AK Steel Holding Corporation

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AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

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ASTL

CENX

American Steel and Aluminum (ASA) has opened a new 50,000 square-foot facility in Syracuse, New York, to enhance its manufacturing capacity in response to rising demand in sectors like data centers, defense, and renewable energy. This expansion marks ASA's second facility in Syracuse and aims to improve throughput and lead times for customers. ASA's vertically integrated model allows it to control production from raw materials to finished products, positioning the company to meet the growing needs of its customer base effectively.

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Algoma Steel

Century Aluminum

08:46 ETAmerican Steel and Aluminum Opens New 50,000-Square-Foot Syracuse Facility, Expanding Operations to Meet Surging Demand

The incoming president of the United Steelworkers is aiming to change the union's approach towards Nippon Steel. Bloomberg posted on X, indicating a shift from the previous leadership's resistance to the Japanese company's acquisition of US Steel. This change comes as the union prepares for contract negotiations later this year.

CoinLive

US Steel

VanEck Steel ETF

United Steelworkers President Seeks New Approach with Nippon Steel

6362

5401

5423

Nippon Steel stated that the demand for US Steel is growing, and there is no need to cut production capacity, expecting to return to profitability in the fiscal year 2026. Chief Financial Officer Takahiko Iwai pointed out that capital expenditures are yielding results, and US Steel's operations continue to improve, with about 100 employees going to the US to share technology. The new facilities will support performance next year, with the Big River 2 plant nearing full capacity operation, expected to contribute to profits in the next fiscal year. The challenge facing US Steel is that insufficient investment has led to high variable costs. After completing investments over the next four years, it will increase the proportion of high-margin value-added products, improving quality and cost competitiveness

AASTOCKS

Ishii Iron Works Co., Ltd.

NIPPON STEEL CORP.

Tokyo Steel Manufacturing Co., Ltd.

Nippon Steel expects to return to profitability in the current fiscal year without the need to cut production capacity

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ArcelorMittal SA reported a profit of $177 million, or $0.23 per share, for the fourth quarter, a turnaround from a loss of $390 million, or $0.51 per share, last year. Adjusted earnings were $654 million, or $0.86 per share. Revenue increased to $14.971 billion from $14.714 billion in the previous year, indicating positive growth in the company's financial performance.

AK Steel Holding Corporation(AKS.US)

08:46 ETAmerican Steel and Aluminum Opens New 50,000-Square-Foot Syracuse Facility, Expanding Operations to Meet Surging Demand

United Steelworkers President Seeks New Approach with Nippon Steel

Nippon Steel expects to return to profitability in the current fiscal year without the need to cut production capacity

Amended: ArcelorMittal Reports Turns To Q4 Profit, Revenue Improves