Shares of metals companies are trading higher on renewed economic optimism following US Senate passage of a debt limit bill and strong US jobs data. Additionally, China is reportedly working on measures to support its property market, which could support demand.

6/2/23 12:02:35 PM ET

$AA

$BHP

$CLF

$FCX

Aluminum

Industrials

Coal Mining

Energy

Get the next $AA alert in real time by email

Shares of metals companies are trading higher on renewed economic optimism following US Senate passage of a debt limit bill and strong US jobs data. Additionally, China is reportedly working on measures to support its property market, which could support demand.

Get the next $AA alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$AA
$BHP
$CLF
$FCX

Company	Date	Price Target	Rating	Analyst
Alcoa Corporation $AA	10/23/2024	$48.00	Hold → Buy	Argus
Alcoa Corporation $AA	10/17/2024	$41.00 → $50.00	Neutral → Buy	B. Riley Securities
Arcelor Mittal NY Registry Shares NEW $MT	10/11/2024		Overweight → Neutral	JP Morgan
VALE S.A. $VALE	10/9/2024		Peer Perform → Underperform	Wolfe Research
BHP Group Limited $BHP	10/4/2024	$72.00 → $68.00	Buy → Hold	Jefferies
Rio Tinto Plc $RIO	10/2/2024		Hold → Buy	Berenberg
Steel Dynamics Inc. $STLD	10/1/2024	$140.00 → $155.00	Neutral → Buy	BofA Securities
Alcoa Corporation $AA	10/1/2024	$43.00 → $52.00	Neutral → Buy	BofA Securities

More analyst ratings

$AA
$BHP
$CLF
$FCX
Market Insights

Live Market Insights

Reliance Expects Q3 Adj EPS of $3.60-$3.80 Vs $4.51 Est
Reliance anticipates underlying demand will remain relatively stable across the majority of the end markets it serves in the third quarter of 2024 subject to shipment levels to be impacted by normal seasonal patterns, which include a decline in shipping volumes due to planned customer shutdowns and vacation schedules. As a result, the Company estimates its tons sold will be down 2.5% to 4.5% in the third quarter of 2024 compared to the second quarter of 2024 and up 4.5% to 6.5% from the third quarter of 2023. Reliance expects its average selling price per ton sold for the third quarter of 2024 to be down 2% to 4% compared to the second quarter of 2024, primarily driven by lower prices for ca
7/25/24 6:54:12 AM ET
$RS
Metal Fabrications
Industrials
Reliance Q2 2024 Adj EPS $4.65 Misses $4.73 Estimate, Sales $3.643B Miss $3.650B Estimate
Reliance (NYSE:RS) reported quarterly earnings of $4.65 per share which missed the analyst consensus estimate of $4.73 by 1.69 percent. The company reported quarterly sales of $3.643 billion which missed the analyst consensus estimate of $3.650 billion by 0.18 percent. This is a 6.10 percent decrease over sales of $3.880 billion the same period last year.
7/25/24 6:52:11 AM ET
$RS
Metal Fabrications
Industrials
A Glimpse Into The Expert Outlook On Freeport-McMoRan Through 6 Analysts
6 analysts have shared their evaluations of Freeport-McMoRan (NYSE:FCX) during the recent three months, expressing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 4 2 0 0 Last 30D 0 2 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 2 0 0 0 3M Ago 0 0 1 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $57.83, with a high estimate of $62.00 and a low estimate of $53.00. Surpassing the previo
7/24/24 4:00:44 PM ET
$FCX
Metal Mining
Basic Materials

Reliance, Inc. Announces Appointment of James K. Kamsickas to Board of Directors and Douglas W. Stotlar as Chairman of the Board
SCOTTSDALE, Ariz., Oct. 02, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) today announced the appointment of James K. Kamsickas, 57, to serve as an independent director. Mr. Kamsickas' term took effect on October 1, 2024 and will expire at the Company's 2025 Annual Meeting of Stockholders. Following the appointment of Mr. Kamsickas, Reliance's Board will be comprised of nine members, eight of whom are independent. "We are very excited to welcome Jim to Reliance's Board of Directors and look forward to his contributions as we continue to execute Reliance's strategy and generate industry-leading results," said Mark Kaminski, Chairman of Reliance's Board of Directors. "Jim's strategic le
10/2/24 6:50:00 AM ET
$DAN
$RS
Auto Parts:O.E.M.
Consumer Discretionary
Metal Fabrications
Industrials
U. S. Steel Earns World's First Ever Certification for ResponsibleSteel™ Certified Steel at its Big River Steel Operation
U. S. Steel's Big River Steel, located in Osceola, Arkansas, passed a rigorous set of standards in environmental, social, and governance categories that raise the bar for sustainability across the steel supply chain. United States Steel Corporation (NYSE:X) ("U. S. Steel") today announced it is the first steel company in the world to qualify to sell its products as ResponsibleSteel Certified Steel at its Big River facility in Osceola, Arkansas. Big River received the first ResponsibleSteel Site Certification in North America in 2022 and is once again at the forefront of innovation by achieving certification for sustainably sourced and manufactured steel. This press release features multime
9/24/24 9:00:00 AM ET
$X
Steel/Iron Ore
Industrials
BHP Xplor Launches Search for Innovators in Critical Minerals Exploration
TORONTO, Sept. 03, 2024 (GLOBE NEWSWIRE) -- BHP Xplor, the six-month accelerator program aimed at revolutionizing critical mineral exploration, has officially opened applications for the 2025 cohort. Following the success of the 2023 and 2024 cohorts, BHP Xplor is excited to invite early-stage explorers to join its next chapter. Once again, the program is seeking visionary teams focused on uncovering new sources of critical minerals crucial for a sustainable future. The BHP Xplor program is designed to accelerate participants' exploration opportunities while fostering long-term relationships with BHP. Participants will benefit from up to $500K equity-free funding, expert mentorship, and
9/3/24 12:58:31 AM ET
$BHP
Coal Mining
Energy

