TOKYO — U.S. opponents of a Japanese steelmaker’s $14.9 billion bid for U.S. Steel cite concerns about national security and a reluctance to relinquish a storied American company. In Japan ...

U.S. Steel anticipates Q3 adjusted EBITDA of $300 million. European demand weakness has led to the temporary idling of Blast Furnace #1, highlighting pressures in the Tubular segment. United ...

United States Steel Corporation (NYSE:X) shares are trading higher on Thursday. The company provided third-quarter 2024 adjusted net earnings per share guidance of $0.44 to $0.48 versus an ...

US Steel put itself up for sale in 2023 after receiving an unsolicited $7 billion takeover offer from Ohio-based Cleveland Cliffs. The $14.9 billion deal with Nippon Steel, Japan’s largest ...

Price moves West Texas Intermediate crude CL00 for October delivery CL.1 CLV24 rose $1.10, or 1.6%, to close at $71.19 a barrel on the New York Mercantile Exchange.

The sluggish demand for steel has resulted in a greater share of mills recording losses, as they have maintained output even as prices slid. Benchmark steel rebar contracts in Shanghai dropped to ...

Iron ore prices need to keep falling well below $US90 a tonne to force more producers in India to cut output and resolve the enormous piles of the steel-making raw ...

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 ...

and Washington, D.C., about how they feel about current grocery prices as a result of inflation and if they feel better off now under the Biden-Harris administration or during the Trump ...

STLD’s steel operations profitability is expected to be significantly lower than the second quarter due to reduced average realized pricing in the flat rolled operations. Approximately 80% of ...

With China’s economy struggling, its steelmakers are selling abroad at bargain prices, to the distress of foreign competitors and politicians alike. Last month Nippon Steel, Japan’s biggest ...