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American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
These prices are more an indication than an actual exchange price. Unlike the prices on an exchange, pricing providers tend to give a weekly or bi-weekly price. For each commodity they quote a range (low and high price) which reflect the buying and selling about 9-fold due to China's transition from light to heavy industry and its focus on ...
Supported by resurgent cyclical stocks, the VanEck Vectors Steel ETF (SLX) is higher by more than 38% year-to-date. That’s impressive work in less than six month’s time, but it could prove to ...
LME Clear is the clearing house for the London Metal Exchange. Launched in 2014 it was designed and built in consultation with the market to provide cost-efficient, EMIR compliant clearing and settlement services, using cutting-edge technology. LME Clear has announced the appointment of David Warren as Chairman effective July 20, 2023.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
Monday’s all-cash offer represents a 40% premium on the closing price for US Steel shares from Friday. Shares of US Steel jumped 27% in morning trading. Shares of Nippon were down 1% in trading ...
Share of the United States Steel Corporation, issued December 30, 1924. J.P. Morgan created U.S. Steel in 1901 [15] [16] by merging Carnegie Steel, Federal Steel, and National Steel for $492 million (equivalent to $18 billion today). [17] [18] At one time, U.S. Steel was the largest steel producer and largest corporation in the world.
(The Center Square) – President Joe Biden blocked a $14.9 billion buyout of Pittsburgh-based U.S. Steel on Friday. The move, albeit not surprising after a year of negotiations that left the ...