$AA
$BHP
$CLF
$FCX
Press Releases

Fastest customizable press release news feed in the world

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results
Luxembourg, November 7, 2024 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed to implement. LTIF2 rate of 0.88x in 3Q 2024 and 0.68x in 9M 2024 Structurally higher margins and resilient operating results: Despite the challenging market environment, the Company c
11/7/24 1:00:00 AM ET
$MT
Steel/Iron Ore
Industrials
Reliance, Inc. Announces Participation at the Baird 2024 Global Industrial Conference
SCOTTSDALE, Ariz., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Reliance, Inc. (NYSE:RS) announced today that Karla Lewis, President and Chief Executive Officer, Arthur Ajemyan, Senior Vice President and Chief Financial Officer, and Stephen Koch, Executive Vice President and Chief Operating Officer, will participate in the Baird 2024 Global Industrial Conference on Wednesday, November 13, 2024 in Chicago, Illinois. Reliance is scheduled to present on Wednesday, November 13th at 4:40 p.m. CT. The presentation will be webcast live over the Internet, hosted on the Investors section of the Company's website at investor.reliance.com. In addition to the live webcast, a replay will be available on the Comp
11/6/24 6:50:00 AM ET
$RS
Metal Fabrications
Industrials
Cleveland-Cliffs Reports Third-Quarter 2024 Results
Cleveland-Cliffs Inc. (NYSE:CLF) today reported third-quarter results for the period ended September 30, 2024. Third-Quarter 2024 Highlights Revenues of $4.6 billion Steel shipments of 3.8 million net tons GAAP net loss of $230 million and adjusted net loss1 of $156 million Adjusted EBITDA2 of $124 million Does not include Stelco's third-quarter adjusted EBITDA3 of US$64 million and adjusted EBITDA3 margin of 13% Liquidity of $3.8 billion as of September 30, 2024 Third-quarter 2024 revenues were $4.6 billion, compared to $5.1 billion in the second quarter of 2024. For the third quarter of 2024, the Company recorded a GAAP net loss of $0.52 per diluted share to Cliffs sharehol
11/4/24 4:05:00 PM ET
$CLF
Metal Mining
Basic Materials

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results
Luxembourg, November 7, 2024 - ArcelorMittal (referred to as "ArcelorMittal" or the "Company" or the "Group") (MT (New York, Amsterdam, Paris, Luxembourg), MTS (Madrid)), the world's leading integrated steel and mining company, today announced results1 for the three-month and nine-month periods ended September 30, 2024. 3Q 2024 key highlights: Safety focus: The Company-wide audit of safety by dss+ is now complete. It has provided the Group with a clear set of 6 recommendations which the Company is committed to implement. LTIF2 rate of 0.88x in 3Q 2024 and 0.68x in 9M 2024 Structurally higher margins and resilient operating results: Despite the challenging market environment, the Company c
11/7/24 1:00:00 AM ET
$MT
Steel/Iron Ore
Industrials
Cleveland-Cliffs Reports Third-Quarter 2024 Results
Cleveland-Cliffs Inc. (NYSE:CLF) today reported third-quarter results for the period ended September 30, 2024. Third-Quarter 2024 Highlights Revenues of $4.6 billion Steel shipments of 3.8 million net tons GAAP net loss of $230 million and adjusted net loss1 of $156 million Adjusted EBITDA2 of $124 million Does not include Stelco's third-quarter adjusted EBITDA3 of US$64 million and adjusted EBITDA3 margin of 13% Liquidity of $3.8 billion as of September 30, 2024 Third-quarter 2024 revenues were $4.6 billion, compared to $5.1 billion in the second quarter of 2024. For the third quarter of 2024, the Company recorded a GAAP net loss of $0.52 per diluted share to Cliffs sharehol
11/4/24 4:05:00 PM ET
$CLF
Metal Mining
Basic Materials
United States Steel Corporation Declares Dividend
United States Steel Corporation (NYSE:X) ("U. S. Steel") announced today that its Board of Directors declared a dividend of $0.05 per share of U. S. Steel Common Stock. The dividend is payable on Wednesday, December 11, 2024, to stockholders of record at the close of business on Monday, November 11, 2024. Founded in 1901, United States Steel Corporation is a leading steel producer. With an unwavering focus on safety, the Company's customer-centric Best for All® strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging indus
10/31/24 4:25:00 PM ET
$X
Steel/Iron Ore
Industrials

Shares of metals companies are trading higher on renewed economic optimism following US Senate passage of a debt limit bill and strong US jobs data. Additionally, China is reportedly working on measures to support its property market, which could support demand.

