SAULT STE. MARIE, Ontario, March 31, 2026 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of steel plate and hot rolled sheet products, today provided guidance for its quarter ended March 31, 2026. Unless otherwise specified, all amounts are in Canadian dollars. Total steel shipments for the quarter are expected to be approximately 220,000 tons and Adjusted EBITDA is expected to be in the range of negative $25 million to negative ...

Sovereign Demand for Minerals Should Keep Lifting This Metals and Mining ETF - 24/7 Wall St. S&P 5006,514.90 +2.61% Dow Jones46,298.40 +2.28% Nasdaq 10023,684.20 +3.18% Russell 20002,488.09 +3.07% FTSE 10010,233.00 +1.51% Nikkei 22552,759.80 +3.40% Stock Market Live March 31, 2026: S&P 500 (SPY) Pops on News Trump Could End War Investing Sovereign Demand for Minerals Should Keep Lifting This Metals and Mining ETF By Rich DupreyPublished Mar 31, 2:11PM EDT Quick Read iShares MSCI Global Metals & Mining Pr ...

Worthington Steel Exceeds Minimum Acceptance Threshold for Kloeckner & Co Offer; Additional Acceptance Period Available Until April 14, 2026 Mar 31, 2026 8:14 AM Eastern Daylight Time Worthington Steel Exceeds Minimum Acceptance Threshold for Kloeckner & Co Offer; Additional Acceptance Period Available Until April 14, 2026 Share COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel (NYSE: WS) today announced the result of the initial acceptance period of its voluntary public tender offer for Kloeckner & Co SE. ...

Core Insights - The article discusses the best stocks to invest in for good returns, highlighting the impact of the Iran war on market growth and inflation [1][2]. Economic Context - The ongoing Iran war is expected to negatively affect growth by up to 2% and contribute to inflationary pressures in the US economy [1][2]. - Major US stocks have declined this year, marking a shift from previous years of significant gains, with the Federal Reserve's decision to refrain from raising interest rates adding uncertainty [2]. Investment Strategies - Historical trends suggest that buying stocks after market downturns can be beneficial, as emphasized by RBC Capital Markets and Warren Buffett's investment philosophy [3]. - Buffett advises against chasing hot tech trends, focusing instead on high-quality stocks available at discounted prices [4]. Stock Analysis Methodology - The list of recommended stocks was compiled from Berkshire Hathaway's Q4 2025 portfolio, focusing on stocks with high 5-year returns and significant hedge fund ownership [7]. - Stocks were further filtered for those with an upside potential exceeding 15%, and ranked accordingly [7]. Featured Stocks - **Nucor Corporation (NYSE:NUE)**: - Berkshire Hathaway's stake is approximately $1.05 billion, with a 5-year return of 108.94% and an upside potential of 18.29% [10]. - The company anticipates first-quarter earnings between $2.70 and $2.80 per diluted share, a significant increase from last year's earnings [10][11]. - Nucor has repurchased 0.7 million shares at an average price of $175.19 and returned $250 million to shareholders through buybacks and dividends [12]. - **Apple Inc. (NASDAQ:AAPL)**: - Berkshire Hathaway's stake is about $61.96 billion, with a 5-year return of 109.70% and an upside potential of 20.14% [14]. - Analysts maintain an Outperform rating, citing strong momentum in Apple's services segment, with a price target of $330 [14][15]. - Apple is diversifying its revenue streams, targeting double-digit growth in its services segment, including potential advertising in its Maps App [15][16].

Group 1 - Tenaris S.A. filed its 2025 Annual Report with the Luxembourg Stock Exchange and the U.S. Securities and Exchange Commission (SEC) [1] - The 2025 Annual Report is available for download on both the Luxembourg Stock Exchange's website and Tenaris's website [2] - Tenaris will file its annual report on Form 20-F for the year ended December 31, 2025, with the SEC on March 31, 2026 [2] Group 2 - Holders of Tenaris's shares and ADSs can request a hard copy of the reports free of charge through the company's website [3] - The 2025 Annual Report includes a consolidated management report, consolidated financial statements, annual accounts, and management certifications [3] - Tenaris is recognized as a leading global supplier of steel tubes and related services for the energy industry and other industrial applications [3]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying the right ones involves navigating significant risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system aids in identifying promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - ATI is currently highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth indicating strong prospects [4] - ATI has a historical EPS growth rate of 58%, with projected EPS growth of 29.1% this year, significantly surpassing the industry average of 17.6% [5] Group 3: Cash Flow Growth - High cash flow growth is essential for growth-oriented companies, enabling them to fund new projects without relying on external financing [6] - ATI's year-over-year cash flow growth stands at 24%, exceeding the industry average of 23.7% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 51.8%, compared to the industry average of 15.3% [7] Group 4: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with stock price movements [8] - Current-year earnings estimates for ATI have been revised upward, with a 0.3% increase in the Zacks Consensus Estimate over the past month [8] Group 5: Overall Positioning - ATI has achieved a Growth Score of A and a Zacks Rank of 2 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]

