Steel News & Analysis

Nucor, ArcelorMittal and Steel Dynamics are part of the Zacks Industry Outlook article.

US President Donald Trump on Monday announced plans to levy tariffs on imports of computer chips, pharmaceuticals, steel, aluminum, and copper.

Nucor (NUE) delivered earnings and revenue surprises of 90.63% and 7.24%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

The two steel makers are seeking to revive Nippon Steel’s $14 billion takeover of U.S. Steel after it was blocked by the Biden administration.

“U.S. Steel is now in a dire state due its excessive capital spending, high debt, soft earnings and nonexistent contingency plan,” Ancora wrote.

Weaker steel prices and the sluggishness in China mar prospects of the Zacks Steel Producers industry. NUE, MT and STLD are well poised to navigate the current challenging environment.

24/7 Wall St. : Following the failure of a $55/share buyout deal from Japan’s Nippon Steel, U.S. Steel (NYSE: X) is struggling. Reportedly investigating a consortium proposal for U.S. Steel are domestic steel producers Cleveland-Cliffs (NYSE: CLF) and Nucor (NYSE: NUE), but any possible offer is believed to be much below Nippon’s original estimate. […]

The post US Steel (X) Is a Hot Mess Now appeared first on 24/7 Wall St..

In the most recent trading session, Allegheny Technologies (ATI) closed at $58.56, indicating a -0.71% shift from the previous trading day.

Lower earnings in the steel mills segment on weaker selling prices are likely to have hurt NUE’s Q4 results.

U.S. Steel (X) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

STLD believes that the market conditions are in place to support rising demand across its operational platforms in 2025.

The headline numbers for Steel Dynamics (STLD) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Steel Dynamics (STLD) delivered earnings and revenue surprises of 5.43% and 2.13%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

Function: Counter Trend (Minor Degree Grey). Mode: Corrective.

Nucor (NUE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

U.S. Steel (X) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

STLD’s fourth-quarter results are likely to have been impacted by lower profitability in steel operations due to weaker prices.

Steel Dynamics (STLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

While NUE gains on its actions to grow through acquisitions and capacity expansion, lower steel prices weigh on its profitability.

24/7 Wall St. : The U.S. government turned down Nippon Steel’s plan to buy U.S. Steel Corp. (NYSE: X), which let down workers and investors standing to gain from the $55 per share proposal. Lacking competitive positioning in both home and international markets, U.S. Steel is experiencing long-term decline and has no obvious road […]

The post Biden Suffocated US Steel’s (X) Best Option And Left Them Out To Dry appeared first on 24/7 Wall St..

Steel Dynamics (STLD) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Chinese demand for steel and iron ore has finally peaked. The industry hopes the energy transition will spark a new boom, but it will be shaped by geopolitical competition

In the most recent trading session, Steel Dynamics (STLD) closed at $123.52, indicating a +0.2% shift from the previous trading day.

After Nippon Steel’s bid was thwarted by the Biden administration, other American competitors are looking for an acquisition.

There’s renewed uncertainty over U.S. Steel’s future after President Biden decided to block Nippon Steel’s acquisition bid, worth over $14 billion, citing national security.

Alpha Metallurgical (AMR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.

An offer is probably months away from happening.

The bid by Japan’s Nippon Steel to buy U.S. Steel may have a new lease on life after the Biden Administration extended a deadline for the Japanese steelmaker to abandon plans to acquire the storied Pittsburgh company after President Joe Biden bl…

Potential approach comes weeks after Joe Biden blocked Nippon Steel’s proposed $15bn takeover