Robust sales, price hikes to drive earnings of steel companiesWed, 14 Apr 2021 00:00:00 GMTSteel stocks have been in demand in the wake of domestic firms reporting strong sales volume growth during the fourth quarter, indicating continuing steel demand momentum. The recent price hikes by steel manufacturers have also come on the back of the firm demand. Thus, with rising volumes and improving realizations, Indian manufacturers are set to report improved earnings. Share prices of Tata Steel Ltd, JSW Steel Ltd, Jindal Steel and Power Ltd (JSPL) and Steel Authority of India Ltd
https://www.hellenicshippingnews.com/robust-sales-price-hikes-to-drive-earnings-of-steel-companies/
Cleveland-Cliffs (CLF) Inks Deal with United SteelworkersTue, 13 Apr 2021 00:00:00 GMTCleveland-Cliffs' (CLF) agreement with United Steelworkers provides it with a competitive cost structure for future
https://www.zacks.com/stock/news/1389824/cleveland-cliffs-clf-inks-deal-with-united-steelworkers
Metal Stocks Rally Amid Jump In Commodity PricesTue, 13 Apr 2021 00:00:00 GMTMetal stocks today: Steel Authority of India or SAIL gained more than six per cent, while Jindal Steel gained more than five per cent, in the session
https://www.ndtv.com/business/metal-stocks-today-metal-stocks-rally-amid-jump-in-commodity-prices-2412605
US finished steel prices expected to remain high through September: ...Tue, 13 Apr 2021 00:00:00 GMTMore than half of steel market participants surveyed expect US finished steel prices to remain at their current highs or rise further in the coming six months, industry respondents said in an S&P Global Platts poll. Out of 91 poll respondents, a total 44% said they expect to see domestic finished steel prices increase in the coming six months, with those expecting prices to rise by more than 10% and those expecting the increase to be less than 10% at 22% each. Additionally, 12% of survey
https://www.hellenicshippingnews.com/us-finished-steel-prices-expected-to-remain-high-through-september-poll/
NLMK Group named worldsteel Sustainability ChampionTue, 13 Apr 2021 00:00:00 GMTThe World Steel Association (worldsteel) has named NLMK Group a Sustainability Champion. The title is awarded annually to steel companies that have proven their commitment to the principles of sustainable development, and is the main industry award in the
http://nlmk.com/en/media-center/news-groups/nlmk-group-named-worldsteel-sustainability-champion/
Glencore - Press ReleaseMon, 12 Apr 2021 14:19:53 GMTChina Huaneng Group and Glencore sign MOU on CCUS Project
https://www.glencore.com/media-and-insights/news/china-huaneng-and-glencore-sign-mou-on-ccus-project
Steel TubeandPipe 2021 scheduled for May 10-12Mon, 12 Apr 2021 11:30:00 GMTU.K.-based Fastmarkets, part of the Euromoney Institutional Investor PLC group, will hold its Steel TubeandPipe 2021 event virtually May 10-12, 2021. It will include steel market experts covering supply and demand outlooks, the financial health of the oil and gas industry, and developments
https://www.thefabricator.com/tubepipejournal/news/tubepipeproduction/steel-tube-pipe-2021-scheduled-for-may-10-12
Earnings Estimates Rising for Nucor (NUE): Will It GainMon, 12 Apr 2021 00:00:00 GMTNucor (NUE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate
https://www.zacks.com/stock/news/1385025/earnings-estimates-rising-for-nucor-nue-will-it-gain
Cleveland-Cliffs and the USW reach tentative agreementMon, 12 Apr 2021 00:00:00 GMTCleveland-Cliffs Inc. announced a tentative agreement with the United Steelworkers for a new 53-month labor contract that is effective as of April 1, 2021. The new contract will cover approximately 300 USW-represented
https://www.modernmetals.com/itemlist/category/2.html
Big traders ramp up derivative bets on SAILSat, 10 Apr 2021 00:00:00 GMTAnalysts attribute the elevated trading interest to an ongoing rally in metal prices and SAIL trading at relatively cheaper valuations to peers such as Tata Steel and JSW Steel which are near and at record highs,
https://economictimes.indiatimes.com/markets/stocks/news/big-traders-ramp-up-derivative-bets-on-sail/articleshow/81995655.cms
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