An increase in ferrous scrap pricing almost certainly felt long overdue. While winter weather can be unhelpful in terms of ...
ArcelorMittal (NYSE:MT) -0.8% in Friday's trading as Morgan Stanley downgrades shares to Equal Weight from Overweight with a €29.80 price target, saying the stock's YTD run-up is out of sync with the ...
US Steel shares rose as much as 6% after President Donald Trump announced tariffs on steel imports. US metals producers got a lift on the prospect of increased business and pricing power.
Trump said over the weekend he plans to impose a 25% tariff on all steel and aluminum but didn't say when. The tariffs are seen as helping domestic producers because they could potentially reduce ...
The company said, “The Company expects world ex-China apparent steel consumption to grow by 2.5% to 3.5% in 2025 as compared to 2024, which is ...