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Gerdau: A More Bullish Outlook Ahead Of H2
Seeking Alpha· 2025-08-11 19:03
Group 1 - The investment thesis of Brazilian steelmaker Gerdau (NYSE: GGB) highlights two significant high-risk factors: the cyclical nature of the steel market and its exposure to the Brazilian market, which constitutes one-third of its EBITDA [1] Group 2 - The analyst focuses on undercovered stocks primarily in Brazil and Latin America, occasionally covering global large caps, indicating a niche investment strategy [2] - The analyst's work is featured on platforms like TipRanks and TheStreet, suggesting a broad reach in investment analysis [2] Group 3 - There is no disclosed stock or derivative position in any mentioned companies, indicating an unbiased perspective in the analysis [3] - The article expresses personal opinions and is not influenced by compensation from companies mentioned, reinforcing the independence of the analysis [3]
Search operations continue after fatal blast at Pennsylvania steel plant
NBC News· 2025-08-11 19:00
Let's turn now to another breaking story our team's been following. At least one person's been killed in an explosion at a steel plant in Pennsylvania. And we've learned several others have also been injured.This happened at a US Steel facility just south of Pittsburgh. A county spokesperson tells NBC News an unknown number of people are still trapped somewhere inside that rubble. NBC's Maris Francis is following this one for us.Uh Maris, I know this is a fluid story, but what more do we know about this exp ...
X @Forbes
Forbes· 2025-08-11 18:49
People are reportedly trapped under rubble at a U.S. Steel plant outside of Pittsburgh after an explosion Monday that drew first responders to battle flames and heavy smoke at the facility, multiple news outlets reported. (Photo: Associated Press)https://t.co/Dsmnikvbdu https://t.co/ntSXEIUb11 ...
X @Bloomberg
Bloomberg· 2025-08-11 18:14
An explosion at a US Steel plant near Pittsburgh left one dead and dozens injured or trapped under the rubble Monday, with emergency workers on site trying to rescue victims, officials said https://t.co/Xgct8VTaUx ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-11 18:11
An explosion at a U.S. Steel facility in Pennsylvania killed at least one person and injured dozens more, authorities said Monday https://t.co/nhIjoE6Ijw ...
Fatal explosion reported at Pennsylvania steel plant
NBC News· 2025-08-11 17:42
Right now, we are following breaking news out of Pennsylvania. That's where crews are on the scene after a reported explosion at the US Steel Claron Cokeworks, a steel fabricator plant. Our NBC affiliate in Pittsburgh is reporting that one person has died and the crews are searching for people that may be trapped inside that rubble.Officials have declared this a mass casualty incident, which allows for additional resources to be brought. ...
Explosion at U.S. Steel Plant in Pennsylvania Leaves Dozens Injured | WSJ News
WSJ News· 2025-08-11 17:40
Safety Concerns - Steel manufacturing is a dangerous job, highlighted by a large fire incident a couple of years ago [1] - The fire serves as a reminder of the inherent risks associated with steel production and coke manufacturing [1] Operational Resilience - The company demonstrated resilience by rebuilding quickly after a previous incident 5 years ago [1]
U.S. Steel Explosion: Rescue Operations Underway Outside Of Pittsburgh
Forbes· 2025-08-11 17:40
Core Points - An explosion occurred at the U.S. Clairton Coke Works plant in Clairton, Pennsylvania, resulting in injuries and trapping individuals under rubble [1][2] - Rescue operations are ongoing, with at least one person unaccounted for and nine individuals hospitalized [2] - The explosion took place in the "reversing room" of the plant, which is crucial for the coking process in steel production [4] Company and Industry Impact - The Clairton Coke Works is the largest coking operation in North America, playing a significant role in the steel production supply chain [4] - The incident has raised concerns about air quality, prompting health officials to advise nearby residents to stay indoors [3] - The local community is deeply affected, with the mayor expressing the emotional toll on families connected to the mill [5]