Tag Archives: Commodity / Financial Market News

US Steel will buy the rest of the new, low-cost steel mill

United States Steel Corp. Big has agreed to acquire the remaining .10.1% stake in Big River Steel LLC for 74 million, giving the steelmaker ownership of one of the country’s newest, most advanced steel mills. Osola, Arch of the Big River. Owned by Mills, US Steel rivals Newcore Corp., one …

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Stokes pulls back after Tuesday’s record of the S&P 500

American stocks tumbled on Wednesday, pulling back from Tuesday’s record highs, rising cases of coronavirus and a slowdown in private sector job creation weighed on investor sentiment. The S&P 500 fell 0.3% a day after the benchmark hit its 27th closing record of the year. The Nasdaq Composite also fell …

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