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Renaissance Technologies LLC Purchases 35,638 Shares of Worthington Steel, Inc. $WS

Renaissance Technologies LLC increased its stake in Worthington Steel (NYSE:WS) by 23.6% in the first quarter, acquiring an additional 35,638 shares, bringing its total holdings to 186,438 shares valued at $5.66 million. Institutional investors and hedge funds own 45.41% of the company, which has …

Friedman Industries Net Earnings Rise to $12.8 Million

Friedman Industries (FRD) reported a significant increase in net earnings to $12.8 million for the quarter ending June 30, 2026, up from $5.0 million the previous year. Net sales rose 78% year-over-year to $240.0 million, with diluted earnings per share reaching $1.79. The company …

Gerdau (NYSE: GGB) buys 23.03% DFESA stake for R$150m cash

Gerdau S.A. has completed the acquisition of a 23.03% equity stake in Dona Francisca Energética S.A. (DFESA) from Companhia Paranaense de Energia (COPEL) for R$150 million. The transaction, including a proportional cash balance, totaled R$150,719,205.75 and was funded internally. This acquisition supports Gerdau's decarbonization …

Ternium SA Stock (TX) Closed Down by 3.09% on Aug 6: Key Drivers Unveiled

Ternium SA (TX) stock closed down 3.09% on August 6 due to margin compression from high input costs, global steel oversupply, and a slowdown in Mexican industrial production. Currency volatility in the Southern Cone and the breach of key technical support levels also contributed …

Ternium (TX) Is Up 11.8% After Q2 Beat And Margin Jump Is The Bull Case Changed?

Ternium (TX) reported strong second-quarter 2026 results with sales of US$4,340.29 million and net income of US$343.67 million, exceeding expectations. The company's adjusted EBITDA surged by 50% sequentially, and margins improved to 16.5% due to higher shipments and trade defense measures. While these results …

Gerdau S.A. Stock 12‑Month Price Target Raised to $5.32, Implies 4% Upside

Analysts have raised the 12-month average price target for Gerdau S.A. stock (GGBR3) from $5.25 to $5.32, representing a potential 4% upside from its Aug. 5 closing price. The consensus rating remains a "Buy" from 11 analysts, with 9 recommending Buy and 2 recommending …

CRU: Trinidad talks up revival plan for ex-ArcelorMittal plant

Trinidad's government is enthusiastic about a plan to reopen the former ArcelorMittal long products mill at Point Lisas, which closed ten years ago. The initiative involves US companies Pinnacle Steel and Vanadium Corp, aiming for a significant investment, job creation, and economic diversification. However, …

Gerdau S.A. (GGB) stock price, news, quote and history

This article provides a comprehensive overview of Gerdau S.A. (GGB) stock, including its current price, market performance, and company profile. It details key financial metrics, earnings trends, analyst insights, and compares GGB with similar companies in the steel industry. The article is current as …

Gerdau S.A. (NYSE:GGB) Raises Dividend to $0.04 Per Share

Gerdau S.A. (NYSE:GGB) announced a 24.1% increase in its quarterly dividend to $0.0448 per share, payable on September 18th to shareholders of record by August 21st. The annualized dividend is approximately $0.11 per share, yielding 3.5%, and is well-covered by earnings with a payout …

CLF5158705 Bond Profile — Key Metrics

This article provides a bond profile for Cleveland-Cliffs Inc. 7.0% 15-MAR-2027 (CLF5158705). It details key metrics such as issuer, issue date, maturity date, outstanding amount, face value, minimum denomination, and coupon rate. The company, Cleveland-Cliffs Inc., is described as a flat-rolled steel company founded …

FMR LLC discloses 5.4% Steel Dynamics (STLD) holding in new 13G filing

FMR LLC has filed a new 13G disclosing a 5.4% beneficial ownership stake in Steel Dynamics Inc. (STLD). The filing indicates that FMR LLC holds 7,720,912.13 shares with sole dispositive power, and Abigail P. Johnson is also listed with sole dispositive power over the …

