Steel News

• Why We Are Cutting Our Price Estimate For U.S. Steel Stock
  
  The shares of United States Steel Corporation (NYSE: X) have declined by about 15% year-to-date and remain down by over 45% from their March 2022 highs.
  Forbes.  Friday, 7 Oct 2022.
• Steel Dynamics (STLD) Wraps Up Mexican Recycling Company Buyout
  
  The addition of Roca bolsters Steel Dynamics' (STLD) ferrous and nonferrous raw material procurement strategy.
  Zacks.  Thursday, 6 Oct 2022.
• Is W.W. Grainger (GWW) Stock Outpacing Its Industrial Products Peers This Year?
  
  Here is how W.W. Grainger (GWW) and Reliance Steel (RS) have performed compared to their sector so far this year.
  Zacks.  Wednesday, 5 Oct 2022.
• Is ArcelorMittal Stock Likely To Recover From The Recent Selloff?
  
  ArcelorMittal stock (NYSE: MT), the largest steel producer in Europe, declined by about 16% over the last month (about 21 trading days).
  Forbes.  Tuesday, 4 Oct 2022.
• RUTH SUNDERLAND: PM Liz Truss and Conservatives must show steel
  
  As If PM Liz Truss did not have enough to worry about, a row over thousands of jobs in the steel industry is blowing up.
  Daily Mail.  Monday, 3 Oct 2022.
• Blowing up Redcar's steelworks clears way for 'Investment Zones' to level up. But will they work?
  
  British Steel's former Basic Oxygen Steelmaking (BOS) plant here at Redcar involved 105,000 tons of solid steel and iron. It took nearly two tons of explosives to bring it down.
  Daily Mail.  Monday, 3 Oct 2022.
• Redcar steel plant: 'Biggest demolition' of its kind in 75 years
  
  Up to 1.6 tonnes of explosives were used to level the 65m (213ft) structure.
  BBC News.  Saturday, 1 Oct 2022.
• British Steel's Chinese owner seeks huge government aid package
  
  The owners of Britain's second-biggest steel producer are seeking an urgent package of financial support from taxpayers amid renewed fears for thousands of industrial jobs in the north of England.
  Sky News.  Saturday, 1 Oct 2022.
• King's Lynn Queen Elizabeth Hospital: PM Truss calls for Coffey visit
  
  The crumbling roof of a Norfolk hospital has been held up with steel and wooden posts for years.
  BBC News.  Thursday, 29 Sep 2022.
• California's heated discussion
  
  It was not so long ago that House Speaker Nancy Pelosi caught some criticism for the size of her luxury refrigerator -- a $24,0000 stainless steel Sub-Zero model full of fancy ice cream brands. ...
  Washington Times.  Wednesday, 7 Sep 2022.
• Busting the myth that private cellular is more costly than Wi-Fi
  
  Case study of Celona customer indicates steel manufacturers saw a cost advantage of using private cellular instead of Wi-Fi.
  ZDNet.  Wednesday, 31 Aug 2022.
• Global miners are confident China's stimulus will help prop up steel and iron ore demand
  
  While there are uncertainties surrounding the strength of the demand and production of steel in China, Fortescue says there are so far no signs demand has crumbled.
  CNBC.  Wednesday, 31 Aug 2022.
• Jim Cramer says Powell 'means business' on inflation, so avoid money-losing companies
  
  Shareholders of money-losing companies should steel themselves for more downside, CNBC's Jim Cramer said Monday.
  CNBC.  Monday, 29 Aug 2022.
• Longtime Bakersfield musician and wife found dead in desert east of California City
  
  Kern County sheriff's deputies found steel guitar player Larry Petree and his wife, Betty, in a remote stretch of desert Aug. 21.
  Los Angeles Times.  Sunday, 28 Aug 2022.
• Amid Ruins of Azovstal, Images of Pain and Sacrifice
  
  Inside the Azovstal steel plant, before Ukraine surrendered it to Russian forces.
  Voice of America.  Friday, 26 Aug 2022.

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