Chat with this insight

Recent Analyst Ratings for $AA$BHP$CLF$FCX

$AA$BHP$CLF$FCX Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Alcoa upgraded by Argus with a new price target

Alcoa upgraded by B. Riley Securities with a new price target

ArcelorMittal downgraded by JP Morgan

$AA$BHP$CLF$FCX SEC Filings

SEC Form 6-K filed by Arcelor Mittal NY Registry Shares NEW

Steel Dynamics Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

SEC Form 6-K filed by BHP Group Limited

$AA$BHP$CLF$FCX Market Insights

Live Market Insights

Reliance Expects Q3 Adj EPS of $3.60-$3.80 Vs $4.51 Est

Reliance Q2 2024 Adj EPS $4.65 Misses $4.73 Estimate, Sales $3.643B Miss $3.650B Estimate

A Glimpse Into The Expert Outlook On Freeport-McMoRan Through 6 Analysts

$AA$BHP$CLF$FCX Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13G/A filed by Cleveland-Cliffs Inc. (Amendment)

SEC Form SC 13G filed by Schnitzer Steel Industries Inc.

SEC Form SC 13G/A filed by Steel Dynamics Inc. (Amendment)

$AA$BHP$CLF$FCX Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

$AA$BHP$CLF$FCX Leadership Updates

Live Leadership Updates

Director Baldwin John T bought $116,240 worth of shares (8,000 units at $14.53), increasing direct ownership by 7% to 129,227 units (SEC Form 4)

Director Michael Ralph S Iii bought $294,800 worth of shares (20,000 units at $14.74), increasing direct ownership by 11% to 199,519 units (SEC Form 4)

Director Baldwin John T bought $110,272 worth of shares (7,500 units at $14.70), increasing direct ownership by 7% to 121,227 units (SEC Form 4)

Reliance, Inc. Announces Appointment of James K. Kamsickas to Board of Directors and Douglas W. Stotlar as Chairman of the Board

U. S. Steel Earns World's First Ever Certification for ResponsibleSteel™ Certified Steel at its Big River Steel Operation

BHP Xplor Launches Search for Innovators in Critical Minerals Exploration

$AA$BHP$CLF$FCX FDA approvals

Live FDA approvals issued by the Food and Drug Administration and FDA breaking news

September 24, 2024 - FDA Roundup: September 24, 2024

$AA$BHP$CLF$FCX Press Releases

Fastest customizable press release news feed in the world

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results

Reliance, Inc. Announces Participation at the Baird 2024 Global Industrial Conference

Cleveland-Cliffs Reports Third-Quarter 2024 Results

$AA$BHP$CLF$FCX Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

$AA$BHP$CLF$FCX Financials

Live finance-specific insights

SVP, CFO Ajemyan Arthur sold $2,014,723 worth of shares (6,332 units at $318.18), decreasing direct ownership by 41% to 9,245 units (SEC Form 4)

SVP, General Counsel, Corp Sec Smith William A Ii sold $2,091,115 worth of shares (6,500 units at $321.71), decreasing direct ownership by 28% to 16,849 units (SEC Form 4)

Chair, President and CEO Topalian Leon J gifted 9,000 shares and sold $1,860,240 worth of shares (11,000 units at $169.11), decreasing direct ownership by 11% to 163,136 units (SEC Form 4)

ArcelorMittal S.A.: ArcelorMittal reports third quarter 2024 results

Cleveland-Cliffs Reports Third-Quarter 2024 Results

United States Steel Corporation Declares Dividend

Recent Analyst Ratings for
$AA
$BHP
$CLF
$FCX

$AA
$BHP
$CLF
$FCX
Analyst Ratings

$AA
$BHP
$CLF
$FCX
SEC Filings

$AA
$BHP
$CLF
$FCX
Market Insights

$AA
$BHP
$CLF
$FCX
Large Ownership Changes

$AA
$BHP
$CLF
$FCX
Insider Purchases

$AA
$BHP
$CLF
$FCX
Leadership Updates

$AA
$BHP
$CLF
$FCX
FDA approvals

$AA
$BHP
$CLF
$FCX
Press Releases

$AA
$BHP
$CLF
$FCX
Insider Trading

$AA
$BHP
$CLF
$FCX
Financials