Core Insights - Worthington Steel, Inc. (WS) reported adjusted earnings of 27 cents per share for Q3 fiscal 2026, missing the Zacks Consensus Estimate of 47 cents and down from 35 cents in the same quarter last year [1][10] - Net revenues increased by 12% year over year to $770 million, but fell short of the Zacks Consensus Estimate of $857 million, driven by higher direct volumes and average selling prices, despite a 22% drop in toll volumes due to facility closure and weak demand [2][10] - The company has entered into a business combination agreement with Kloeckner & Co SE, launching a voluntary public tender offer to acquire all outstanding shares at €11 per share, with the transaction expected to close in the second half of 2026 [7][8] Financial Performance - The cost of goods sold rose by 14.4% year over year to $693.7 million, leading to a gross profit decrease of 6.3% to $76.1 million, resulting in a gross margin of 9.9% compared to 11.8% in the prior year [3][10] - Operating income fell to $3.1 million from $18.3 million in the previous year, with an operating margin of 0.4% compared to 2.7% last year, primarily due to increased selling, general and administrative expenses [4][10] - Adjusted operating income was $14 million, down 47% from $26.6 million in the prior year, with an adjusted operating margin of 1.8% compared to 3.9% last year [5] Cash Flow and Balance Sheet - Worthington Steel ended Q3 fiscal 2026 with cash and cash equivalents of $90 million, up from $38 million at the end of fiscal 2025, while long-term debt increased significantly to $31.6 million from $2.3 million [6] - Cash flow from operating activities for the nine-month period ended February 28, 2026, was $156.3 million, down from $176.4 million in the prior-year comparable period [6] Market Performance - Shares of Worthington Steel have risen by 12.2% over the past year, contrasting with the industry's growth of 89% [9]

26 March 2026 | 8:18PM HKT Equity Research CHINA COMMODITIES China commodity trip (1H26): a soft but resilient outlook, metal demand and substitutions amid elevated prices Our week-long semi-annual China commodity trip included nearly 40 meetings and site visits, across Beijing and eight provinces across China. Discussions were engaged with key commodity-related market participants including 1) producers in steel, coal, aluminum and copper fabrications, aluminum and alumina, and lithium, traders in iron ore ...

ab Global Research owered by UBS Evidence Lab YES P 24 March 2026 EMEA Sustainability Middle East tensions: here we go again for Europe's energy? Middle East escalation raises the stakes for European energy markets Tensions in the Middle East raise European energy security concerns, with oil and gas markets responding to escalation risks. The UBS Energy team highlights increased complexity versus 2022 due to potential prolonged disruption in the Strait of Hormuz, which reinforces the importance of energy sy ...

Corporate Earnings and Market Outlook - Nike is set to report earnings with expectations of EPS at $0.28 and revenue of $11.2 billion, with recent estimates showing three upward revisions and four downward ones [6] - Analysts are divided on Nike's outlook; one analyst anticipates a significant re-rating if gross margins improve or if management provides a positive outlook on China, while another argues that Nike has stopped growing and has not sufficiently reduced expenses in light of revenue declines [7] - Other companies reporting include Beyond Meat, ConAgra, Lamb Weston, and Cal-Maine Foods, with earnings announcements scheduled for Tuesday and Wednesday [7] Labor Market and Economic Indicators - Economists predict a rise in nonfarm payrolls by 56,000, with the unemployment rate remaining at 4.4% and average hourly earnings increasing by 0.3% [3] - The current labor market shows a restrained pace of layoffs, suggesting no further deterioration for now, despite weak hiring [5] - High-frequency job posting measures have remained steady at low levels, but rising gasoline prices could impact consumer spending [5] Geopolitical Impact on Energy Markets - The ongoing conflict in Iran is causing oil prices to rise, with WTI futures trading above $102 per barrel and a 76% chance that Brent crude will exceed $114.50 per barrel [10][12] - The Pentagon is reportedly planning ground operations in the Middle East, which could include targeting key Iranian oil export hubs [9][10] - Russia is set to ban gasoline exports starting April 1 to prioritize domestic supply amid market volatility [10]