Sharemaestro Newsreel

Cleveland-Cliffs (NYSE: CLF) grows Q2 2026 EBITDA and sees higher Q3 outlook

Cleveland-Cliffs Inc. reported a significant improvement in Q2 2026 financial results, with adjusted EBITDA tripling to $286 million from the prior quarter, despite a GAAP net loss of $134 million. The company expects continued strong performance in Q3 2026, projecting adjusted EBITDA of approximately …

Worthington Steel (NYSE:WS) Raised to "Strong-Buy" at Zacks Research

Zacks Research has upgraded Worthington Steel (NYSE:WS) from "Hold" to "Strong-Buy," aligning with a generally positive outlook from other analysts. Despite recent insider selling, institutional investors remain heavily invested, and the company reported higher-than-expected EPS with revenue growth for its latest quarter. The stock …

Cleveland-Cliffs surges as improving steel demand boosts Q2; CEO expects strong H2 (CLF:NYSE)

Cleveland-Cliffs (CLF) saw its stock surge by 14.6% pre-market after reporting a Q2 loss that was narrower than expected and higher revenue. The company attributes this improvement to increasing steel demand. CEO Lourenco Goncalves anticipates further strong performance in the second half of the …

Moeve, ArcelorMittal Spain partner on record energy efficiency agreement

Spanish energy company Moeve and steelmaker ArcelorMittal Spain have signed a groundbreaking agreement for Energy Savings Certificates (CAEs) totaling 2.1 TWh, ten times larger than any previous Spanish transaction. This partnership will support ArcelorMittal's decarbonization plan, particularly at its Gijón plant's long products division, …

Cleveland-Cliffs shares jump as upbeat third-quarter forecast outweighs earnings miss (NYSE:CLF)

Cleveland-Cliffs Q2: A Make-Or-Break Moment For The Stock (NYSE:CLF)

Cleveland-Cliffs (CLF) Reports Q2 Loss, Tops Revenue Estimates

Cleveland-Cliffs (CLF) reported a Q2 loss of $0.2 per share, which was better than the Zacks Consensus Estimate of a $0.21 loss, representing an earnings surprise of +4.76%. The company's revenues for the quarter reached $5.23 billion, surpassing the consensus estimate by 1.88%. Despite …

Companhia Siderurgica Nacional: The Deleveraging Thesis Has Turned Into A Value Trap (SID)

POSCO (PKX) Expected to Announce Earnings on Thursday

Cleveland-Cliffs CEO Relinquishes President Title; CFO Takes Over

Cleveland-Cliffs Inc. announced the promotion of its Executive Vice President and Chief Financial Officer, Celso Goncalves, to President and CFO, and his appointment to the company's Board of Directors. Lourenco Goncalves will continue as Chairman and CEO, relinquishing the President title. This move is …

ETFs Investing in POSCO Holdings Inc. Sponsored ADR Stocks

This article lists various ETFs that include POSCO Holdings Inc. Sponsored ADR (PKX) stocks in their portfolios. It provides a detailed table with information on each fund, including market value, weight of PKX in the fund, issuer, management style, focus, expense ratio, AUM, price, …

POSCO opens Korea‘s first advanced manufacturing startup hub in Pohang

POSCO Group has launched South Korea's first advanced manufacturing startup incubation center in Pohang, located within the Research Institute of Industrial Science & Technology (RIST). This center aims to support young companies by providing shared manufacturing infrastructure, technical assistance from RIST, and comprehensive support …

Gerdau (NYSE:GGB; BVMF:GGBR4) shares climb following hydro power acquisition, bolstering energy hedging strategy

Gerdau's shares (NYSE:GGB; BVMF:GGBR4) rose after the company acquired a 23.03% stake in privately held hydroelectric generator DFESA for approximately R$154 million. This acquisition, financed by existing cash, is primarily a hedge against energy costs, increasing Gerdau's renewable self-generation by an estimated 14.4 average …

Record steel shipments drive quarterly profit growth for Steel Dynamics

Steel Dynamics Inc. reported a significant increase in second-quarter net income, reaching $534 million, driven by record steel shipments of 3.7 million tons and robust demand in key markets. CEO Mark Millett highlighted strengthening steel fundamentals, improved pricing, and declining customer inventories. The company …

RELIANCE STEEL & ALUMINUM ($RS) Releases Q2 2026 Earnings

RELIANCE STEEL & ALUMINUM ($RS) announced its Q2 2026 earnings, reporting $6.27 per share and revenues of $4.63 billion, both exceeding analyst estimates. Insider trading activity for the past six months shows 8 sales and no purchases, with key executives selling shares. Institutional investors …

Ternium (NYSE:TX) Sees Large Volume Increase - Should You Buy?

Ternium (NYSE:TX) experienced a significant increase in trading volume on Wednesday, with shares rising to $46.03. Analysts hold a "Moderate Buy" consensus rating with an average target price of $47.94, supported by recent price target increases from UBS and Wells Fargo. The company has …

Algoma Steel Group (ASTL) Q1 2026 earnings summary

Algoma Steel Group has completed its transition to 100% electric arc furnace (EAF) steel production, moving away from coal-based operations. The company reported lower Q1 2026 shipments and revenue due to this transition but saw improved adjusted EBITDA and record plate sales, strategic initiatives …

Klockner & Co: Boards View Worthington Steel's Stated Intentions as Broadly Positive

Klockner & Co.'s Management Board and Supervisory Board have issued a statement regarding Worthington Steel's intention to nominate two individuals to Klockner's Supervisory Board. The company's boards view these intentions as broadly positive, believing that a representative from a significant shareholder like Worthington Steel …

