Rising prices helped steel maker Cleveland-Cliffs report much better-than-expected first-quarter sales and earnings. Prices for Cliffs steel rose even as spot prices for steel dropped in the first qua...
Tag: Steel Markets
U.S. Steel’s Earnings Fell Short. That Isn’t the Real Problem.
Text size The price of steel coils is dropping. Ina Fassbender/AFP via Getty Images United States Steel stock is doing nothing after a bad earnings miss. Investors just don’t appear to care about prof...