Workflow
steel
icon
Search documents
Trump greenlights Nippon merger with US Steel
CNBC· 2025-05-23 19:58
A tugboat pushes a barge near the U.S. Steel Corp. Clairton Coke Works facility in Clairton, Pennsylvania, on Sept. 9, 2024.President Donald Trump said Friday that U.S. Steel and Nippon Steel will form a "partnership," after the Japanese steelmaker's bid to acquire its U.S. rival had been blocked on national security grounds. "This will be a planned partnership between United States Steel and Nippon Steel, which will create at least 70,000 jobs, and add $14 Billion Dollars to the U.S. Economy," Trump said i ...
PKX or X: Which Is the Better Value Stock Right Now?
ZACKS· 2025-05-23 16:41
Core Viewpoint - The analysis compares Posco (PKX) and United States Steel (X) to determine which stock represents a better undervalued investment opportunity for investors in the Steel - Producers sector [1]. Valuation Metrics - Posco (PKX) has a forward P/E ratio of 11.10, significantly lower than United States Steel (X) which has a forward P/E of 26.45 [5]. - PKX's PEG ratio is 0.30, indicating a more favorable valuation compared to X's PEG ratio of 1.31 [5]. - PKX's P/B ratio stands at 0.30, while X has a P/B ratio of 0.86, suggesting that PKX is undervalued relative to its book value [6]. - Based on these metrics, PKX holds a Value grade of A, whereas X has a Value grade of C [6]. Earnings Outlook - PKX is currently experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7]. - The positive earnings estimate revisions for PKX indicate a stronger potential for earnings growth compared to X, which is rated as Hold [3][7].
Jim Cramer Says Medical Properties Trust Has 'Too Much Risk,' Likes This Industrial Stock
Benzinga· 2025-05-23 12:28
On CNBC's “Mad Money Lightning Round,” Jim Cramer said he likes Vertiv VRT.As per the recent news, on Monday, Vertiv announced its strategic alignment with Nvidia Corp.‘s NVDA vision for AI data centers, specifically the deployment of 800 VDC power architectures. Anticipating the demands of future AI deployments, including the NVIDIA Kyber and Rubin Ultra platforms, Vertiv's comprehensive 800 VDC power portfolio is slated for release in the second half of 2026.Cramer said no to Medical Properties Trust, Inc ...
DBM Global Enters Into Amended and Restated Credit Agreement
Globenewswire· 2025-05-20 20:06
PHOENIX, May 20, 2025 (GLOBE NEWSWIRE) -- DBM Global Inc. (“DBMG”), announced today that it has entered into an amended and restated credit agreement that provides for an $85 million term loan and a $135 million revolving credit facility (the “Credit Facility”), which will be used to fully repay DBMG’s existing debt obligations and provide additional working capital capacity. The Credit Facility from a syndicate led by UMB Bank, N.A. provides for senior secured debt in the total amount of $220 million and i ...
CLF Investors Have Opportunity to Join Cleveland-Cliffs Inc. Fraud Investigation with the Schall Law Firm
Prnewswire· 2025-05-20 09:29
LOS ANGELES, May 20, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cleveland-Cliffs Inc. ("Cleveland-Cliffs" or "the Company") (NYSE: CLF) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Cleveland-Cliffs reportd its financial results for Q1 2025 on May 7, 20 ...
澳大利亚对华盘条发起第二次反倾销日落复审调查
news flash· 2025-05-20 05:46
InfraBuild(Newcastle)Pty Ltd提交的申请,对进口自中国的盘条发起第二次反倾销日落复审调查。本案的 倾销调查期为2024年4月1日至2025年3月31日,损害调查期自2020年4月1日起。涉案产品的澳大利亚海 关编码为7213.91.00.44和7227.90.90.02。澳大利亚反倾销委员会预计将不晚于2025年9月8日完成本案调 查的基本事实报告,不晚于2025年10月21日向澳大利亚工业与科学部长提交终裁报告。 5月19日,澳大利亚反倾销委员会发布第2025/40号公告称,应澳大利亚国内企业 ...
