Steel industry news - economics - prices costs capex.

EU HRC prices rise due to higher mill offers
europe market
Mon, 28 Oct 2024 00:00:00 GMT
Domestic European hot-rolled coil prices rose slightly Oct. 25, as many European mills increased...


Indias JSW Steel posts bigger-than-feared Q2 profit drop
india jsw results steel
Sat, 26 Oct 2024 00:00:00 GMT
JSW Steel reported a bigger-than-expected slide in second-quarter profit on Friday as higher imports of cheap finished steel dragged domestic prices to three-year lows. The countrys biggest steelmaker by market cap reported a six-fold decline in profit to 4.39 billion rupees ($52.23 million) for the quarter ended June 30. Analysts, on average, had expected profit to decline 78%, as per LSEG data. Source: Reuters - (Reporting by Manvi Pant in


Dalian iron ore dips as mixed supply data, softer global steel ...
iron ore production singapore
Fri, 25 Oct 2024 00:00:00 GMT
Dalian iron ore futures prices declined on Thursday, as investors weighed mixed production data while a softer global steel market outlook added pressure on prices. The most-traded January iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.26% lower at 755.0 yuan ($106.13) a metric ton. The benchmark November iron ore SZZFX4 on the Singapore Exchange, however, was 1% higher at $99.70 a ton, as of 0710 GMT. Production reports from major miners have shown they


Beltrame Group - Green Metal Event
beltrame steel
Fri, 25 Oct 2024 00:00:00 GMT
AFV Beltrame Group participated in the Green Metal Event organized by Dassault Systemes at Bellavista, a workshop dedicated to the use of digital technologies for increasing sustainability in the metal industry. The day was introduced by Carlo Gozio, and Chiara Bogo, followed by an in-depth analysis of economic trends in the steel industry presented


JSW Steel shares in focus ahead of Q2 earnings today
jsw results steel
Fri, 25 Oct 2024 00:00:00 GMT
JSW Steel Share Price: Shares of JSW Steel are anticipated to be in the spotlight due to upcoming September quarter earnings. The company is expected to report a revenue drop of 2% to 8.5% year-on-year and a significan't decline in profit after tax by 71% to 80%, as per


HRC prices largely unchanged in Europe; mills hope for stronger ...
europe market steel
Wed, 23 Oct 2024 00:00:00 GMT
European prices for steel hot-rolled coil remained broadly stable on Tuesday October 22 amid limited...


Nucor (NUE) Reports Q3 Earnings: What Key Metrics Have to Say
nucor results usa
Mon, 21 Oct 2024 00:00:00 GMT
Although the revenue and EPS for Nucor (NUE) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago


JSW Steel-JFE JV to acquire Thyssenkrupp Co for Rs 4kcr
germany investment steel tks
Sat, 19 Oct 2024 00:00:00 GMT
JSW Steel and JFE Steel Corp's joint venture acquires Thyssenkrupp Electrical Steel India for 4,051.40 crore, including technology transfer. The acquisition provides market access for grain-oriented electrical steel, used in transformers and generators, manufactured at TKES India's Nashik plant. JSW Steel foresees rapid market growth in this


Hot-Rolled Coil Markets Show Contrasting Trends Amid Regional ...
market steel
Fri, 18 Oct 2024 16:45:00 GMT
In the ever-evolving steel market landscape, Hot-Rolled Coil (HRC) prices continue to demonstrate varied patterns across major markets.


Will Lower Steel Prices Weigh on Nucor's Earnings in Q3
nucor results steel usa
Wed, 16 Oct 2024 00:00:00 GMT
Lower earnings in the steel mills segment on weaker selling prices are likely to have hurt NUE's third-quarter results.


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