US steel industry tariffs

US Steel Industry Craves Another Tariff Reprieve

While the US slapped tariffs on imports on several key product categories, the US steel industry’s fortunes haven’t really revived.
gold prices

Weekly Update: Will the Upside Stay Intact in Gold Prices?

In 2020, gold prices have been shining due to turmoil in the equity market. The S&P 500 Index (NYSEARCA:SPY) has fallen by 12.4% on a YTD basis.
U.S. Steel Q1 Minntac layoffs

U.S. Steel: Q1 Earnings, Layoffs, and Minntac Stake Sale

U.S. Steel Corporation (NYSE:X) released its first-quarter earnings on Thursday after the markets closed. The earnings were better than expected.
NUE X US Steel Q1 earnings

NUE and X to Report Q1 Earnings: What Should You Watch?

The earnings season is in full swing. This week, Nucor (NYSE:NUE) and U.S. Steel Corporation (NYSE:X) will likely release their first-quarter earnings.
gold price

How’s COVID-19 Playing Differently on Oil and Gold Prices?

Usually, the correlation between gold prices and oil prices is positive for two main reasons. First, both are denominated in the US dollar.
Alcoa stock sell Q1 earnings

Should You Sell Alcoa Stock before Its Q1 Earnings Release?

Alcoa will likely report its first-quarter earnings on April 22 after the markets close. The stock has risen sharply from its March lows.
US steel prices

Could US Steel Prices Fall More amid COVID-19?

US steel prices have come under pressure this month following weakness in other industrial metals. The worst might not be over for industrial metals.
US Steel Covid-19 essential

US Steel, COVID-19, and the Dichotomy of ‘Essential’

US steel production data reflect the impact of COVID-19. In the week ending April 4, production fell by 18.9% compared to the same period in 2019.
US steel industry X

How Does COVID-19 Impact the US Steel Industry?

U.S. Steel Corporation (NYSE:X) has been under pressure due to the coronavirus, falling crude oil prices, and a weak balance sheet.