Commodity prices are hot right now. But the prices investors are paying in the open market for commodities like coffee, copper or corn can have little to do with the price customers pay at the store.
The steel industry hit a speed bump after a bumper 2021 as steel prices cooled off after catapulting to all-time highs last year. The pullback is partly due to the improved supply-side situation ...
Stainless Steel Market Faces Year-End Off-Season, Low Spot Prices Fail to Boost Demand] SMM November 7 - SS futures showed a downward pullback. Although SHFE nickel performed strongly yesterday due to ...
Analysts at Citi crunched the numbers on what a 25% tariff on steel and aluminum imports would mean. They point out the U.S. imports about 25% of its steel supply, of which 80% is tariff free due to ...
BMI, a unit of Fitch Solutions, maintained its 2025 global average steel price forecast at $730/tonne, expecting prices to edge higher driven by protectionist measures under Donald Trump, offsetting ...
U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%. This spike is largely attributed to the Trump administration's imposition of ...
Steel Dynamics (NASDAQ:STLD) +4% in Thursday's trading after posting Q3 GAAP earnings of $2.05/share that beat analyst expectations and the company's prior guidance of $1.94-1.98. Q3 net income fell ...
President Donald Trump announced on Friday that he will raise tariffs on steel imported into the United States from 25% to 50%, aiming to further protect American steelworkers. Speaking at a U.S.