Earnings will be down sequentially due to seasonal effects and what management described as “margin compression” in sheet ...
Disruptive weather in the United States and lagging scrap generation in Europe appear to be creating supply factors that ...
China’s top steel industry group has urged the state-backed iron ore trader, China Mineral Resources Group Co., to push for ...
The steel industry has navigated 2025 with a combination of price volatility, changing trade policies and uneven end-market ...
Steel Dynamics projects Q4 EPS $1.65–$1.69, below $2.15 consensus, citing lower steel prices, seasonal demand, and ...
The Raw Steels Monthly Metals Index (MMI) increased by 2.53% as U.S. steel prices found a bottom, leading to a significant uptick in Hot-Rolled Coil (HRC) steel prices. U.S. steel capacity utilization ...
Indian ferrous players are likely to witness an EBITDA/tonne contraction to the tune of Rs 2,000/tonne in the third quarter, given lower realisations and higher coking coal costs, according to JM ...
The Zacks Steel Producers industry is buffeted by significant challenges as steel prices have experienced a sharp decline in the United States and globally. Soft demand in China amid an economic ...
Steel Dynamics (STLD) has issued a disappointing outlook for its third-quarter 2024 adjusted earnings. The company projects Q3 earnings per share in the range of $1.94 to $1.98, which is below the ...
Amid a double whammy, which is a fall in steel prices and higher cost of production, JSPL's steel spreads are likely to ...