摩根大通|日本制铁/美国钢铁、力拓锂交易、中国能源之旅、印达金属报告
摩根大通· 2025-05-20 05:45
Investment Rating - The report upgrades Emerging Market (EM) equities to Overweight (OW) while maintaining a cautious stance on the energy sector [4][7]. Core Insights - Nippon Steel plans to invest an additional $14 billion in U.S. Steel, with $11 billion allocated for infrastructure through 2028, raising concerns about financial health due to increased debt levels [7][10]. - Rio Tinto has formed a joint venture with Codelco to develop a lithium project in Chile, which is expected to expand its lithium strategy without impacting earnings forecasts until 2029 [6][10]. - Hindalco's upcoming report is anticipated to focus on EBITDA per tonne, with expectations of a 6% growth in Q4 compared to Q3, driven by alumina expansion [9][10]. Summary by Sections Nippon Steel - Plans to invest $14 billion in U.S. Steel, including $4 billion for a new steel mill, contingent on regulatory approval [7]. - Concerns about financial health as debt-to-equity ratio could rise to 1.1x if the deal is fully debt-financed [7]. Rio Tinto - Joint venture with Codelco for lithium project in Salar de Maricunga, with initial funding of $350 million and potential construction costs of $500 million [6][10]. - Current lithium output forecast to grow from 75,000 tons per annum in 2024 to 460,000 tons per annum by 2029-2033 [6][10]. Hindalco - Focus on EBITDA per tonne in the upcoming report, with a forecasted 6% growth in Q4 [9][10]. - Concerns about alumina exposure, but analysis suggests limited impact on share prices [10].
ArcelorMittal to Invest 1.2B Euros to Decarbonize Operations in Dunkirk
ZACKS· 2025-05-19 13:00
ArcelorMittal (MT) remains dedicated to reducing carbon emissions from its operations in France, working closely with the country’s government, whose strong support has been crucial in protecting the steel industry both in France and across Europe.The European steel sector has been experiencing its most severe downturn since the 2009 financial crisis, prompting ArcelorMittal to postpone some of its decarbonization initiatives in Europe. Nonetheless, the European Commission’s Steel and Metal Action Plan, int ...
ArcelorMittal Is Losing The Margin War–Here's Why
Forbes· 2025-05-16 10:05
CGT unionists and employees participate in a rally outside ArcelorMittal headquarters to put ... More pressure on the French management of the steelmaker, which plans to cut more than 600 jobs in Saint-Denis near Paris, on May 13, 2025. (Photo by Jerome Gilles/NurPhoto via Getty Images)NurPhoto via Getty ImagesArcelorMittal (NYSE:MT) stock has been on a roll, increasing over 16% in just the last month after posting better-than-expected results for Q1 of 2025 and a positive outlook for the year. However, des ...
Best Income Stocks to Buy for May 15th
ZACKS· 2025-05-15 12:55
Group 1: Usinas Siderurgicas de Minas Gerais (USNZY) - The company is Latin America's largest flat steel complex and ranks among the world's top twenty steel producers [1] - The Zacks Consensus Estimate for its current year earnings has increased by 50% over the last 60 days [1] - The company has a dividend yield of 4.7%, significantly higher than the industry average of 1.7% [1] Group 2: Bank of Hawaii (BOH) - The bank holding company provides a wide range of products and services in Hawaii, Guam, and other Pacific Islands [2] - The Zacks Consensus Estimate for its current year earnings has increased nearly 10% over the last 60 days [2] - The company has a dividend yield of 4%, which is above the industry average of 3.1% [2] Group 3: Epsilon Energy (EPSN) - The company focuses on on-shore oil and natural gas, engaging in the acquisition, development, gathering, and production of reserves [3] - The Zacks Consensus Estimate for its current year earnings has increased nearly 9.1% over the last 60 days [3] - The company has a dividend yield of 3.7%, compared to the industry average of 2.4% [3]