industrial news
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Steel
Sanctions Unplugged Russian Steel Giant Severstal From Western Economy
When the oligarch owner of Severstal PAO was sanctioned by the European Union last month, the move immediately froze the…
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Steel
Maanshan Iron & Steel 2021 Net CNY5.33B Vs. Net CNY1.98B >0323.HK
By P.R. Venkat Maanshan Iron & Steel Co.’s net profit rose nearly three-fold in 2021, mainly due to higher steel…
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Steel
U.S. Steel Slumps on Weak Forecast. But Seasonal Demand Expected to Accelerate.
Text size A sign outside the U.S. Steel Granite City Works facility in Granite City, Illinois. Photograph by Luke Sharrett/Bloomberg…
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Gold
Barrick Gold Corp. stock rises Thursday, still underperforms market
Shares of Barrick Gold Corp. ABX, +1.40% advanced 1.40% to C$30.40 Thursday, in what proved to be an all-around favorable…
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Gold
Barrick Gold Corp. stock falls Wednesday, underperforms market
Shares of Barrick Gold Corp. ABX, -1.28% shed 1.28% to C$29.98 Wednesday, in what proved to be an otherwise all-around…
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Gold
AMC Uses Its Meme Stock Money to Buy a Gold Mine. It’s ‘Bizarre,’ Says Analyst.
AMC Entertainment just struck gold. Literally. The movie theater company announced it has bought a 22% stake in Hycroft Mining…
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Coffee
Brazil Coffee Exports Fell 13.6% in February, Cecafe Says
By Jeffrey T. Lewis SÃO PAULO–Brazilian coffee exports fell in February as logistics bottlenecks continued to slow shipments abroad, according…
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Steel
Russian steel, chemicals could face higher U.S. tariffs as Biden to call for revoking trade relations
President Joe Biden is expected on Friday to announce that the U.S. and its international partners will move to revoke…
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Gold
Endeavour Mining Sells Gold Mine in Burkina Faso
By Jaime Llinares Taboada Endeavour Mining PLC said Friday that it has sold its 90% stake in the Karma mine…
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Gold
Wheaton Precious Metals Sees Higher Gold, Lower Silver Output in 2022 — Commodity Comment
By Mary de Wet Wheaton Precious Metals Corp. is predicting it will produce more gold and slightly less silver this…
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