Group 1 - The Nuclear Company has formed a strategic partnership with steel producer Nucor to enhance the U.S. nuclear supply chain and support domestic manufacturing [4] - The agreement will focus on evaluating steel materials and manufacturing processes that meet compliance standards [4]

Tata Steel has signed a non-binding pact with the government of Netherlands to transition to low-carbon emission steel production at its IJmuiden plant, the Indian steelmaker said on Monday. ...

Canadian steelmaker Algoma Steel Group will get the $359 million in financial help it asked for as it grapples with the 50% steel levies imposed by Trump https://t.co/GSFiLCsQjj ...

Core Viewpoint - Algoma Steel Group Inc. has secured C$500 million in liquidity support to navigate trade uncertainties and advance its business transformation [1][3][10] Financial Support - The liquidity support consists of C$400 million in loan facilities from the Government of Canada and C$100 million from the Province of Ontario [1][4] - The loan facilities will have a seven-year term with interest set at CORRA + 200 basis points for the first three years, increasing by 200 basis points each subsequent year [4] Government Involvement - Key government officials, including the Minister of Jobs and Families and the Minister of Finance, participated in the announcement of the financial support [2] - The support is seen as recognition of Algoma's critical role in Canada's industrial base and its transition to Electric Arc Furnace (EAF) steelmaking [9][10] Operational Adjustments - Algoma is adjusting its production strategy to align with domestic demand due to the ongoing 50% tariff on Canadian steel, which has effectively closed the U.S. market [3][7] - The company plans to exit traditional blast furnace operations and transition to EAF steelmaking, with an estimated project cost of approximately C$987 million [8][9] Strategic Focus - Algoma intends to focus on producing as-rolled and heat-treated plate products primarily for the Canadian market [9] - The company aims to enhance its sustainability efforts by adopting EAF technology, which is expected to significantly lower carbon emissions [12]

Agreement advances U.S.-South Korea collaboration and supports sustainable supply chains for defense, clean energy, and advanced technologies The parties have established a joint feedstock taskforce for sourcing domestic and international rare earth feedstock both recycled and from ore bodies FISHERS, IN / ACCESS Newswire / September 29, 2025 / American Resources Corporation's (NASDAQ:AREC) portfolio company, ReElement Technologies ("ReElement"), a leading U.S. innovator in rare earth element (REE) and crit ...

ArcelorMittal may get a bid of about $490 million for its struggling South African unit from a group led by the state-owned Industrial Development Corp. https://t.co/0NmI8BjWHU ...

Based in Fort Wayne, Indiana, Steel Dynamics, Inc. (STLD) specializes in steel production, metals recycling, and steel fabrication. Its operations utilize a circular manufacturing model that transforms recycled scrap into high-quality steel, including flat roll, structural beams, and custom metal products. With a market capitalization of $20.55 billion, the company is active in sectors such as construction and automotive while expanding into sustainable aluminum production for diverse industrial applicati ...

Group 1: Nucor Corporation - Nucor is a recent addition to Warren Buffett's portfolio, with a purchase of 6.6 million shares valued at $857 million [4] - Nucor is the largest and most diversified steel producer in North America, utilizing cost-effective electric arc furnaces and scrap as primary raw materials, making it a low-cost industry leader [5] - Despite a recent decline in stock price due to muted guidance, Nucor's steel mills backlog surged 30% year over year in Q3, indicating strong demand [8] Group 2: Visa Inc. - Visa is the largest payments processing company globally, with 4.7 billion credentials processed in fiscal year 2024 [9] - The company processed nearly $15.7 trillion in transactions last fiscal year, resulting in a revenue increase of 10% to almost $36 billion, with an operating margin of 65% [11] - Visa has significant growth opportunities in digitalization, e-commerce, and expansion into non-card payments and value-added services [12] Group 3: Chevron Corporation - Chevron is a major integrated energy company and a core holding in Berkshire Hathaway's portfolio, having increased its dividend for 38 consecutive years [14] - The recent $60 billion acquisition of Hess adds oil-rich assets in Guyana, expected to drive significant production and cash-flow growth through 2030 [15] - Chevron anticipates generating incremental free cash flows of $12.5 billion by 2026, supporting larger dividends and share buybacks [15]

Key TakeawaysGold and Silver futures in India have soared to new all-time highs, with international gold prices also reaching a record $3,793 an ounce driven by a soft dollar and rate-cut expectations.Geopolitical tensions are escalating as China reportedly expands its commercial ferry fleet for potential amphibious operations against Taiwan, while President Xi Jinping is expected to pressure former President Trump on the issue.Asian markets showed mixed movements, with some indices advancing as the dollar ...

ROME (Reuters) -Italy has received 10 bids for the former Ilva steel plant, but only two of the bidders are interested in purchasing all of the company's assets, national steelmaker Acciaierie d’Italia said in a statement on Saturday. In a blow to the government, the two groups that were initially frontrunners for the tender, Azerbaijan's Baku Steel Company working with Azerbaijan Investment Company and India's Jindal Steel International, have withdrawn. The two bidders still interested in taking all of ...