Nucor Corp

Cleveland-Cliffs Surges 29% as Steel Prices Offset Shipment Drop

Cleveland-Cliffs (CLF) shares surged 29% last week as higher steel prices more than offset a 2% decline in shipments. The company guided Q3 adjusted EBITDA to roughly $575 million.

Earnings Jul 27

Cleveland-Cliffs Stock Surges as Q3 Profit Outlook Hinges on Pricing Gains

Cleveland-Cliffs (CLF) shares jumped 6.8% on Friday as the company forecast Q3 adjusted EBITDA of $575 million, with nearly all growth attributed to improved pricing and cost reductions.

Earnings Jul 24

Cleveland-Cliffs Surges 17% as Steel Price Upturn Boosts Margins

Cleveland-Cliffs (CLF) shares surged 17% after forecasting Q3 adjusted EBITDA of $575 million, more than double Q2, as higher steel prices boosted margins despite lower shipment volumes.

Earnings Jul 23

Gerdau Shares Gain as Hydropower Deal Strengthens Energy Cost Hedge

Gerdau's ADR climbed 2.7% to $4.77 after the company acquired a 23.03% stake in hydro generator DFESA for R$154 million, advancing its energy hedging strategy.

Markets Jul 22

Steel Dynamics Q2 earnings beat estimates as steel profit per ton jumps 26%

Steel Dynamics (STLD) reported Q2 earnings that topped estimates, with steel operating profit per ton surging 26% from the prior quarter. Shares fell over 2% in after-hours trading.

Earnings Jul 20

Oklo Stock Surges on Nuclear Fuel Hopes and DOE Milestones

Oklo shares surged 8% amid DOE plutonium fuel talks and a July reactor pilot deadline, as investors eye advanced nuclear growth from AI and data centers.

Markets Jun 2

Nucor's Earnings Soar to $743M, Steel Mills Hit Record Shipments

Nucor's Q1 profit surged to $743M, with record steel mill shipments of 7M tons. Shares climbed 4.5% after the company beat revenue forecasts.

Earnings Apr 28

Cleveland-Cliffs Leads Steel Sector Lower Amid Auto Demand Woes

Cleveland-Cliffs shares dropped over 5% on Friday, the steepest decline among major U.S. steel producers, as the sector faced pressure from weak automotive demand and a broader market selloff.

Commodities Mar 14

Materials Sector Gains on Inflation Data, Steel Slumps on Tariff Fears

The materials sector advanced Friday as a cooler inflation reading boosted sentiment, though steel and aluminum stocks retreated amid renewed tariff concerns. Copper prices held firm despite a significant build in exchange inventories.

Commodities Feb 15

Materials Sector Gains Amid Tariff Uncertainty, Gold Jumps

The materials sector advanced Friday despite pressure on steel producers from tariff speculation, while gold rallied sharply on renewed rate cut hopes.

Markets Feb 14