(Reuters) - Indian steel mills are likely to see a sharp drop in prices after U.S. import tariffs come into effect and reshape global trade of the alloy, potentially redirecting a glut of supply into ...
European hot-rolled coil prices have dropped to €540–550/t, with imports falling below €500/t. The CBAM’s unclear carbon cost benchmarks may soon favor domestic over imported steel. Tata Steel begins ...
Jefferies has a price target of ₹230 on Tata Steel, which implies a potential upside of 26% from current levels. For JSW Steel, it has a target of ₹1,400, which implies an upside potential of 18%, ...
Nucor Corporation NUE and Steel Dynamics, Inc. STLD are two of the leading steel producers in the United States, often regarded as bellwethers for the domestic steel industry. Both have strong ...
US steel prices have significantly increased due to new tariffs, causing buyers to rush into the market and mills to constrain output. Despite rising prices, concerns about long-term demand ...
Business activity index fell to 17-month low in February Manufacturers that rely on steel revise financial forecasts due to tariffs White House says tariffs give US metal producers breathing room, ...
Nucor's low-cost, sustainable steel production and strong domestic focus position it as a resilient player in the U.S. steel market. Despite a 30% stock drop, Nucor's innovative EAF technology and ...
Steel producers like Cleveland Cliffs and Steel Dynamics both said this week that they raised prices after President Trump imposed a 50 percent tariff on imports. By Peter Eavis American steel makers ...
Cleveland-Cliffs stands out as the last major American-based integrated steel producer, benefiting from termination of legacy contracts, tariffs, and strategic acquisitions like Stelco. My earnings ...
CLSA believes there's room for further rate cuts ranging from 25–50 basis points in the entirety of the fiscal, after the Reserve Bank of India on Friday announced a 50 basis point cut in the repo ...