Market News Today — AI-Curated Stock & Crypto Headlines

The Trump administration is working to scale back the scope of metals tariffs, which could potentially ease trade tensions with the European Union.

Chinese coking coal futures are expected to see their biggest weekly gain since August, driven by a sentiment-driven rally that also lifted iron ore and steel prices.

The discovery of illegal immigrant workers at Stegra AB's green steel plant in Sweden raises concerns about the company's operational integrity and compliance with labor laws.

Iron ore prices have declined for six consecutive days, marking the longest losing streak since August, primarily due to the seasonal slowdown in China's steel industry and diminishing optimism regarding the US-China trade truce.

Iron ore prices have declined due to indications of seasonal weakness in the steel market, coupled with anticipation surrounding an upcoming economic policy meeting in China.

Bank of America raised its price target on Steel Dynamics (STLD) to $185 from $155 while maintaining a Buy rating, contributing to the company's gain.

Algoma Steel plans to cut 40% of its workforce and close a blast furnace due to US tariffs, aiming to reduce losses.

ADNOC Gas has signed a $4 billion deal with EMSTEEL to supply natural gas for 20 years, boosting their long-standing partnership and commitment to sustainability.

China's steel production in October has reached its lowest level since 2021 due to declining domestic demand and increased output cuts by mills.

Cleveland-Cliffs stock surges on strong steel demand and pricing, indicating a positive earnings outlook.

Iron ore prices decline for the second day due to worsening profit margins at Chinese steel mills and escalating US-Iran tensions, which cloud the demand outlook.

Top manganese producers in South Africa are planning to bid for a new export terminal at the port of Ngqura, which could boost manganese exports and potentially benefit the steel industry.