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U.S. Steel Takeover Talk Rattles Manufacturers
A deal for the American steelmaker could leave fewer options for steel used in cars, food cans and other products. Source link
Esmark Bids for U.S. Steel, Setting Up Potential Battle for Steelmaker
U.S. Steel previously rejected a cash-and-stock offer from rival Cleveland-Cliffs; Esmark says it will pay $35 a share in cash. Source link
U.S. Steelmakers Are Still Expanding as Demand Slows
Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand. Source link
CLF Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of Cleveland-Cliffs Inc (Symbol: CLF) crossed below their 200 day moving average of $17.17, changing hands as low as $17.07
Notable Friday Option Activity: QCOM, CLF, FOUR
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Qualcomm Inc (Symbol: QCOM), where a total
The Paper-Thin Steel Needed to Power Electric Cars Is in Short Supply
Business U.S. Steel and Cleveland-Cliffs jockey with foreign rivals to supply the crucial material for EV motors Source link