Sidoti Has Bearish Estimate for Metallus Q3 Earnings

POSCO Air Solution Receives International Certification for Aerospace and Defense Rare Gases

POSCO Air Solution, a subsidiary of POSCO Group, has secured AS9100D international quality certification for producing high-purity rare gases for aerospace and defense, becoming the first Asian company to do so in this field. This certification follows the completion of their new production facility …

ArcelorMittal restarts BF at Fos-sur-Mer

ArcelorMittal has restarted blast furnace No. 1 at its Fos-sur-Mer steelworks, meaning all its European blast furnaces are now operational. This follows other restarts in Spain and Poland, bringing a total capacity of 7 million tonnes of pig iron per year back to the …

Reliance Steel stock hits all-time high at 421.15 USD

Reliance Steel & Aluminum Co. (RS) stock has achieved an all-time high of $421.15, marking a 48.12% increase over the past year. This milestone follows impressive Q2 2026 results where the company surpassed Wall Street expectations, attributing its success to strong sales and a …

Northwest Pipe Co (NWPX) Earnings Forecast: Future EPS & Revenue Growth Estimates

This article provides an earnings forecast for Northwest Pipe Co (NWPX), indicating a current earnings forecast score of 6.00 and an average analyst price target of $70.00. Based on ratings from 2 analysts, the stock has a "Hold" recommendation. The report also details expected …

Steel Dynamics Inc. stock underperforms Thursday when compared to competitors

Shares of Steel Dynamics Inc. (STLD) fell 1.68% on Thursday, closing at $261.48. This underperformance occurred on a generally negative trading day for the stock market, with both the S&P 500 Index and Dow Jones Industrial Average also declining. The stock's dip ended a …

A Look at Ternium SA (TX) After 6.7% Gain -- GF Value $37.05 vs Price $53.71

Ternium SA (TX) shares recently rose 6.7% to $53.71, yet GuruFocus assesses the stock as significantly overvalued by 45.0% compared to its GF Value of $37.05. Despite a strong GF Score of 83/100, driven by profitability and momentum, the valuation and growth scores are …

Gerdau Q2 2026 slides: EBITDA surges 16% on North America strength

Brazilian steelmaker Gerdau reported a strong second quarter in 2026, with adjusted EBITDA surging 16% sequentially to R$ 3.4 billion, primarily driven by robust demand in North America and improved operational efficiency. Despite strong performance, shares saw a modest decline as investors considered future …

Steel Dynamics Stock And 2 Domestic Manufacturing Picks for Tariff Focused Investors

This article identifies three U.S. domestic manufacturing stocks—Steel Dynamics (STLD), Matrix Service (MTRX), and AdvanSix (ASIX)—that are positioned to benefit from new tariffs. It highlights their strong domestic production bases, resilience to supply chain disruptions, and potential for growth despite various execution risks. The …

Can Steel Dynamics Outrun Nucor in the Next Rally?

The article poses a question about whether Steel Dynamics can outperform Nucor in an upcoming market rally. The content provided does not offer an answer or any details beyond the title, as it appears to be a stub or a page with navigation and …

Ternium (NYSE: TX) boosts H1 profit, expands Usiminas stake and details Brazil suit risk

Ternium S.A. reported significantly increased profits for the first half of 2026, with net sales reaching $8.27 billion and profit more than doubling to $836.9 million. The company expanded its economic exposure in Brazil by acquiring an additional stake in Usiminas for $315.2 million, …

Gerdau Files Mid‑Year 2026 Interim Financials with U.S. SEC

Gerdau S.A. has filed its unaudited condensed consolidated interim financial statements as of June 30, 2026, with the U.S. SEC, providing updated financial visibility for U.S. investors. The filing shows stable total assets at R$81.97 billion, largely consistent with year-end 2025, and a stable …

Nucor Corporation $NUE Shares Sold by Bank of America Corp DE

Bank of America Corp DE reduced its stake in Nucor Corporation (NYSE:NUE) by 5.3% in the first quarter of 2026, selling 69,583 shares. Despite this, institutional investors collectively own 76.48% of Nucor's stock. Nucor reported strong quarterly earnings, beating expectations with an EPS of …

CSN seeking $2.9B for sale of cement unit - Bloomberg (SID:NYSE)

Companhia Siderúrgica Nacional (CSN) is reportedly seeking at least $2.9 billion for the sale of its cement business. The Brazilian steelmaker expects to receive four bids as it moves to sell the entire unit, abandoning an earlier plan.

