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: …
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 …
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 …
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 …
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 …
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 …
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.
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.
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.
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 …