SLX

Nucor's Q2 Earnings Beat Expectations, But Analyst Warns of Weaker Q3 Due to Lower Steel Prices

Nucor Corporation reported better-than-expected second-quarter financial results yesterday. The company reported quarterly earnings of $2.68 per share. Nucor anticipates a decline in third-quarter 2024 earnings due to lower average selling prices in steel mills segment.

What's Going On With Cleveland-Cliffs Shares Today?

Cleveland-Cliffs Inc. Reported revenue of $5.09 billion for the second quarter. The company reported breakeven adjusted earnings of 2 cents per share. Cleveland-cliffs entered into an agreement to acquire Stelco Holdings Inc. For $2.5 billion.

Cocoa grinding data indicates resilient demand in Q2, defying expectations, BMI says

China's Third Plenum Provides Little Support To Metals

Weekly Report: what happened at SLX last week (0715-0719)?

Why Rio Tinto Shares Are Diving Today?

Rio Tinto reported production of 79.5 million tonnes, down 2% Y/Y. The company attributed the decrease to a mid-May train collision. Bauxite production increased to 14.7 million tonnes. Rio Tinto shares are trading lower after the company disclosed second-quarter results.

Australia's Ngarluma Country Shines Bright: Solar Project Aims to Slash Rio Tinto's CO2 Footprint

Rio Tinto Group and Ngarluma Aboriginal Corporation have agreed to jointly develop an 80MW solar farm in Western Australia. The project aims to supply renewable energy to Rio Tinto's iron ore operations in the Pilbara region. The solar farm could displace up to 11% of natural gas used for generation.

Weekly Report: what happened at SLX last week (0708-0712)?