Europe's top steelmaker ArcelorMittal said earnings will benefit from stronger protectionist measures across the region https://t.co/qiGpcGw7Wp ...

Group 1 - The steel maker is implementing measures to protect domestic production, which could enhance its market share in the continent [1] - The company aims to reverse the decline in earnings experienced last year [1]

Core Viewpoint - Cleveland-Cliffs (CLF) is expected to report a quarterly loss of -$0.62 per share, an increase of 8.8% compared to the same period last year, with revenues forecasted at $4.62 billion, reflecting a year-over-year increase of 6.8% [1] Earnings Estimates - The consensus EPS estimate has been revised 17.4% lower over the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Revenues- Other Businesses' at $161.74 million, a change of +3% year over year [5] - The consensus estimate for 'Revenues- Steelmaking' is $4.46 billion, indicating a change of +6.9% from the prior-year quarter [5] - 'Revenues- Steelmaking- Coated steel' is projected to reach $1.37 billion, reflecting a year-over-year increase of +11.6% [5] Steel Shipments - 'Revenues- Steelmaking- Slab and other steel products' is forecasted at $215.64 million, a decrease of -13.4% from the prior-year quarter [6] - Total steel shipments are expected to reach 4010 thousand tons, up from 3827 thousand tons year-over-year [6] - 'Steel shipments by product - Coated steel' are projected at 1145 thousand tons, compared to 1012 thousand tons in the same quarter last year [7] - 'Steel shipments by product - Slab and other steel products' are expected to be 358 thousand tons, down from 382 thousand tons year-over-year [8] - 'Steel shipments by product - Cold-rolled steel' are projected at 626 thousand tons, compared to 594 thousand tons in the same quarter last year [9] - 'Steel shipments by product - Hot-rolled steel' are expected to reach 1523 thousand tons, slightly down from 1534 thousand tons year-over-year [9] - 'Steel shipments by product - Stainless and electrical steel' are estimated at 145 thousand tons, up from 131 thousand tons year-over-year [10] Stock Performance - Cleveland-Cliffs shares have increased by +7.4% in the past month, outperforming the Zacks S&P 500 composite, which moved +0.9% [11] - The company holds a Zacks Rank 3 (Hold), indicating it is expected to mirror overall market performance in the near future [11]

Company Closures and Layoffs - CNH Industrial America is closing its Burlington, Iowa plant, resulting in 209 layoffs by May 2026 due to lower backhoe demand [1] - Continental Tire of America will close its Barnesville, Georgia manufacturing plant, laying off 235 employees by the end of 2026, citing long-standing cost-competitiveness issues [2] - Alton Steel Inc. will cease operations in Alton, Illinois, impacting approximately 253 employees, due to structural challenges in the domestic steel industry [3] - Macy's Inc. will close its Owasso, Oklahoma fulfillment center by the end of March, resulting in 993 layoffs as part of a supply chain modernization effort [4] - King Delivery LLC is closing operations in Brooklyn, New York, leading to 153 layoffs [6] - Fresenius USA Manufacturing will lay off 165 employees across three distribution centers due to the divestiture of parts of its logistics operation [7][8] - Kuehne+Nagel Inc. plans to close its Locust Grove, Georgia logistics operation, resulting in 153 layoffs [9] - Legacy Supply Chain is laying off 129 employees across five California locations [10] - American Eagle Outfitters is shutting down its La Palma fulfillment center, eliminating 108 jobs [11][12] - FTI Buyer LLC will close its Cincinnati facility, laying off 104 employees [13] - First Brands Group is closing its Arlington facility, affecting 88 employees [14] - Goodyear Tire & Rubber Co. plans to close its Tall Timbers Mold facility in Findlay, Ohio, resulting in 85 layoffs [15] - Lighteum Medical is laying off 83 employees at its San Diego facility [16] - Plug Power Inc. filed a WARN notice for a mass layoff at its Houston facility, affecting 74 employees [17] - Great Lakes Coca-Cola Distribution will lay off 62 employees in Lansing, Michigan [18] - Waddington North America is closing a facility in Bremen, Georgia, eliminating 49 jobs [19] - Turf Care Supply Corp. will close its blending department, eliminating 46 jobs [20] - Automated Harvesting LLC is closing its Yuma operations, laying off 46 workers [21] - H4 Logistics LLC is closing its Kenosha facility, resulting in 41 layoffs [22] - Tekni-Plex plans to close its Milwaukee facility, impacting 39 employees [23] - GXO Logistics will close its Romeoville facility, laying off 32 workers [25] Industry Trends - Weak consumer demand, excess capacity, contract losses, and network consolidation are leading shippers and logistics providers to shrink operations [5] - Manufacturers tied to industrial freight are cutting output amid slower order volumes and tighter capital conditions, reflecting a freight market struggling to regain momentum [5]

Company Overview - MSC Income Fund, Inc. has appointed Nataly M. Marks as a new independent member of its Board of Directors, who will also serve on the Audit Committee [1] - The Fund primarily provides debt capital to private companies, focusing on leveraged buyouts, recapitalizations, growth financings, refinancings, and acquisitions across diverse industry sectors [5] Leadership Background - Ms. Marks has been the President of Triple-S Steel Holdings, Inc. since 2022, overseeing finance, human resources, operations, information technology, and commercial teams [2] - She has 20 years of experience in the banking industry, having held various leadership roles at JPMorgan Chase & Co. from 2009 to 2022, including Head of Middle Market Banking for Houston and Central Texas [2][3] Board Contributions - The CEO of MSC Income Fund believes Ms. Marks will bring valuable insights to the Fund's investment activities due to her extensive experience in middle market, corporate, and investment banking [4] - Ms. Marks' leadership experience in a private company aligns with the profile of the Fund's typical private loan and lower middle market portfolio companies [4] Fund's Investment Strategy - The Fund's portfolio investments typically support companies with annual revenues between $25 million and $500 million for private loans, and between $10 million and $150 million for lower middle market investments [5]

