The major U.S. index futures are currently pointing to a slightly higher open on Monday, with stocks poised to add to the modest gains posted last Friday.Optimism about the outlook for interest rates may contribute to initial strength on Wall Street ahead of the Federal Reserve's monetary policy meeting this week.With the Fed widely expected to lower interest rates by another quarter point, traders are likely to pay close attention to the accompanying statement for clues about the likelihood of further rat ...

Equity benchmark indices Sensex and Nifty nosedived on Monday after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors.Photograph: Francis Mascarenhas/ReutersAnalysts said investors turned defensive ahead of this week's US Federal Reserve policy decision, which further weakened the sentiment. The 30-share BSE Sensex plunged by 609.68 points, or 0.71 per cent, to close at 85,102.69.During the day, it plummeted by 836.78 points, or 0.97 ...

China’s stubborn steel overcapacity won’t be easy to fix because the industry is so deeply intertwined with the country’s broader economy, according to the head of the World Steel Association https://t.co/2bhOChTLwP ...

Flash | 03 Dec 2025 09:56:58 ET │ 11 pages China Materials Reiterating Our Key Calls, Aluminum and Copper Most Preferred, Followed by Battery Chain CITI'S TAKE As we approach year-end, we reiterate our key calls: 1) prefer aluminum and copper ahead of potential Fed rate cut; 2) bullish battery chain price hike cycle; 3) we have turned more cautious on anti-involution sectors. Sector pecking order: Aluminum > Copper > Battery > Gold > Battery Materials > Coal > Cement > Steel. Cross-sector top picks: Hongqia ...

最近，欧洲那边有一份欧盟委员会内部流出的表格，被披露出来，布鲁塞尔费尽心机搭建的绿色铁幕，当下，正遭遇 着来自算术层面的尴尬瓦解。 为2026年1月1日正式施行的碳边境，调节机制（CBAM）提供执法依据，这份文件会把针对中国、巴西等国家进口商 品的碳排放，默认值全部列出来。 可是，当这一批原本被当作惩罚性手段的数字呈现，在欧洲工业巨头面前时，他们的第一反应不是庆幸，而是惊慌。 在欧盟原先的剧本之中，CBAM是一套极其完美的闭环逻辑，设定一个格外高的默认排放值，让那些污浊的出口商， 要么缴纳昂贵的碳关税，要么耗费大量钱财去进行繁琐的碳足迹认证，这原本是一根，用来驱赶落后产能的大棒。 不过，瑞典绿色钢铁制造商Stegra的高管，们在审阅草案之后发现了一件让其们惊讶的情况，欧盟委员会计算出的中 国钢铁，碳排放默认值，比欧洲本土一些正在运行的生产线还要低。 这并非仅仅是技术统计中的乌龙，这是欧洲保护主义叙事的逻辑走向破灭 以欧洲化肥协会所代表的利益集团原本，还幻想着每吨80欧元的合规成本能成为保护自身的屏障，却没料想布鲁塞尔 的官僚，们用官方数据盖章认可了竞争对手的能效优势。 这种情况的出现，并非是因为欧盟对华突然有 ...

Core Insights - Ternium, a prominent Mexican steel producer, has faced significant challenges over the past year due to trade-related issues in Mexico and Brazil, which is a key secondary market for the company [1] Group 1: Company Performance - The company has been adversely affected by trade disputes, impacting its operational performance and market position [1] Group 2: Market Context - The trade-related issues in both its home country and Brazil have created a difficult environment for Ternium, highlighting the vulnerabilities in the steel industry [1]

Key Takeaways POSCO and Glenfarne finalized a strategic partnership to develop the federally authorized Alaska LNG Project.The partnership covers major steel supply for Alaska LNG's pipeline and a 20-year HOA for 1 MTPA of LNG.POSCO added a pre-FID investment and noted regional support as Glenfarne advances its two-phase plan.POSCO Holdings Inc.’s (PKX) unit,POSCO International Corporation, and Glenfarne Alaska LNG, LLC have finalized a strategic partnership for the development of the Alaska LNG Project, th ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...

Core Viewpoint - The implementation of a carbon tax on imports in the European Union, known as the Carbon Border Adjustment Mechanism (CBAM), is expected to significantly reduce Indian steel exports to the EU, prompting producers to seek alternative markets [1][5]. Group 1: Impact on Indian Steel Exports - The CBAM will lead to a sharp decline in Indian steel exports to the EU, which currently accounts for 66% of India's steel output [3]. - Indian steel production primarily relies on coal-fueled blast furnaces, which do not align with the EU's emission reduction goals, making compliance challenging [4]. - Analysts indicate that the transition to more environmentally friendly production methods, such as electric arc furnaces, will require time and investment [4][5]. Group 2: Industry Response and Adaptation - The corporate sector has lobbied for concessions from the EU to enhance their competitiveness, resulting in the establishment of the CBAM [2]. - Companies are actively exploring alternative markets while preparing to meet environmental production standards [3]. - The timing of the CBAM's implementation coincides with Europe's rearmament efforts, which heavily depend on steel, potentially complicating the situation for European industries [5].

Core Viewpoint - Jindal Steel International considers government subsidies in Europe as a significant factor in its strategy for a potential acquisition of Thyssenkrupp's steel division [1] Group 1 - Jindal Steel International is actively pursuing a takeover of Thyssenkrupp's steel division, indicating a strategic move in the steel industry [1] - The head of Jindal Steel's European business emphasizes the importance of European government subsidies in shaping their acquisition strategy [1]