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Cleveland-Cliffs Lifts Minimum Base Price For Hot Rolled Steel To $1,200 Per Net Ton
(RTTNews) - Steel producer Cleveland-Cliffs Inc. (CLF) announced Monday that it is increasing current spot market base prices for all carbon hot rolled, cold rolled and coated steel products by a minimum of $100 per net ton, effective immediately with all new orders.
Cliffs' minimum base price for hot rolled steel is now $1,200 per net ton.
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UK Car Sales Drop 10.4% In April As Higher Taxes Hurt - SMMT
New car registrations in the U.K. decreased in April mainly due to customers making purchases early to avoid higher taxes that came into effect at the start of the month, though electric car sales continued to increase, monthly data from the Society of Motor Manufacturers and Traders showed on Tuesday.
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1s 6 dakika önce
U.S. Trade Deficit Spikes To Record High In March As Import Surge
The U.S. trade deficit spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday. The report said the trade deficit soared to a record high $140.5 billion in March from a revised $123.2 billion in February.
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1s 52 dakika önce
Eurozone Private Sector Growth Eases On Weaker Demand
Euro area private sector growth weakened in April as soft demand conditions limited the speed of expansion and weighed on sentiment, final results of the purchasing managers' survey by S&P Global showed on Tuesday. The HCOB final composite output index fell to 50.4 in April from 50.9 in March, but the reading suggested growth for the fourth straight month.
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2s 55 dakika önce
U.S. Trade Deficit Surges Much More Than Expected In March
The U.S. trade deficit spiked by much more than expected in the month of March, according to a report released by the Commerce Department on Tuesday.
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3s 19 dakika önce
Bay Street Likely To Open On Mixed Note
Canadian shares may be weighed down on Tuesday by U.S. President Donald Trump's announcement on Monday that he is likely to announce pharmaceutical tariffs soon. The Federal Reserve's monetary policy announcement, due on Wednesday, is also in focus.
However, higher crude oil and metal prices could trigger some buying in energy and materials space.
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3s 31 dakika önce
Philips Cuts FY25 Margin View On Tariffs, Despite Higher Q1 Income, Orders; Stock Down
Shares of Royal Philips N.V. were losing around 3 percent in the mid-day trading in Amsterdam, as well as around 5 percent in pre-market activity on the NYSE, after the Dutch consumer electronics giant on Tuesday trimmed its margin forecast for fiscal 2025 to reflect the estimated net tariff impact of 250 million euros to 300 million euros. Further, the firm maintained annual sales view,...
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4s 35 dakika önce
FTSE 100 Down Slightly As Stocks Turn In Mixed Performance
U.K. stocks are turning in a mixed performance in cautious trade on Tuesday with traders back to trading after a long weekend. Investors are awaiting the monetary policy announcements from the Federal Reserve and the Bank of England, due on Wednesday and Thursday, respectively.
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4s 36 dakika önce
Yen Rises Amid Risk-off Mood
The Japanese yen strengthened against other major currencies in the European on Tuesday, as European stocks traded lower as investors assessed the latest batch of earnings and awaited upcoming Fed and BoE meetings.
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4s 47 dakika önce
