Steel News

• TimkenSteel (TMST) Reports Q3 Loss, Tops Revenue Estimates
  
  TimkenSteel (TMST) delivered earnings and revenue surprises of -58.33% and 0.59%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
  Zacks.  Thursday, 29 Oct 2020.
• Reliance Steel (RS) Q3 Earnings Beat, Stock Down on Sales Miss
  
  Reliance Steel (RS) saw double-digit revenue decline in Q3. It expects shipping volumes to decline in Q4 on customer holiday-related shutdowns and fewer shipping days.
  Zacks.  Tuesday, 27 Oct 2020.
• Steel producer starts construction on Kentucky plant
  
  BRANDENBURG, Ky. (AP) - Steel producer Nucor Corp. has broken ground as construction begins on its new $1.7 billion manufacturing mill in Kentucky. ...
  Washington Times.  Monday, 26 Oct 2020.
• Bitcoin Futures May Be Overbought
  
  Oct.23 -- In this edition of "Futures in Focus," Bloomberg's Alix Steel and Guy Johnson take a look at the surge in Bitcoin futures. They speak on "Bloomberg Markets."
  Yahoo.  Friday, 23 Oct 2020.
• Steel producer Nucor sees opportunity in autos beyond recent rebound
  
  "We're about 1.6 million tons a year of our products going to automotive. Will double that in the next several years," Nucor CEO Leon Topalian told CNBC.
  CNBC.  Thursday, 22 Oct 2020.
• Steel tycoon Sanjeev Gupta moves to expand empire
  
  The Indian-born, British businessman's Liberty group has swooped on the legacy steel business of Thyssenkrupp, a tie-up that would bring together Europe's second and fourth-biggest producers.
  Daily Mail.  Saturday, 17 Oct 2020.
• Apple Unveils iPhone 12 Pro and Pro Max With Larger Screens and Steel Cases
  
  The premium iPhones get even sleeker.
  Entrepreneur.  Tuesday, 13 Oct 2020.
• New research on SARS-CoV-2 virus 'survivability'
  
  COVID-19 causing virus lasts for 10 days longer than Influenza on some surfaces Lower temps, glass, stainless steel and paper banknotes give virus longer life.
  Science Daily.  Sunday, 11 Oct 2020.
• Covid-19 virus 'survives on some surfaces for 28 days'
  
  Researchers find SARS-Cov-2 survives on glass, paper and stainless steel for longer than thought.
  BBC News.  Sunday, 11 Oct 2020.
• TRUST WATCH: Baker Steel Resources
  
  Baker Steel Resources' largest holdings are in Zimbabwe's Bilboes Gold, Australian coal company Futura Resources, and the Russian miner Polar Acquisition.
  Daily Mail.  Friday, 9 Oct 2020.
• Trump steel tariffs bring job losses to swing state Michigan
  
  President Donald Trump promised a new dawn for the struggling U.S. steel industry in 2016, and the lure of new jobs in Midwestern states including Michigan helped him eke out a surprise election win. ...
  Yahoo.  Friday, 9 Oct 2020.
• Youth jail plans therapy rather than steel doors
  
  "Secure schools" will try to cut youth reoffending with neuroscience and education - not prison cells.
  BBC News.  Monday, 5 Oct 2020.
• Chinese giant Jingye eyes takeover of Tata's Port Talbot steelworks
  
  The Chinese conglomerate which took control of British Steel earlier this year has set its sights on an even bigger UK deal by lodging an interest in Tata Steel UK, the owner of the vast Port Talbot plant in South Wales.
  Sky News.  Saturday, 3 Oct 2020.
• Old Republic Steel plant in Hegewisch to be redeveloped into industrial park
  
  The former steel plant will transform into one of the largest industrial developments in Chicago in nearly two decades.
  ABC News.  Monday, 28 Sep 2020.
• NFL star DeAndre Hopkins beefs up investment portfolio with new BioSteel deal
  
  Arizona Cardinals star DeAndre Hopkins negotiated is own football contract and now he's focusing on his off field investments
  CNBC.  Tuesday, 22 Sep 2020.

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