon Steel India ... -
Cost of construction in Kenya drops as cement and steel prices fall on rising supply
Kenyan developers can now access construction materials at a reduced price following an increase in supply Prices for cement and steel metal products fell in September ... -
Stock market today: The Dow plunges 486 points and approaches the bear market
The stock market took another step back on Friday as Treasury yields continued to rise to levels not seen in more than a decade. Today’s fall ... -
US CFTC member urges ‘digging deeper’ into factors behind recent swings in commodity prices
The U.S. Commodity Futures Trading Commission is expected to conduct a series of in-depth studies to determine whether prices in commodity markets that have recently experienced ... -
Gasoline prices fall for 14th straight week
UNDATED — Gas prices continue to slowly decline. Gas Buddy says the average gasoline price in Minnesota fell 2.2 cents last week, to an average of ... -
Steel Shipments Fall 7.3% Year Over Year | Northwest Indiana Commercial Securities
U.S. steel mills shipped 7.67 million tons of steel in July, the most recent month for which data is available, according to the Washington, DC-based trade ... -
Nickel prices stabilize amid rising supply, slowing demand • Recycling International
Although nickel price volatility has been relatively limited in recent times, nickel and stainless steel markets continue to be impacted by global economic risk factors, including ... -
Atlanta Gear Works of Dawsonville Announces Agreement with McClain Industrial Technologies
Atlanta Gear Works of Dawsonville announced a new working agreement with McClain Industrial Technologies, Inc. (MiTek), which will bring more than 30 years of steel and ... -
Business News | Steel prices set to rise further from September – Vedant Goel, Director, Neo Mega Steel LLP
New Delhi [India], September 12 (ANI/ATK): Third largest economy in the world according to PPP calculations, India is also the third largest steel producer after China ... -
Array Technologies: Potentially strong tailwinds, but wait for better entry (NASDAQ:ARRY)
baona/iStock via Getty Images Network technologies (NASDAQ:ARRY) went public and immediately faced a cascade of challenges, both macroeconomic and operational, that contributed to its post-IPO share ... -
European stainless steel factories close due to energy crisis
By Ag Metal Miner – Sep 02, 2022, 2:00 PM CDT Stainless steel factories are closing across Europe due to the current energy crisis. ... -
Stainless steel in a “dead end”
Stainless steel prices continue to struggle heading into the final quarter of the year. Meanwhile, nickel prices are floating just above their 2021 average, closing August ... -
How is buying or renting a house in Pittsburgh?
Auckland and the US city of Pittsburgh are on opposite ends of the housing affordability spectrum, but the former ‘Steel City’ also faces challenges – despite ... -
Fed: What to watch out for from the Fed and how to avoid India’s equivalent of meme actions
“In auto, if you’re betting on EVs, stick with the legacy guys. Even though it’s a very well-funded startup, you have to see their delivery and ... -
CBRE says brace for biggest rise in construction costs in years
CBRE announced this week that it expects construction costs to rise by 14.1% which will likely be the largest in several years, although relief may be ... -
U.S. Representative William Timmons visits a steel fabricator
U.S. Representative William Timmons was in Spartanburg County on Monday. He met with local business leaders in the morning and visited Spartanburg Steel Products in the ... -
Why other countries need our dollars – Twin Cities
Ed Lotterman Month after month, China’s holdings of US Treasury securities are eroding. In other words, the central bank of this country lends less and less ... -
Non-residential construction costs rise 2.2% in Denver
Mortenson has just released its Q2 2022 Construction Cost Index report for Denver and other major US markets. The overall construction cost index across all markets ... -
The market has spoken (and I’m listening)
There is an old adage among traders: “Let the market decide”. In other words, don’t try to predict the future. Instead, react to what is already ... -
Steel players who hope to remove export duties; agree with investment plans
The export duty recently imposed on certain steel products will not force steelmakers to revise their capital expenditure plans, as major producers expect ... -
