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Iron ore consolidates gains, set for 3rd weekly rise on China ...
iron ore market singapore
Sat, 27 Apr 2024 00:00:00 GMT
Iron ore futures were poised for a third straight weekly rise as prices largely consolidated gains on Friday, with improving demand in top consumer China countering higher portside inventories. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 recouped earlier losses and closed daytime trade 0.06% higher at 884.5 yuan ($122.07) a metric ton. The benchmark May iron ore on the Singapore Exchange was 0.13% higher at $118.45 a ton, as of 0728 GMT. The


Dalian iron ore extends gains on China demand hopes, profit-taking ...
iron ore results singapore
Fri, 26 Apr 2024 00:00:00 GMT
Dalian iron ore futures prices extended their rise for a second straight session on Thursday, supported by lingering demand hopes in top consumer China, although some profit taking limited gains. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 1.03% higher at 879.5 yuan ($121.36) a metric ton, after rising more than 3% on Wednesday. The benchmark May iron ore SZZFK4 on the Singapore Exchange, however, surrendered early gains to dip


Thyssenkrupp Schulte to cut 450 jobs
germany steel tks
Fri, 26 Apr 2024 00:00:00 GMT
Thyssenkrupp Schulte, the German steel stockholder unit of thyssenkrupp Materials Services, says it...


European HRC prices stable, mills expected to increase offers
europe market steel
Fri, 26 Apr 2024 00:00:00 GMT
Domestic prices for hot-rolled coil in Europe have been stable on April 25 and steelmakers are...


Imports put strong pressure on rolled metal prices in Europe
europe market steel
Tue, 23 Apr 2024 14:50:02 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings


Nucor's (NUE) Earnings Lag, Revenues Beat Estimates in Q1
market nucor steel usa
Tue, 23 Apr 2024 00:00:00 GMT
Earnings in Nucor's (NUE) steel mills unit increase sequentially in Q1 on higher average selling prices and increased


Fortescue Ltd. Sponsored ADR (FSUGY) Upgraded to Strong Buy: ...
fmg results
Mon, 22 Apr 2024 16:00:10 GMT
Fortescue Ltd. Sponsored ADR (FSUGY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near


The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs
steel trade
Sat, 20 Apr 2024 12:02:09 GMT
The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs


The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs
steel trade
Sat, 20 Apr 2024 07:28:09 GMT
The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs


Russia: coal industry on brink of collapse
coal market russia
Fri, 19 Apr 2024 09:28:50 GMT
The Commission of the State Council on Energy warns of a heavy crisis in the coal industry of Russia. This year, it could sustain losses of up to 450 billion rubles, which would exceed its income for the previous two years. The crisis is due to the drop in coal prices, increase in logistics


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