Core Insights - Steel Dynamics, Inc. (STLD) has provided first-quarter 2026 earnings guidance of $2.73 to $2.77 per share, significantly higher than $1.82 in Q4 2025 and $1.44 in the same quarter last year [1][9] Financial Performance - The anticipated improvement in earnings is attributed to stronger steel operations, with increased shipments and expanded metal margins as selling prices have risen faster than scrap costs [2][9] - Earnings from metals recycling are expected to rise sequentially due to higher ferrous and nonferrous prices, despite a slight decrease in shipments earlier in the quarter due to winter weather [3] Demand and Operations - Demand remains robust across various sectors including construction, energy, automotive, and industrial, contributing to STLD's projected higher profitability in steel operations for the first quarter [2][9] - The order backlog has increased by over 35% year-over-year, supported by demand from commercial construction, data centers, warehouse buildouts, manufacturing, and healthcare [4] Strategic Developments - The company is in the process of commissioning its Columbus aluminum mill, which has begun producing finished products for the beverage can and industrial sectors, and has received qualifications for automotive applications [4] - STLD has repurchased approximately $66 million of shares in the quarter, although buybacks have slowed due to increased working capital needs related to profit-sharing payments and the aluminum ramp-up [5] Market Performance - STLD shares have appreciated by 34.3% over the past year, outperforming the industry average increase of 28.9% [5]

Key TakeawaysMiddle East Instability: Israeli officials claim the Iranian regime is nearing a potential collapse following strikes on IRGC-Basij military bases and the deaths of key commanders, while Iran threatens to escalate attacks on the Gulf’s energy sector.Tech Legal Battle: Microsoft (MSFT) is weighing legal action over a massive $50 billion cloud deal between Amazon (AMZN) and OpenAI, signaling a major rift in the AI industry's primary alliances.South Korean Market Volatility: The South Korean bours ...

Core Viewpoint - Nippon Steel has secured loans totaling 900 billion yen (approximately $5.67 billion) for its acquisition of U.S. Steel, indicating a significant move in the steel industry and a strategic expansion into the U.S. market [1]. Group 1: Financing Details - The loans were provided by the Japan Bank for International Cooperation (JBIC) and major Japanese private lenders [1]. - The lenders include Japan's three "megabanks": Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, and Mizuho Bank, along with Sumitomo Mitsui Trust Bank [2]. Group 2: Market Implications - This acquisition reflects Nippon Steel's strategy to enhance its market position and operational capabilities in the U.S. steel sector [1].

Atkore Inc. Announces Participation at Upcoming Investor Conference and Webcast Mar 17, 2026 6:00 PM Eastern Daylight Time Atkore Inc. Announces Participation at Upcoming Investor Conference and Webcast Share HARVEY, Ill.--(BUSINESS WIRE)--Atkore Inc. (the "Company†) (NYSE: ATKR), a leading manufacturer of electrical products for commercial, industrial, data center, telecommunications, and solar applications, today announced that it will participate in a webcast fireside chat at the previously announced c ...

The steel market I have always found to be a sort of safe haven for commodity investments. It’s relatively stable and right now has some compelling tailwinds, like slowly rising price levels but declining input costs instead. This forms the basisMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high st ...

U.S. stock futures are showing signs of caution on Tuesday, March 17th, 2026, as investors balance a significant rebound in tech shares against a renewed spike in global energy prices and the start of a critical Federal Reserve policy meeting. While the major indexes posted their best performance in weeks during Monday’s session, the early morning momentum has cooled as geopolitical risks in the Middle East continue to dominate the narrative.Premarket Activity and Index PerformanceAs of 7:30 AM ET, futures ...

The company expects per-share earnings of $2.73 to $2.77 for the quarter, below analysts' consensus estimates of $3.24. ...

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Fourth Quarter and Full Year 2025 Results Mar 16, 2026 4:04 PM Eastern Daylight Time Ampco-Pittsburgh Corporation (NYSE: AP) Announces Fourth Quarter and Full Year 2025 Results Share CARNEGIE, Pa.--(BUSINESS WIRE)--Ampco-Pittsburgh Corporation (NYSE: AP) reported net sales of $108.8 million and $434.2 million for the three and twelve months ended December 31, 2025, compared to $100.9 million and $418.3 million for the three and twelve months ended December 3 ...

Broadcom AI semiconductor chip inside data center servers, symbolizing buybacks amid AI infrastructure boom. Key Points Berkshire Hathaway is signaling that its shares are below their intrinsic value as it restarts buyback spending. Chips giant Broadcom likely sees something similar in its stock as the firm's buyback activity is picking up big-time. Steel giant Nucor has surged over the past 52 weeks and now has large buyback capacity. Interested in Berkshire Hathaway Inc.? Here are five stocks we lik ...

IEA members could release more oil stocks 'as and if needed,' agency chief says | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv International Energy Agency (IEA) Executive Director Fatih Birol speaks during a press conference in Istanbul, Turkey, March 12, 2026. REUTERS/Dilara Senkaya Purchase Licensing Rights, opens new tab PARIS, March 16 (Reuters) - Member countries of the International Energy Agency could release more oil into ...