[ad_1] Here are some of the major companies whose stocks moved on the week’s news. [ad_2] Source link
Tag: Ferrous Metals
U.S. Steel Takeover Talk Rattles Manufacturers
[ad_1] A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. [ad_2] Source link
Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker
[ad_1] U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash. [ad_2] Source link
U.S. Steel Rejects Offer From Cleveland-Cliffs
[ad_1] Cleveland-Cliffs said it offered cash and stock worth $35 a share for its main competitor, valuing U.S. Steel at more than $7 billion. [ad_2] Source link
China Slips Into Deflation in Warning Sign for World Economy
[ad_1] China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. [ad_2] Source link
A Onetime Paper Maker Is Now the King of Lithium
[ad_1] Charlotte, N.C.-based Albemarle, which began as a paper mill in 1887, has become a key cog in a tight global supply chain for battery metals used in electric cars…
America’s Factory Boom Drives Sales Surge for Excavators, Steel and Trucks
[ad_1] Construction of semiconductor and battery factories helps Caterpillar, Nucor and other manufacturers plow past economic uncertainty and rising interest rates. [ad_2] Source link
Anglo American 1Q Production Rose 9% On Year; Backs 2023 Guidance
[ad_1] Anglo American said its first-quarter production increased 9%, driven by copper at its new Peru mine and improvements in its other operations, and kept its 2023 guidance unchanged across…
Fortescue Third-Quarter Iron-Ore Exports Steady
[ad_1] Fortescue Metals Group Ltd. said third-quarter iron-ore shipments were steady versus a year earlier, and that it expects fiscal-year output costs to be at the lower end of company…
Lithium Miners Slump as Chile Unveils State-Led Policy
[ad_1] President Gabriel Boric’s plan to create a state-owned lithium company comes as Chile faces pressure for more public spending. [ad_2] Source link