Materials Down After Steelmaker Warning -- Materials Roundup
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Producers of metals and other raw materials fell after warnings from Nucor and Steel Dynamics about lower-than-expected fourth-quarter earnings. Despite the warnings, Steel Dynamics shares rose. Precious metals saw gains, with gold and silver reaching all-time highs. Weyerhaeuser launched a venture to replace metallurgical coal. Fed governor Christopher Waller predicted softer inflation and potential rate cuts. Bolivia seeks financial aid from the Trump administration and plans to open lithium reserves to foreign investors.
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