U.S. steel prices have surged significantly this year, with benchmark hot-rolled coil (HRC) prices rallying more than 25%.
Shagang's HRC Price Adjustment Information for April 2025. On April 1, Shagang Group adjusted the ex-factory prices for HRC, based on the "HRC Price Adjustment Information for Mar ...
Inc to "Overweight" amid tariff driven price surges, and the completion of its capital expenditure cycle and expectations of higher free cash flow and shareholder returns.
The agency noted that the move, covering 5.34 million tonnes or 62 per cent of total flat steel imports in FY24, could boost ...
Weak Downstream Purchase Willingness, Cost-Driven Price Resilience. On April 2, the activity in the stainless steel spot market was lackluster, with weak downstream purchase willingness. The ...
UBS analyst Andrew Jones upgraded Steel Dynamics (STLD) to Buy from Neutral with a $149 price target Tariff protection for U.S. steel and ...