Kansas Sen. Roger Marshall: Retailers need card competition
OPINION AND COMMENT Editorials and other opinion content provide insights into issues important to our community and are independent of the work of our newsroom reporters. ... -
Gerdau’s net profit rises sharply in Q2
Brazil’s Gerdau Group reported consolidated net profit of BRL 4.29 billion ($824 million) for the second quarter of 2022, up from BRL 2.94 billion in the ... -
Demand for commercial vehicles is expected to accelerate
NEW DELHI : Commercial vehicle sales are set to improve from August as fleet operators are likely to finalize purchases during the holiday season, industry executives ... -
US Steel wins on record Q2 results; Newmont slips as rising costs hurt profits
The Materials sector rose slightly this week, with the S&P 500 Materials Index and the Materials Select Sector SPDR (XLB) both rising 4%. Below is a ... -
Steel Dynamics CEO says his Steel is more high-tech than Facebook
Steel Dynamics CEO Mark Millett co-founded the company, now one of the largest steel producers and metal recyclers in the United States. But just four decades ... -
Business news live today: latest economic news, market news, economic and financial news
Search mutual fund quotes, news, net asset values ... -
Small business owners, under pressure, are now more gloomy about their economic future
According to the NFIB index, expectations for improving conditions have worsened every month this year. “Without a doubt, there is a small business community that is ... -
Biden announces new climate change actions but holds emergency statement in reserve
President Joe Biden gestures as he boards Air Force One for a trip to Somerset, MA, to talk about the climate, Wednesday, July 20, 2022, at ... -
Top 3 Dividend Kings for H2 2022
Jhe first half of 2022 marked the worst start to a year for the US stock market in more than 50 years. Between 40 years of ... -
The Best Stainless Steel Cookware Sets of 2022
In terms of price, sometimes it’s better to shoot somewhere in the middle. While cheaper sets are obviously more affordable, they are sometimes made from inexpensive ... -
Aluminum prices: Is China opening the stimulus taps? – Steel, aluminum, copper, stainless steel, rare earth and metal prices, forecasts
This is not a trivial question. Over the past two decades, China’s infrastructure spending has been driving demand growth for steel, copper and aluminum prices. So ... -
Summer gloom hits the global longs market
Demand is weak in the global market for long products, according to the latest outlook report from IREPAS, and combined with weak commodity prices, mills are ... -
Meet Kristopher Tharp, New Illinois State Senator for District 56
Wood River A committee of Democratic party leaders from Madison, St. Clair and Jersey counties announced who will replace State Sen. Rachelle Aud Crowe in the ... -
Metals companies are feeling the heat as commodity prices continue to fall
Weighed down by a sharp fall in metal prices globally, stocks of commodity-based companies have seen huge price erosion. Shares of metals companies like Hindalco, Vedanta, ... -
Shop 4th of July Appliance Deals Now
— Recommendations are independently chosen by the editors of Reviewed. Purchases you make through our links may earn us a commission. Everyone has their plans for ... -
Daily Update: June 28, 2022
Start each business day with our analyzes of the most pressing developments affecting the markets today, along with a curated selection of our latest and most ... -
Metal smelting: Fears of a global slowdown drive prices down
Metal prices are falling rapidly on growing fears of a recession in the world’s major industrial economies, particularly the United States, as central bankers tighten monetary ... -
California GOP Rep. Valadao Advances in US House District | New Policies
By MICHAEL R. BLOOD, AP Political Writer LOS ANGELES (AP) — Rep. David Valadao advanced Friday to a runoff in November in a Democratic-leaning district in ... -
Inflation holds back new infrastructure projects | News, Sports, Jobs
Des Moines International Airport OFFICIALS were counting on federal infrastructure money to replace an aging terminal with a modern structure by 2026, but ... -
Inflation slows new infrastructure projects | Wyoming News
By DAVID A. LIEB and MICHAEL CASEY, Associated Press The price of a foot of water pipe in Tucson, Arizona: up 19%. The cost of a ... -
