Shares of European steel companies extended this week’s rally on expectations the EU will introduce tariffs on steel imports.

Algoma Steel falls to the lowest since since it returned to public markets in 2021 after warning that it expects to post a Q3 earnings loss as steel shipments decline.

Late Wednesday, Algoma, which produces steel sheet and plate products, said it expects total steel shipments of about 415,000 net tons to 420,000 net tons in the quarter, down from 520,443 tons in the ...

RBC Capital analyst James McGarragle lowered the firm’s price target on Algoma Steel (ASTL) to C$6 from C$8 and keeps a Sector Perform rating on ...

The European Union plans to hike tariffs on steel imports to 50% and cut by nearly a half the volume of steel that’s allowed ...

Iron ore prices rose this week despite weak steel demand, driven by expectations of record Chinese steel exports, stockpiling, and hopes of a late-year demand rebound.

Starting this week, Sonos has discounted nearly its entire inventory of certified refurbished headphones, soundbars and ...

The U.S. tariff policy in place since April, and now set as a 50% surcharge, has paralleled a notable drop in output by ...

The company saw “continued growth in automotive with new programs ramping up to drive volume,” with Detroit 3 production up 5% year-over-year and Worthington Steel’s shipments increasing by nearly 13% ...

U.S. steel prices, including hot rolled coil, have fallen to their lowest levels since February despite earlier tariff-driven gains. Weak construction demand, short mill lead times, and volatile ...

GRAND RAPIDS, MI — Construction of Amway Stadium, the 8,500-seat soccer stadium being built in downtown Grand Rapids, is progressing on schedule, officials say, with the venue’s first steel beams ...