The conflict in West Asia intensified with Iran continuing to pound several Gulf countries in retaliation for the joint attack against it by Israel and the US. The US and Israel have also carried out fresh strikes on Iran.Photograph: Shailesh Andrade/ReutersSensex and Nifty50 Performance: Key Market Highlights TodayNSE Nifty tanked 530.85 points or 2.13 per cent to 24,334.85.Brent crude climbed 0.87 per cent to $82.11 per barrel.Asian markets were trading sharply lower.Benchmark equity indices Sensex and Ni ...

NEW YORK, March 03, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of GrafTech International Ltd. (“GrafTech” or the “Company”) (NYSE: EAF).  Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether GrafTech and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.  [Click here for information about joining the class action] On F ...

ArcelorMittal (NYSE:MT) is one of the dirt cheap stocks to buy now. On February 10, ArcelorMittal officially confirmed a €1.3 billion investment to construct a new electric arc furnace/EAF at its steelmaking facility in Dunkirk, France. This move marks a milestone in the company’s decarbonization efforts, as the new EAF is expected to produce steel with 3x less CO2 than traditional blast furnaces. Scheduled to start up in 2029 with a 2-million-tonne capacity, the project will receive 50% of its funding t ...

Climate and Power - China's next five-year plan is expected to emphasize tighter controls on carbon emissions, with a commitment to peak emissions by 2030, although specific levels are not defined [1] - The plan will likely continue the massive rollout of renewable energy, focusing on transmission lines and green energy consumption targets to enhance grid integration and reduce energy waste [1] - Analysts do not anticipate a strong stance against coal-fired generation, as the current plan has seen record construction due to past power shortages [1] Oil and Gas - Domestic oil production reached a record last year, and the next five-year plan may indicate how Beijing plans to address the anticipated peak in oil consumption [1] - The National Energy Administration has suggested that the upcoming plan should aim for a peak in oil consumption [1] - Natural gas is projected to remain a priority, with expected average annual growth of 5% during the next plan period according to Sinopec and CNPC researchers [1] Critical Minerals - China's control over rare earths has been leveraged in trade negotiations, and the next five-year plan may provide insights into how China will respond to the U.S. and allies' efforts to build alternative supply chains [1] - There is a focus on domestic production and stockpiling of critical minerals, with proposals for a commercial stockpiling system for copper announced recently [1] - New policies may emerge regarding the scrap market, as China has established a state-backed group to consolidate this sector [1] Overcapacity - The plan will address overcapacity issues in various industries, including steel and copper, with potential stricter regulations on new or replacement capacity linked to carbon emissions [1] - There has been ongoing discussion about overcapacity in copper smelters and refiners, indicating that policymakers may take further action [1] Food Security - China's agricultural sector is expected to see increased efforts to enhance scale and technological sophistication, aiming to reduce reliance on imported soybeans and grains [1] - The future of genetically modified crops will be a focal point, as adoption has been limited due to high costs and resistance from farmers and consumers [1] - Analysts will monitor initiatives aimed at diversifying import sources and reducing the use of imported grains in animal feed [1]

Company Overview - Worthington Steel operates as a steel processor in North America, providing carbon flat-rolled steel, tailor-welded blanks, electrical steel laminations, and aluminum tailor-welded blanks, serving sectors such as automotive, heavy truck, agriculture, construction, and energy [5] - The company reported a revenue of $3.27 billion and a net income of $125.10 million for the trailing twelve months (TTM) [4] - Worthington Steel has a dividend yield of 1.54% and a 1-year price change of 48.59% as of February 28, 2026 [4] Recent Transactions - On February 3, 2026, Jon J. Bowsher, Director of Worthington Steel, acquired 2,500 shares of common stock for approximately $100,375, increasing his direct ownership by 16.24% [1][2][7] - Post-transaction, Bowsher's direct holdings are valued at approximately $794,628.13, representing 0.0352% of the company's shares outstanding [7] Strategic Developments - Worthington Steel is nearing the completion of its acquisition deal with German steel producer Kloeckner & Co., which is expected to be finalized in the second half of 2026 [6] - The acquisition is valued at $2.4 billion, offering Kloeckner shareholders approximately $13 in cash per share, and will position the combined entity as the second-largest steel center in North America [8] Market Performance - Worthington Steel's stock has shown consistent growth since its IPO in December 2023, with share prices rising every year, including a 19% increase in 2026 as of February 28 [9]

NWPX Infrastructure, Inc. (NASDAQ:NWPX) is among the 10 Best Steel Stocks to Buy Right Now. NWPX Infrastructure, Inc. (NWPX) Acquires Boughton's Precast On February 24, 2026, NWPX Infrastructure, Inc. (NASDAQ:NWPX) acquired Boughton's Precast, with the acquisition concluding on February 23. The company said that the deal is expected to result in immediate earnings growth. Boughton's Precast, which manufactures precast concrete products and reinforced concrete tubes in Pueblo, Colorado, will be operated b ...

Metallus Inc. (NYSE:MTUS) is among the 10 Best Steel Stocks to Buy Right Now. Metallus Inc. (MTUS) Reports Fourth-Quarter and Full-Year 2025 Results On February 19, 2026, Metallus Inc. (NYSE:MTUS) announced fourth-quarter 2025 net sales of $267.3 million, a net loss of $14.3 million, or $0.34 per diluted share, and adjusted EBITDA of $2.4 million. The corporation reported full-year 2025 net sales of $1.2 billion, up 7% YoY due to higher deliveries and raw material surcharge revenue. It recorded a $1.2 mi ...

ArcelorMittal S.A. (NYSE:MT) is among the 10 Best Steel Stocks to Buy Right Now. Barclays Maintains an Equal Weight Rating on ArcelorMittal S.A. (MT) On February 23, 2026, Barclays analyst Tom Zhang upgraded ArcelorMittal S.A. (NYSE:MT)'s price objective to EUR 45 from EUR 39, maintaining an Equal Weight rating. On February 17, 2026, Morgan Stanley analyst Alain Gabriel raised his price objective on ArcelorMittal S.A. (NYSE:MT) from EUR 46.20 to EUR 54.30 while retaining an Overweight rating. On Febru ...

Ukraine's major steelmaker ArcelorMittal Kryvyi Rih is closing another of its divisions in Ukraine due to a deepening energy crisis caused by Russia's ongoing attacks on the Ukrainian energy system, t... ...

Key Takeaways STLD raised its Q1 2026 dividend 6% to 53 cents per share, payable on April 10, 2026. Steel Dynamics held $769.9M in cash, up 31% YoY, with $272.7M in operating cash flow. STLD returned $291M in dividends and $901M in buybacks in fiscal 2025. Steel Dynamics, Inc. (STLD) recently announced that its board of directors has approved a 6% increase in the company’s first-quarter 2026 cash dividend, raising the payout to 53 cents per share compared with the quarterly rate in 2025. This dividend will ...