US Steel stock price target cut at BMO and Credit Suisse (NYSE:X)
gorodenkoff/iStock via Getty Images American Steel (NYSE:X) +1.8% in Friday’s trade, well below earlier gains, after second-quarter forecasts easily beat consensus estimates, but two Wall Street ... -
Despite the workers’ will to fight, the IG Metall union organizes a clearance sale in the German steel industry
Despite the workers’ great will to fight, the IG Metall union and the employers’ associations have agreed on a massive reduction in the real wages of ... -
Behind almost every shortage and price spike is failed government policy
OPINION: In a market economy, persistent shortages of goods and services are not expected to occur, unlike in socialist economies. In free markets, if demand begins ... -
Steel industry body calls for government intervention to check coking coal price
Industry body ISA has called for immediate government intervention to control the price of coking coal, which has tripled to about $450 a ... -
Southwest Colorado farmers adjust to rising prices – The Durango Herald
Inflation, the war in Ukraine and the pandemic have led to an increase in fertilizers, animal feed Tanner Dukart, with Basin Coop in Durango, fills and ... -
Is the metal battery gold rush really over? – Steel, aluminum, copper, stainless steel, rare earth and metal prices, forecasts
The term battery metals generally refers to lithium, nickel and cobalt. The name derives from the fact that the three metals are frequently used in the ... -
Save up to 45% on fire pits and pizza ovens
— Recommendations are independently chosen by the editors of Reviewed. Purchases you make through our links may earn us a commission. As much as we love ... -
JSW Steel and Tata Steel watch margin squeeze as prices crash
A 15% export duty on steel is also likely to further weaken an oversupplied domestic market. Analysts, including at JPMorgan and Jefferies, called it “negative” for ... -
Lack of European solar production could cripple RePower EU supply – pv magazine International
Wood Mackenzie says Europe should dramatically increase its photovoltaic generation capacity to ensure that the 420 GW and more of new solar energy it wants this ... -
These 4 metrics indicate that Olympic Steel (NASDAQ:ZEUS) is using debt reasonably well
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett said “volatility is far from synonymous ... -
Steel companies: ‘With the tax, steel companies are forced out of export markets…our loss is China’s gain’
Steel prices in India had already corrected by 10% in line with global trends when the government surprised the industry with a 15% export tax, said ... -
Here are the 10 cheapest stocks in the S&P 500 index
Super cheap stocks can give investors a nice margin of safety in a tough market. An easy way to find them is to select stocks with ... -
Will the US steel stock regain its momentum?
UKRAINE – 2021/12/18: In this photo US Steel (United States Steel Corporation)(USS) … [+] logo is seen on a smartphone and computer screen. (Photo Illustration by ... -
Oil jumps 4% as US gasoline prices hit record high
Oil prices rose about 4% on Friday as U.S. gasoline prices hit a record high, China appeared poised to ease pandemic restrictions and investors feared supplies ... -
Huge percentage gains – “Robinhood skyrockets 25%”, “Coinbase skyrockets 35%”. But you can barely see it on the stairs to Heck
This is now a common occurrence with these imploded stocks. By Wolf Richter for WOLF STREET. Headlines were everywhere last night and today: “Robinhood Soars…” or ... -
Putin celebrates Victory Day, Russian TV channel Rutube hacked
Protesters in Poland drenched Moscow’s ambassador to Warsaw in red paint after they invaded a local cemetery for Soviet soldiers who died in World War II, ... -
Putin apologizes for Lavrov’s remarks about Jews, Israel says
When Russia invaded, the lead singer of one of Ukraine’s biggest pop-rock bands swapped his microphone for fatigues and headed to the front lines as a ... -
Live Updates: Russia’s War in Ukraine
First Lady Jill Biden delivers remarks at the Council of Chief State School Officers’ National and State Teachers of the Year 2022 event at the White ... -
Prepare to haggle amid wild price swings at appliance dealers in the Twin Cities
Devices last for decades. But changing trends and features and shorter appliance lifespans mean you’ll likely need to replace at least one or two dishwashers, ranges, ... -