Core Viewpoint - ArcelorMittal is expected to report quarterly earnings of $0.56 per share, reflecting a 7.7% increase year-over-year, with revenues projected at $15.76 billion, a 7.1% increase compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised down by 13.7% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Sales- North America' to be $3.06 billion, a year-over-year increase of 16.6% [5]. - 'Sales- Brazil' is projected at $2.77 billion, reflecting a decrease of 4.2% from the previous year [5]. - 'Sales- Sustainable Solutions' is expected to reach $2.22 billion, down 7.5% from the prior year [5]. Production and Pricing Estimates - 'Sales- Mining' is projected at $859.64 million, indicating a year-over-year increase of 22.1% [6]. - Total crude steel production is forecasted at 14 million metric tons, unchanged from the same quarter last year [6]. - 'Europe - Long shipments' are expected to be 2,096 thousand metric tons, slightly down from 2,133 thousand metric tons year-over-year [7]. - The average steel selling price in North America is anticipated to be $1,018.23, up from $892.00 in the same quarter last year [7]. Regional Production and Pricing - 'Brazil - Crude steel production' is estimated at 3,586 thousand metric tons, up from 3,527 thousand metric tons year-over-year [8]. - The average steel selling price in Brazil is projected to be $735.15, down from $773.00 in the previous year [8]. - 'Europe - Crude steel production' is expected to be 7,773 thousand metric tons, an increase from 7,696 thousand metric tons year-over-year [9]. - The average steel selling price in Europe is estimated at $895.62, up from $852.00 in the same quarter last year [9]. Shipment Estimates - 'North America - Steel shipments' are projected to reach 2,505 thousand metric tons, an increase from 2,391 thousand metric tons year-over-year [10]. - ArcelorMittal shares have increased by 21% in the past month, outperforming the Zacks S&P 500 composite, which rose by 1.8% [10].

Group 1 - Nucor Corporation (NYSE:NUE) is recognized as one of the Dividend Growth Stocks: 25 Aristocrats, indicating its strong track record in dividend payments [1] - UBS analyst Andrew Jones downgraded Nucor from Buy to Neutral, raising the price target to $183 from $168, citing a "full" valuation and pricing [2] - Nucor shares have increased by 32% since mid-October, despite a weaker fourth quarter, driven by strong pricing momentum in flat and long products and a $130/st increase in plate prices [2] Group 2 - Nucor's fourth-quarter profit and revenue fell short of Wall Street expectations, with earnings of $1.73 per share compared to the expected $1.91 per share [3][4] - Revenue for the quarter rose by 9% to $7.69 billion, but this was below the consensus estimate of $7.87 billion [4] - Higher costs impacted margins across Nucor's steelmaking operations, despite US import tariffs lifting spot steel prices [3] Group 3 - Nucor is a leading steel producer with operations in the US, Canada, and Mexico, producing steel and steel products as well as ferrous and non-ferrous materials [5]

Core Viewpoint - ArcelorMittal has released its fourth quarter and full year 2025 sell-side analyst consensus figures, which are based on estimates from approximately 15 brokers using an external tool managed by Visible Alpha [1][2]. Financial Estimates - The consensus estimates for Q4 2025 include an EBITDA of $1,531 million, net income of $390 million, and earnings per share of $0.51 [3]. - For the full year 2025, the consensus estimates are an EBITDA of $6,466 million, net income of $3,321 million, and earnings per share of $4.36 [3]. Analyst Participation - The consensus figures are derived from the contributions of 14 sell-side analysts who have provided updated estimates through Visible Alpha [4][5].

Severstal’s results underline the slowdown in Russia’s economy, which cooled last year for the first time since the Kremlin sent troops into Ukraine in 2022 https://t.co/U4FyHqTgKe ...

Company Overview - Commercial Metals Company is a leading producer and recycler of steel and metal products, with a diversified presence in both domestic and international markets [5] - The company operates an integrated business model by sourcing scrap metal, producing finished and semi-finished steel products, and supplying fabricated steel and construction-related services to end markets [7] - It serves steel mills, foundries, manufacturers, distributors, construction companies, and infrastructure projects across the United States, Poland, China, and other international markets [7] Financial Performance - As of January 30, 2026, Commercial Metals Company reported a revenue of $8.01 billion and a net income of $437.66 million [4] - The company's shares were priced at $76.87, reflecting a 58.9% increase over the prior year, significantly outperforming the S&P 500 by 44 percentage points [3] - The dividend yield stands at 0.94% [4] Recent Developments - Artemis Investment Management LLP initiated a new stake in Commercial Metals Company by acquiring 1,501,906 shares during the fourth quarter of 2025, with an estimated transaction value of $103.96 million [1] - This new holding represents 1.26% of Artemis's 13F reportable assets under management after the trade [2] - Despite the stock's EV/EBITDA ratio increasing from 6 to 9, Artemis still sees potential upside in the stock, indicating confidence in the company's future performance [8]