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Glencore's Profit Machine Roars Back: Can Stronger Commodity Earnings Power the Next Leg Higher?

After a bruising 2025, Glencore (LSE:GLEN) has come roaring back. The London-listed miner andCommoditytrader reported first-half 2026 net income of $4.4 billion on 5 August, a dramaticReversalfrom the $655 million loss it booked in the same period a year earlier. The recovery was broad-based: …

Ankur Sharma | 24 August 2026

Reliance Steel & Aluminum (NYSE:RS) Rises Pre-Market as Tariffs Boost Domestic Producers

Reliance Steel & Aluminum Co. (NYSE:RS) shares surged in pre-market trading as U.S. steel and aluminum producers rallied following the collapse of U.S.-Canada trade talks and the enforcement of 50% tariffs on Canadian goods. Canada is set to impose its own retaliatory tariffs beginning …

Nitish Kishor | 24 August 2026

Why Is Steel Dynamics (NASDAQ:STLD) Rising 5% Pre-Market Today?

Steel Dynamics, Inc. (NASDAQ:STLD) shares jumped in pre-market trading after U.S.-Canada trade talks collapsed late Friday, leaving the 50% U.S.Tariffon Canadian steel and aluminum imports intact rather than being halved as had previously been reported. TheReversalreignites bullish sentiment on domestic steel pricing power just …

Nitish Kishor | 24 August 2026

This NYSE Steel Producer Climbs Pre-Market Amid Broader Sector Rally

Commercial Metals Company (NYSE:CMC) shares climbed in pre-market trading after Bank of America reiterated a Buy rating, pointing to significant upside potential with an analyst consensus price target near $81.56. The gain adds to bullish sentiment already building around the company's strong fiscal second-quarter …

Nitish Kishor | 24 August 2026

This NYSE Steel Giant Surges Pre-Market as 50% Canadian Tariffs Stay in Place

Nucor Corporation (NYSE:NUE) shares surged in pre-market trading after failed U.S.-Canada trade talks kept 50% tariffs on Canadian steel firmly in place, reversing last week's selloff that had been driven by hopes of relief. Canada's retaliatory tariffs, set to begin September 8, alongside the …

Nitish Kishor | 24 August 2026

Cleveland-Cliffs (NYSE:CLF) Rises Pre-Market as Trade Dispute Fuels Steelmaker Rally

Cleveland-Cliffs Inc. (NYSE:CLF) shares climbed further in pre-market trading, extending Friday's sharp rally as the escalating U.S.-Canada trade dispute continues to fuel bullish sentiment for domestic steelmakers. The Trump administration began enforcing 50% tariffs on Canadian goods after trade talks collapsed, prompting Canada to …

Nitish Kishor | 24 August 2026

Gold Rises to $4,630 an Ounce, Highest Since Mid-May, on Debasement Trade

Gold rose to around $4,630 an ounce on Monday, extending last week's gains and reaching its highest level since mid-May, as concerns over US debt management and fiscal sustainability persisted following the Treasury's unexpected ramp-up in longer-dated debt buybacks.

Nitish Kishor | 24 August 2026

Silver Trades Above $69 an Ounce at Two-Month High on Debasement Trade

Silver traded above $69 an ounce on Monday, hovering at a two-month high, as concerns over USDebtmanagement and fiscal sustainability persisted after the Treasury unexpectedly ramped up buybacks of longer-dated government debt.

Nitish Kishor | 24 August 2026

Coal Prices Rise Above $131 a Ton on Firm Asian Energy Demand

Coal prices rose above $131 per ton in late August, reaching their highest level since early August, amid firm Asian energy demand and ongoing supply risks.

Nitish Kishor | 24 August 2026

Gold Jumps Over 2% to 3-Month High as US Treasury Debt Buyback Plan Rattles Bond Markets

Gold's move above $4,650 an ounce marks its highest level in over three months, a signal that investors are once again reassessing the durability of US fiscal policy. The metal's five percent weekly advance did not emerge in isolation. It followed a Treasury announcement …

Vinay Lochav | 21 August 2026
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