Advertisement
Australia markets close in 5 hours 24 minutes
  • ALL ORDS

    7,848.30
    -89.20 (-1.12%)
     
  • ASX 200

    7,588.10
    -94.90 (-1.24%)
     
  • AUD/USD

    0.6527
    +0.0004 (+0.06%)
     
  • OIL

    83.89
    +0.32 (+0.38%)
     
  • GOLD

    2,341.40
    -1.10 (-0.05%)
     
  • Bitcoin AUD

    98,363.20
    -763.23 (-0.77%)
     
  • CMC Crypto 200

    1,389.48
    +6.91 (+0.50%)
     
  • AUD/EUR

    0.6081
    +0.0008 (+0.13%)
     
  • AUD/NZD

    1.0941
    -0.0016 (-0.15%)
     
  • NZX 50

    11,891.69
    -54.74 (-0.46%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    17,917.28
    -171.42 (-0.95%)
     
  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     
  • NIKKEI 225

    37,617.81
    -10.67 (-0.03%)
     

US Steel Mills Take the Fight Head On as Prices Fall

US Steel Mills Take the Fight Head On as Prices Fall

Is the Sell-Off in US Steel Stocks Overdone? Steel prices are the key driver of steel companies’ earnings. Earlier this year, spot HRC (hot rolled coil) prices hit a decade high, with prices topping $900 per ton.