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  2. U.S. Steel faces murky future after proposed Nippon Steel ...

    www.aol.com/u-steel-faces-murky-future-220916581...

    In December, U.S. Steel said it expected fourth-quarter adjusted earnings of roughly $150 million, undershooting Wall Street forecasts of nearly $262 million. The company reported third-quarter ...

  3. US 2025 Recession Odds Plummet: Good News Or Warning Sign? - AOL

    www.aol.com/us-2025-recession-odds-plummet...

    In June 2023, the New York Fed’s model — which calculates recession probabilities based on the yield spread between 10-year Treasury bonds and three-month bills — estimated a 70% chance of a ...

  4. Here are 5 things that will get likely more expensive in 2025 ...

    www.aol.com/finance/5-things-likely-more...

    The price of coffee rose more than 80% in 2024, according to The Wall Street Journal, surpassing a record set in 1977. And with concerns brewing about a weak 2025 harvest in Brazil, prices could ...

  5. Proposed acquisition of U.S. Steel by Nippon Steel - Wikipedia

    en.wikipedia.org/wiki/Proposed_acquisition_of_U...

    U.S. Steel, formed by J. P. Morgan's merger of Carnegie Steel with other steel producers, was once the largest company in the United States. [23] The Pittsburgh-based steelmaker had held the record for the largest initial public offering of any company in history—becoming the first billion-dollar company—and was added to the Dow Jones Industrial Average on its first day of public trading ...

  6. Buyout offers knock on US Steel's door as 'glory days' fade - AOL

    www.aol.com/finance/buyout-offers-knock-us-steel...

    US Steel's annual revenue grew from $12.93 billion in 2019 to $21.06 billion in 2022, when the the price of the underlying commodity reached a record of almost $2000 per ton during the pandemic.

  7. Iron and steel industry in the United States - Wikipedia

    en.wikipedia.org/wiki/Iron_and_steel_industry_in...

    US Steel: Blast furnace and iron production idled December 2019. [5] Automotive finishing lines remain open as of 2024. [9] Granite City Works Granite City, Illinois: US Steel: Resumed operation 2018 [10] Idled indefinitely in 2023. [11] Fairfield Works Fairfield, Alabama: US Steel: Blast furnace closed permanently in August 2015. [12]

  8. 2020s commodities boom - Wikipedia

    en.wikipedia.org/wiki/2020s_commodities_boom

    The 2020s commodities boom refers to the rise of many commodity prices in the early 2020s following the COVID-19 pandemic.The COVID-19 recession initially made commodity prices drop, but lockdowns, supply chain bottlenecks, and dovish monetary policy limited supply and created excess demand causing a commodity super cycle rise.

  9. A new rival bid for US Steel is emerging as the US extends ...

    www.aol.com/us-extends-deadline-nippons-bid...

    The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves ...