分组1 - Wall Street analysts expect Reliance to report quarterly earnings of $2.80 per share, reflecting a year-over-year increase of 26.1% [1] - Revenues are anticipated to reach $3.38 billion, which is an 8.2% increase from the same quarter last year [1] - The consensus EPS estimate has been revised upward by 0.3% in the past 30 days, indicating a reassessment of initial estimates by analysts [1] 分组2 - Analysts project 'Net Sales- Carbon Steel' to be $1.84 billion, representing a 9.5% increase year-over-year [4] - 'Net Sales- Alloy' is expected to reach $146.15 million, indicating a 2.1% increase from the prior year [4] - 'Net Sales- Stainless Steel' is forecasted at $476.93 million, showing a 0.8% increase compared to the previous year [4] 分组3 - The estimate for 'Net Sales- Aluminium' is $587.58 million, suggesting a 10% year-over-year change [5] - The average selling price per ton sold is projected to be $2275.56, up from $2170.00 in the same quarter last year [5] - The consensus estimate for 'Shipments (Tons sold)' stands at 1.51 million, compared to 1.44 million in the year-ago quarter [5] 分组4 - Analysts expect 'Tons Sold - Aluminium' to reach 77.25 thousand, an increase from 75.80 thousand reported last year [6] - The average prediction for 'Tons Sold - Stainless Steel' is 70.95 thousand, up from 67.70 thousand in the same quarter last year [6] - 'Tons Sold - Alloy' is estimated at 28.06 thousand, compared to 27.80 thousand from the previous year [7] 分组5 - 'Tons Sold - Carbon Steel' is projected to be 1.26 million, an increase from 1.19 million reported last year [7] - Reliance shares have increased by 14.2% in the past month, contrasting with the Zacks S&P 500 composite's decline of 0.3% [7] - Reliance holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [7]

Core Insights - Live Ventures Incorporated reported a significant operational improvement in its fiscal first quarter of 2026, with a 352.9% increase in operating income despite challenges in the housing market [3][4]. Financial Performance - Revenue for the quarter ended December 31, 2025, was approximately $108.5 million, a decrease of 2.7% from $111.5 million in the prior-year period [5][6]. - Gross profit remained stable at approximately $35.4 million, with a gross margin increase to 32.6% from 31.7% in the prior-year period [6]. - Operating income rose to $3.5 million, up from $0.8 million in the prior-year period, marking a 352.9% increase [5][8]. - The net loss for the quarter was approximately $0.1 million, with diluted loss per share at $0.02, compared to net income of $0.5 million and diluted EPS of $0.16 in the prior-year period [9][26]. - Adjusted EBITDA increased by 35.7% to approximately $7.8 million from $5.7 million in the prior-year period [10][14]. Segment Performance - Retail-Entertainment segment revenue increased by 11.0% to approximately $23.6 million, driven by strong consumer demand [15]. - Retail-Flooring segment revenue decreased by 20.2% to approximately $25.3 million, attributed to store location changes and a soft housing market [16]. - Flooring Manufacturing segment revenue slightly decreased by 1.1% to approximately $28.9 million, but operating income improved significantly due to better gross margins [17]. - Steel Manufacturing segment revenue fell by 4.3% to approximately $31.9 million, with operating income increasing due to improved gross margins [18]. - Corporate and Other segment operating loss decreased to approximately $1.2 million from $1.6 million, reflecting reduced corporate expenses [19]. Strategic Initiatives - The company is implementing a comprehensive strategy to integrate AI across its business units to enhance operational efficiency and support long-term growth [4]. - Successful refinancing of a $47.0 million credit facility in the Steel Manufacturing segment has strengthened the balance sheet and increased lending capacity [6][10]. Balance Sheet Highlights - As of December 31, 2025, total assets were approximately $389.2 million, with stockholders' equity at $95.3 million [6][23]. - The company had approximately $38.7 million in cash and availability under credit facilities [10].

Thyssenkrupp reaffirms its full-year outlook despite restructuring costs at its steel division and a weak industrial backdrop weighing on performance https://t.co/6F2K56XHjS ...

Group 1 - The global order is being reshaped by U.S. President Donald Trump's policies, prompting "middle powers" to take proactive measures in response to U.S. hegemony [1] - Financial markets are increasingly favoring non-U.S. equity markets and energy stocks, with a bullish outlook on currencies like the euro and Canadian dollar [1] - Major equity markets and emerging markets are projected to experience double-digit earnings growth in 2026, as the focus shifts away from U.S. exceptionalism [1] Group 2 - Over 73% of companies in Europe's STOXX 600 index that reported fourth-quarter earnings exceeded expectations, compared to a typical quarter's 54% [1] - The FTSE 100 index has surpassed the 10,000 milestone for the first time and is up 5% this year, outperforming the S&P 500's 1.4% increase [1] - European energy stocks are nearing their highest levels since 2008, driven by a focus on critical resources and energy production [1] Group 3 - The "Made in Europe" strategy aims to protect local industries by setting minimum requirements for European content in manufactured goods, although it has caused divisions among EU countries [1] - Analysts believe that the long-term effort to bolster growth through trade and increased spending will persist, benefiting currencies like the Canadian dollar, Japanese yen, and euro [1] - Middle powers are forming strategic partnerships that align with their interests, as highlighted by the recent actions of Canada and the EU [1]

