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Zacks News
Reliance Steel (RS) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Reliance Steel (RS) closed at $209.71, marking a +1.95% move from the previous day.
Commercial Metals (CMC) Earnings and Sales Top Estimates in Q1
by Zacks Equity Research
Commercial Metals' (CMC) first-quarter fiscal 2023 results gain from strong volumes in the North America Segment.
Southern Copper (SCCO) Bets on Cost Cuts and Expansion Plans
by Zacks Equity Research
Southern Copper (SCCO) is poised to grow on expansion projects and the benefits of cost-reduction programs despite inflationary pressures.
Olympic Steel (ZEUS) Acquires Metal-Fab to Diversify Portfolio
by Zacks Equity Research
Olympic Steel (ZEUS) acquires all outstanding shares of Kansas-based Metal-Fab to advance growth.
Reliance Steel (RS) Rides on Strong Demand and Acquisitions
by Zacks Equity Research
Reliance Steel (RS) benefits from the recovery in aerospace and energy and continued strong performance in the semiconductor market.
Piedmont (PLL) Amends Lithium Supply Agreement With Tesla
by Zacks Equity Research
Piedmont (PLL) enters an amended agreement with Tesla to supply lithium at market prices at the time of shipment.
MAG Silver (MAG) Provides Details on Juanicipio Project
by Zacks Equity Research
MAG Silver (MAG) announces that the final testing of the downstream power distribution and control systems at the Juanicipio Project is complete.
Franco-Nevada (FNV) Provides Details Related to Cobre Panama
by Zacks Equity Research
Franco-Nevada (FNV) provides an update on the Cobre Panama situation since the government of Panama asked to pause operations in the mine.
First Majestic (AG) Closes Sale of Royalty Portfolio to Metalla
by Zacks Equity Research
First Majestic (AG) has closed the sale of its eight precious metals royalties to Metalla Royalty & Streaming Ltd and currently owns 8.5% of the latter's shares.
Are Investors Undervaluing Reliance Steel & Aluminum Co. (RS) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
BHP Group (BHP) and OZ Minerals Finalize $6.4B Takeover Deal
by Zacks Equity Research
BHP Group (BHP) announces that OZ Minerals Limited has agreed to its $6.4 billion offer. This deal will boost its exposure to nickel and copper and enable the company to ride the energy transition trend.
BHP Group (BHP) and OZ Minerals Extend Deal Deadline
by Zacks Equity Research
BHP Group (BHP) has made a revised offer to OZ Minerals Limited in a bid to enhance its exposure to copper and nickel and capitalize on their growing demand.
4 Industrial Stocks Likely to Maintain Winning Streak in 2023
by Eshani Haque
Despite a soft demand environment, industrial stocks like Applied Industrial (AIT), O-I Glass (OI), Reliance Steel (RS) and Deere (DE) are likely to gain from easing supply chain disruptions in 2023.
FMC Corp (FMC), Micropep Partner to Develop Bioherbicides
by Zacks Equity Research
FMC Corp (FMC) announces collaboration with Micropep to develop solutions to control destructive herbicide-resistant weeds that reduce crop yields.
Reliance Steel (RS) Up 23% YTD: What's Driving the Stock?
by Zacks Equity Research
Reliance Steel (RS) gains on strong underlying demand in its major markets, strong execution and acquisitions.
Energy Fuels (UUUU) Gets $18.5M Government Uranium Contract
by Zacks Equity Research
Energy Fuels (UUUU) will sell $18.5 million of natural uranium to the U.S. National Nuclear Security Administration, which will help establish a federal reserve of domestically produced material.
Cleveland-Cliffs (CLF) Launches Electrical Steels for EV Market
by Zacks Equity Research
Cleveland-Cliffs (CLF) is launching non-oriented electrical steels for electric vehicles to meet rising demand.
3 Reasons Why Reliance Steel (RS) Is a Great Growth Stock
by Zacks Equity Research
Reliance Steel (RS) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Reliance Steel (RS) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
by Zacks Equity Research
Reliance Steel (RS) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Albemarle (ALB) to Set up Lithium Technology Park in Charlotte
by Zacks Equity Research
Albemarle (ALB) acquires a location in Charlotte, NC, to establish Albemarle Technology Park and quicken the release of the latest lithium products.
ArcelorMittal (MT) Buys Riwald Recycling to Access Scrap Steel
by Zacks Equity Research
ArcelorMittal (MT) acquires a Dutch scrap metal recycling business, Riwald Recycling, to secure access to scrap steel.
Are Industrial Products Stocks Lagging Hudson Technologies (HDSN) This Year?
by Zacks Equity Research
Here is how Hudson Technologies (HDSN) and Reliance Steel (RS) have performed compared to their sector so far this year.
B2Gold (BTG) Reports Drilling Results From Fekola Complex
by Zacks Equity Research
B2Gold (BTG) discloses exploration drilling outcomes from its Fekola Complex in Mali and reaffirms its 2022 total gold production guidance.
Reliance Steel's (RS) Shares Rise 14% in 6 Months: Here's Why
by Zacks Equity Research
Reliance Steel (RS) benefits from healthy demand in many of its end markets, strong operational execution and acquisitions.
Nucor (NUE) Invests in Electra to Strengthen Portfolio
by Zacks Equity Research
Nucor (NUE) invests in Electra, which produces emission-free iron, to strengthen its position as a sustainability leader.