United States Steel Corporation is a leading steel producer that manufactures a wide range of steel products for various industries, including automotive, construction, energy, and consumer goods
The company operates several steel mills and facilities across the United States and has a history of innovation in steel production, focusing on sustainability and efficiency. In addition to steelmaking, United States Steel is involved in mining operations to source raw materials, while also engaging in the development of advanced technologies to enhance environmental performance and minimize its carbon footprint. With a commitment to quality and service, the company plays a vital role in the domestic and global steel supply chain.
US Steel stock (X) shows bullish signals with 8.35% gain in 5 days and forming a Golden Cross. Strong momentum, earnings outlook, and merger drama drive the stock's rise. Billionaire Druckenmiller doubles stake as Trump hints at supporting blocked merger. Next move could be explosive.
Explaining the reasoning behind the guidance, US Steel CEO David Burritt said that demand in Europe is still subdued even as pricing has improved slightly.
The 25% tariffs on steel and aluminum imports imposed by U.S. President Donald Trump have now taken effect, triggering a swift retaliation from the European Union.
The immediate bullish reaction we're seeing in copper futures and mining stocks reflects how markets operate on expectations rather than current realities.
High short interest on a stock that is set to rally is a buyer's dream because it could trigger a short squeeze. Institutional buyers and analysts are in
Republican Senator Mitch McConnell expressed his concerns over President Donald Trump's tariff policies, warning that they could trigger a trade war and subsequently inflate prices for consumers and businesses in the U.S.
Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P Metals & Mining, and Global X U.S. Infrastructure Development ETF.