Group 1: Company Overview - Gerdau (NYSE:GGB) is a Brazilian multinational steel producer that closed at $4.35, up 2.59% on Wednesday [1] - The stock has increased by 1,370% since its IPO in 1999 [1] Group 2: Market Performance - Trading volume for Gerdau reached 63 million shares, which is approximately 286% above its three-month average of 16.3 million shares [1] - The broader U.S. markets finished little changed, with the S&P 500 unchanged at 6,941.5 and the Nasdaq Composite easing 0.16% to 23,066 [2] Group 3: Economic Indicators - The U.S. added 130,000 jobs in January, with unemployment falling to 4.3%, influencing expectations for Federal Reserve rate cuts [3] - A strong economy could lead to higher steel prices, providing a favorable environment for steelmakers like Gerdau in 2026 and beyond [4] - Gerdau's stock is trading near a 52-week high, having increased by 45% over the past six months [4]

Core Insights - ArcelorMittal S.A. has announced a strategic investment of Euro 1.3 billion to construct an electric arc furnace (EAF) at its Dunkirk steelmaking site, which is a significant move towards decarbonizing steel production in France [1] Group 1: Investment and Operations - The new 2-million-ton EAF is expected to commence operations in 2029 and will achieve a threefold reduction in CO2 emissions compared to traditional blast furnaces [2][6] - Approximately 50% of the total investment will be supported by France's Energy Efficiency Certificates (CEE) scheme due to the sustainable benefits of the EAF [2][6] - Additionally, ArcelorMittal is investing Euro 500 million in a new electrical steel production unit at its Mardyck plant, marking the largest investment in Europe in the last decade, excluding decarbonization efforts [4][6] Group 2: Policy and Market Context - The decision to invest reflects increasing confidence in the evolving European policy framework, including recent proposals from the European Commission aimed at strengthening the Tariff Rate Quota (TRQ) system and reforming the Carbon Border Adjustment Mechanism (CBAM) [3] - These policy changes are anticipated to better protect European steelmakers from unfair imports and carbon leakage, facilitating the swift advancement of this investment [3] Group 3: Stock Performance - Over the past year, ArcelorMittal's stock has increased by 117.4%, outperforming the industry average rise of 59.8% [4]

Market Overview - Recent market trends show rotation across multiple sectors, with a focus on investment opportunities ahead of the holiday season. Minsheng Securities reports that the market is expected to experience a mild tug-of-war between bulls and bears, with regulatory bodies prioritizing stable operations. Historical data indicates that the week before the Spring Festival is an optimal time for A-share investments, likely shifting market focus towards small and medium-sized growth stocks [2][4]. Sector Performance - The steel sector has shown strong performance, with companies like Baodi Mining and Dazhong Mining hitting their daily price limits. Baodi Mining's stock price reached 8.71 yuan per share, with a closing increase of 9.97% [5][6][8]. - Analysts suggest that rare metals are entering a new cycle of prosperity, driven by global supply chain restructuring and the rise of emerging industries. This positions rare metals as critical resources for energy transition and high-end manufacturing [4]. Company Developments - Baodi Mining has completed the acquisition of an 82% stake in Congling Energy, enhancing its iron ore resource base by approximately 21.75%, bringing total resources to about 460 million tons. This acquisition is expected to improve the company's operational capabilities significantly [8]. - The steel industry is also benefiting from favorable news, with expectations for structural opportunities as the market evolves. Analysts predict that by 2026, the steel sector may see a reduction in internal competition, leading to improved profitability in the special steel segment [9]. Banking Sector Insights - The banking sector has shown signs of recovery, with several banks, including Qingdao Bank and Zijin Bank, experiencing stock price increases. Analysts from Zhongjin Company believe that the focus on bank performance will be a key theme for the year, with high-growth banks expected to see their valuations rise above 1 times book value [10][11].

Core Viewpoint - Ternium S.A. has successfully completed the acquisition of 153.1 million ordinary shares of Usiminas from Nippon Steel Corporation and Mitsubishi Corporation for approximately $315.2 million in cash, enhancing its control over Usiminas [1] Company Summary - Ternium S.A. is a leading steel producer in the Americas, focusing on advanced steel products for various manufacturing industries and the construction sector [1] - The company is committed to investing in low carbon emissions steelmaking technologies to support energy transition and future mobility [1] - Ternium also emphasizes community development, particularly through educational programs in Latin America [1]

Group 1 - Cleveland-Cliffs Inc. is facing challenges due to tariffs impacting its stock performance, although it has performed better than it would have without these tariffs [1] - The company produces flat-rolled and specialty steel products, including stainless, electrical, and tubular steels, as well as iron ore and hot-briquetted iron [3] - Comparatively, Nucor is viewed as a superior operator in the steel industry, with a strong performance and potential for purchase at a discount during market weaknesses [3] Group 2 - There is a belief that certain AI stocks may offer greater upside potential and carry less downside risk compared to Cleveland-Cliffs [4]

Group 1 - The business environment has started to improve, indicating a positive trend for the company [1] - The order book is described as "robust," suggesting strong future demand [1] - The automotive sector remains a core end market for the company [1] Group 2 - The company expects increased production of vehicles in 2026, reflecting optimism in the automotive market [1] - There is no need to build additional plants to handle the anticipated demand, indicating efficient capacity management [1] - Canadian pricing and shipping have improved in the past month, which may enhance profitability [1]