Gerdau (GGB) Could Be a Great Choice

Gerdau (GGB) is presented as an attractive choice for income investors due to its strong dividend profile. The steel producer offers a 2.48% dividend yield, significantly higher than its industry average and the S&P 500, with a history of increasing dividends. Additionally, Gerdau has …

Reliance Steel earnings in focus as growth momentum builds

Reliance Steel & Aluminum Co. is expected to report robust second-quarter earnings, extending its growth streak, with analysts forecasting earnings per share of $5.44 and revenue of $4.25 billion. Investors will closely watch for sustained demand momentum in key end markets like infrastructure and …

Algoma Steel Group Inc. (ASTL) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Algoma Steel Group Inc. (ASTL) is projected to report a year-over-year increase in earnings despite lower revenues for the quarter ending June 2026, with an expected quarterly loss of $0.51 per share. The consensus EPS estimate has been revised 41.18% lower over the last …

Cleveland-Cliffs earnings ahead: Can steel surge narrow losses?

Cleveland-Cliffs Inc. is set to report its second-quarter earnings, with analysts expecting a $0.20 per share loss on $5.18 billion in revenue, reflecting a narrowing of losses due to a 36% year-over-year climb in steel prices. However, concerns remain regarding the sustainability of the …

Northwest Pipe stock trades steady as infrastructure demand supports margins

Northwest Pipe Company's stock is trading steadily, supported by strong demand for water infrastructure. The company reported increased revenue and improved gross profit margins in fiscal 2025, driven by higher project activity and a shift towards high-value engineered products. A substantial backlog of nearly …

Barclays Adjusts Price Target on Steel Dynamics to $272 From $270, Maintains Overweight Rating

Barclays has increased its price target for Steel Dynamics (STLD) to $272, up from $270, while reiterating an "Overweight" rating on the stock. This adjustment comes amidst other analyst revisions for Steel Dynamics, which recently reported Q2 2026 earnings exceeding Street views. The company …

JPMorgan Adjusts Price Target on Steel Dynamics to $260 From $256, Maintains Neutral Rating

JPMorgan has increased its price target for Steel Dynamics (STLD) to $260 from $256, while maintaining a Neutral rating on the stock. This adjustment comes amidst other analyst revisions for Steel Dynamics, including changes from Wells Fargo, BNP Paribas, and Morgan Stanley, as the …

Cleveland-Cliffs Inc. Stock 12‑Month Price Target Raised to $11.15, Implies 18% Upside

The average 12-month price target for Cleveland-Cliffs Inc. (CLF) stock has increased to $11.15, up from $10.96, based on estimates from 11 analysts. This new target suggests an 18% potential upside from the closing price on July 22. Despite the price target increase, the …

Barometer Capital Management Inc. Takes Position in POSCO $PKX

Barometer Capital Management Inc. has acquired a new position in POSCO (NYSE:PKX) during the first quarter, purchasing 23,800 shares valued at approximately $1,392,000. Other institutional investors also increased their holdings in POSCO, while the stock has experienced mixed analyst ratings recently, with an average …

Korea's First Manufacturing Venture Development Hub ... POSCO Begins Full Operations in Pohang

POSCO Group has officially opened Korea's first advanced manufacturing startup development hub in Pohang, aiming to transform innovative manufacturing technologies into commercial products. This initiative addresses the challenges faced by startups with high upfront infrastructure costs by providing advanced facilities and comprehensive support from …

ArcelorMittal increases long prices across Europe: sources

ArcelorMittal is raising its long product prices by €25/tonne across Europe due to increasing gas, electricity, and freight costs, exacerbated by the conflict in the Middle East. Other European mills are also increasing prices ahead of August shutdowns, with market activity expected to pick …

Steel Dynamics Girds for U.S. Plant Expansions as Sales Boom

Steel Dynamics is embarking on plant expansions, including a major grassroot development, anticipating continued strong domestic steel and aluminum demand through 2027. The company set a quarterly record with 3.7 million tons of steel shipments and reported increased net sales and income in the …

Kloeckner Says Boards View Worthington’s Delisting Bid Favorably

Kloeckner's management and supervisory boards view Worthington Steel's delisting offer favorably, considering it in shareholders' best interests. Although Kloeckner stopped short of an official recommendation, it broadly sees Worthington Steel's intentions as positive. Worthington Steel completed its majority acquisition of Kloeckner last month for …

Algoma Steel Group (ASTL) Projected to Release Quarterly Earnings on Wednesday

National Steel (NYSE:SID) Trading 6.5% Higher - What's Next?

Klöckner & Co SE Management Board and Supervisory Board publish response statement on Worthington Steel's delisting acquisition offer

The Management Board and Supervisory Board of Klöckner & Co SE have published a neutral response statement regarding Worthington Steel's delisting acquisition offer. They acknowledge that the delisting is part of a broader strategy for integration and market expansion, finding it to be in …

Anson Resources Receives First Tranche Payment of $2.7 Million From POSCO Holdings, Shares Up 5%

Anson Resources announced it has received the first tranche payment of US$2.7 million from POSCO Holdings as part of their strategic investment agreement. This payment is for the acquisition of 5% of Anson's interest in the Paradox Lithium Project. Following the news, Anson's shares …

STEEL DYNAMICS INC : JP MORGAN RAISES TARGET PRICE TO $260 FROM $256

JP Morgan has increased its target price for Steel Dynamics Inc. (STLD.O) to $260 from $256. This news was reported by Reuters on July 22, 2026. The article advises readers that its content reflects solely the author's opinion and should not be used as …