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Italy receives 10 bids for Ilva steel as major contenders withdraw
Yahoo Finance· 2025-09-27 14:53
ROME (Reuters) -Italy has received 10 bids for the former Ilva steel plant, but only two of the bidders are interested in purchasing all of the company's assets, national steelmaker Acciaierie d’Italia said in a statement on Saturday. In a blow to the government, the two groups that were initially frontrunners for the tender, Azerbaijan's Baku Steel Company working with Azerbaijan Investment Company and India's Jindal Steel International, have withdrawn. The two bidders still interested in taking all of ...
Chinese Industrial Profits Jump in August, Reversing Drop
Yahoo Finance· 2025-09-27 04:19
Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and excessive competition are bearing fruit. Industrial profits in August climbed 20.4% from a year earlier, the first increase in four months, according to data released Saturday by the National Bureau of Statistics. For the first eight months of the year, they climbed 0.9%, beating a Bloomberg Economics forecast for a 1.6% drop. Most Read from Bloomberg Chinese factory deflation eased f ...
The Nuclear Company announces partnership with Nucor to boost US nuclear power supply
Reuters· 2025-09-26 21:09
战略合作 - 公司与美国钢铁制造商纽柯公司签署战略协议 [1] - 协议旨在加强国家核电供应链 [1] - 协议支持国内制造业发展 [1]
EU plans 25% to 50% tariffs on Chinese steel, related products, Handelsblatt reports
Yahoo Finance· 2025-09-25 19:34
FRANKFURT (Reuters) -The European Commission plans to impose tariffs of 25% to 50% on Chinese steel and related products in the next few weeks, German business daily Handelsblatt reported, citing senior officials in Brussels. The European Commission had no immediate comment on the Handelsblatt report, which was published late on Thursday. China's ministry of commerce did not immediately respond to a request for comment about the potential tariffs. The Commission's President Ursula von der Leyen said earl ...
China probes US, Mexican pecan imports, Mexico's restriction measures
Yahoo Finance· 2025-09-25 15:09
BEIJING (Reuters) -China's commerce ministry initiated an anti-dumping investigation into pecans imported from the United States and Mexico on Thursday, signalling more global trade tensions and increased friction with the two northern American nations. Beijing's move came as Mexico proposed to raise tariffs on goods across multiple sectors including textiles, steel and automotive from China and other countries, and as China and the U.S. eye further talks in a bid to ease their trade dispute. The inves ...
Trump’s Steel Tariffs Are Triggering Counterstrikes From US Neighbors Against China
Yahoo Finance· 2025-09-25 13:39
But the shift toward more protectionism in the Americas — a reversal from decades of globalization and close cross-border ties in the region — may not convince Trump to budge. While some countries have won tariff cuts and exemptions for certain goods, the US president has cast duties on steel as key to protecting national security and boosting domestic production of the alloy. His trade policies are bolstering the steel industry in the US while pummeling producers abroad, reshaping supply chains as companie ...
Worthington Steel(WS) - 2026 Q1 - Earnings Call Transcript
2025-09-25 13:32
Worthington Steel (NYSE:WS) Q1 2026 Earnings Call September 25, 2025 08:30 AM ET Company ParticipantsMelissa Dykstra - VP - IR & Corporate CommunicationsGeoff G. Gilmore - CEO, President & DirectorTim Adams - VP & CFOJohn Tumazos - Owner & CEOConference Call ParticipantsPhil Gibbs - Director & Metals Equity Research AnalystMartin Englert - Senior Equity Research Analyst - Metals & MiningOperatorGood morning and welcome to Worthington Steel's first quarter fiscal year 2026 earnings call. All lines have been ...
Worthington Steel(WS) - 2026 Q1 - Earnings Call Transcript
2025-09-25 13:32
Worthington Steel (NYSE:WS) Q1 2026 Earnings Call September 25, 2025 08:30 AM ET Company ParticipantsGeoff Gilmore - President and CEOTim Adams - VP and CFOJohn Tumazos - Managing Director, Principal, and Director of ResearchMelissa Dykstra - VP of Corporate Communications and Investor RelationsConference Call ParticipantsMartin Englert - Senior AnalystPhil Gibbs - Director and Metals Equity Research AnalystOperatorGood morning and welcome to Worthington Steel's First Quarter Fiscal Year 2026 Earnings Call. ...
Worthington Steel(WS) - 2026 Q1 - Earnings Call Transcript
2025-09-25 13:32
Worthington Steel (NYSE:WS) Q1 2026 Earnings Call September 25, 2025 08:30 AM ET Company ParticipantsGeoff Gilmore - President and CEOTim Adams - VP and CFOJohn Tumazos - Managing Director, Principal, and Director of ResearchMelissa Dykstra - VP of Corporate Communications and Investor RelationsConference Call ParticipantsMartin Englert - Senior AnalystPhil Gibbs - Director and Metals Equity Research AnalystOperatorGood morning and welcome to Worthington Steel's first quarter fiscal year 2026 earnings call. ...
Nippon Steel Corporation (NPSCY) Stock Insights
Financial Modeling Prep· 2025-09-25 11:00
Nippon Steel Corporation, trading under the symbol NPSCY on the OTC exchange, is a major player in the global steel industry. The company is known for its production and distribution of steel products, serving various sectors including construction, automotive, and infrastructure. Nippon Steel competes with other industry giants like ArcelorMittal and U.S. Steel.On October 2, 2025, NPSCY will undergo a stock split, exchanging 5 shares for every 3 shares. This move is often used by companies to make their st ...