Senator Collins highlights “the extraordinary… | US Senator Susan Collins
Click HERE, HERE, HERE and HERE for high resolution photos Click on HERE to read Senator Collins’ opening statement. Click HERE to watch Senator Collins’ opening ... -
2022 Recession Fears Analysis – Steel, Aluminum, Copper, Stainless Steel, Rare Earths & Metals Prices, Forecasts
Recession fears have so far largely focused on the United States. However, a recent note from Capital Economics to its clients predicts that we are much ... -
Household Beauty Devices Market Size to Grow USD 4.04 Billion from 2021 to 2026 | Opportunities evolving with Kao Corp and Bio Ionic
NEW YORK, April 22, 2022 /PRNewswire/ — Household Beauty Devices Market Facts at a Glance- Technavio has announced its latest market research report titled Household Beauty ... -
Steel products maker posts record second-quarter profits
Shares of steel wire maker Insteel Industries Inc. traded up 10.5% after the company released Q2/22 financial results that showed a 53% increase in year-on-year revenue ... -
Ukrainian commander calls for international evacuation effort at Mariupol plant as situation ‘critical’
The Russian Defense Ministry issued a statement on Tuesday claiming that Russian forces had opened an evacuation corridor around the besieged Azovstal steelworks in Mariupol, a ... -
Ford Mustang Mach-E Prices Rise Dramatically Due To Rising Material Costs
Ford Mustang Mach-E prices have risen significantly in the UK due to rising material and energy costs. The Mach-E originally started at £41,330 ($53,976) in Britain, ... -
The Košice steelworks would be on sale again
The company is tight-lipped about complaints. Font size:A–|A+ Comments disabled US Steel in Košice is again for sale, according to the daily Hospodárske Noviny. The article ... -
Here’s how the Russian-Ukrainian war is driving up prices
(The Hill) – Russia’s invasion of Ukraine and the resulting sanctions imposed on Moscow are contributing to the global price spike that Americans are feeling across ... -
Steel prices rise for second time in April
CARACHI: Manufacturers in the domestic steel industry raised steel plate prices for the second time in the current month of April following the depreciation of the ... -
The Dow rises slightly, the S&P 500 and the Nasdaq fall
The yield on the US 10-year note was 4 basis points higher at 2.70% around 4:59 p.m. in New York; two-years were at 2.51% and five-years ... -
3 stocks with huge long-term potential
Global ripples, including the conflict in Ukraine, are creating near-term pressure on various commodities and materials. However, investors shouldn’t view them as just short-term problems that ... -
War in Russia could further drive up auto prices and shortages | Economic news
By TOM KRISHER and KELVIN CHAN, AP Business Writers DETROIT (AP) — BMW has halted production at two German plants. Mercedes is slowing down work at ... -
Higher costs pinch home buyers
(CNN) — As house prices and rents soar, Americans are struggling to keep up with the cost of living. Many resort to places they can fix ... -
April 8, Hank Aaron hits the 715th homer – The Durango Herald
Today in History Today is Friday, April 8, the 98th day of 2022. There are 267 days left in the year. Today’s highlight in the story: ... -
Bond market disrupted by inflation concerns
At one point this month, for example, the S&P 500 had fallen more than 10%, in the range known in market jargon as a correction, and ... -
US Steel Stock Sizing (NYSE:X)
GC Shutter/E+ via Getty Images This world of withered leaves and melting snow may not be a perfect world, but it is the only real one.– ... -
HR 17 ignores global trends and local carbon cashback benefits
John Gage of Windham is an NH State volunteer coordinator for the Citizens’ Climate Lobby. Say no !” to a tax may seem like a no-brainer ... -
St. Patrick’s Day is a great excuse to think green
As the horror of Russia’s war in Ukraine continues, much of our attention has focused on the various ways to starve the Russian economy in hopes ... -
Chinese Nickel Tycoon’s ‘Big Short’ Boosts Tsingshan’s Miraculous Growth | Investment News
By Praveen Menon, Min Zhang and Fransiska Nangoy (Reuters) – Chinese tycoon Xiang Guangda must find a way to extricate his Tsingshan Holding group from a ...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/7I6Z437MQZO43JMN7YXUMB62OI.jpg)
/cloudfront-us-east-1.images.arcpublishing.com/gray/AB7SRXHA4VGNRLC5YMTLQI2EPM.jpg)