Reliance, Inc. $RS Position Reduced by Edgestream Partners L.P.

Edgestream Partners L.P. significantly reduced its stake in Reliance, Inc. (NYSE:RS) by 95.5% in the first quarter of 2026, selling 48,512 shares and retaining a smaller position. Despite this reduction and insider selling by company executives, Reliance reported strong Q1 earnings, beating analyst expectations …

Ternium SA Stock (TX) Moved Up by 6.48% on Aug 5: What Signal Does It Send?

Ternium SA (TX) stock surged by 6.48% on August 5th after the company released strong quarterly financial results that surpassed consensus estimates, driven by robust EBITDA margins and resilient shipment volumes, especially from its Mexican operations. Investors are also responding positively to updates on …

Gerdau S.A. 2026 Q2 - Results - Earnings Call Presentation (NYSE:GGB) 2026-08-05

This article presents the Q2 2026 earnings call presentation for Gerdau S.A. (NYSE: GGB). The company reported an EPS of $0.14, missing estimates by $0.01, and revenue of $3.48 billion, exceeding expectations by $61.56 million and representing an 11.18% year-over-year increase. The accompanying slide …

Gerdau Q2 2026 slides: North America drives EBITDA to 3-year high

Gerdau S.A. reported strong Q2 2026 results, with adjusted EBITDA reaching a three-year high of R$ 3.4 billion, primarily driven by robust demand and improved operational execution in North America. The company's adjusted net income surged 45% to R$ 1.5 billion, significantly exceeding Wall …

KeyBanc reiterates Metallus stock rating on growth strategy

Behavioral Patterns of WS and Institutional Flows

Worthington Steel Inc. (NYSE: WS) is showing neutral near-term sentiment despite mid and long-term strength, with resistance being tested. AI models have generated three trading strategies: a Long Position Trading Strategy, a Momentum Breakout Strategy, and a Risk Hedging Strategy. Multi-timeframe signal analysis reveals …

Nucor Corp (NYSE: NUE) EVP sells 4000.0000 shares at 261.0156

Nucor Corp's Executive Vice President, Thomas J. Batterbee, sold 4000 shares of company stock on August 3, 2026, at an average price of $261.0156 per share. This transaction, conducted as an open market or private sale, leaves him with 16137.87 shares held directly. The …

Ternium (NYSE:TX) Hits New 1-Year High After Strong Earnings

Ternium (NYSE:TX) shares have reached a new 52-week high of $52.71 after the company reported strong quarterly earnings, including $1.80 EPS and $4.34 billion in revenue. Analyst sentiment remains largely positive with a "Moderate Buy" consensus and an average price target of $47.94, despite …

Metalurgica Gerdau: Strong YoY growth in shipments, EBITDA, and cash flow, with low leverage and key projects advancing

Metalurgica Gerdau (GOAU3) reported strong year-over-year growth in shipments, EBITDA, and cash flow, driven by robust performance in North America and improved profitability in Brazil. The company maintains low leverage, has strong cash flow, increased energy self-generation, and is nearing completion of significant CAPEX …

[6-K] GERDAU S.A. Current Report (Foreign Issuer)

GERDAU S.A. filed a Form 6-K report with the SEC on August 5, 2026, detailing strong financial results for Q2 2026, including a 16% increase in Adjusted EBITDA to R$3.4 billion and a 45% rise in Adjusted Net Income to R$1.5 billion compared to …

ArcelorMittal's Q2 Earnings & Revenues Miss Estimates, Sales Up Y/Y

ArcelorMittal (MT) reported Q2 2026 earnings and revenues that missed analyst estimates, despite a 5% year-over-year increase in total sales. Net income significantly decreased compared to the prior year, and total steel shipments also saw a decline. The company expects increased shipments in the …