Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
PITTSBURGH, May 15, 2024--United States Steel Corporation (NYSE: X) ("U. S. Steel") today issued its 3rd Diversity, Equity, and Inclusion (DE&I) Report, providing a holistic update on the company’s progress, highlighting DE&I milestones reached over the past year, and sharing plans for pushing further to foster an inclusive culture and promote diversity.
Nippon Steel's deal to buy U.S. Steel has "zero chance" of winning government approval amid continued opposition from the United Steel Workers union and "needs to be unraveled," the CEO of rival suitor Cleveland-Cliffs said on Tuesday. Lourenco Goncalves told reporters at the American Iron and Steel Institute's annual meeting that his bid had the full support of the U.S. government, President Joe Biden, a Democrat who wants U.S. Steel to remain American owned, and Republican presidential candid...
President Joe Biden remains determined to make sure U.S. Steel Corp remains in American hands, the White House said on Thursday. "The president remains determined to make sure that U.S. Steel stays in American hands, as he has said," said spokesperson John Kirby. Three Republican senators wrote to the Democratic president earlier on Thursday, calling on him to use emergency powers to block the sale of the Pittsburgh-based company to Japan's Nippon Steel.
Union talks around Nippon's $14.9 billion deal for US Steel could calm once the November vote has removed the USW's political leverage, a top exec said.
Japan's top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy U.S. Steel, which it expects to boost output and profits, the company said on Thursday, despite resistance to the transaction in the U.S. In December, Nippon Steel offered nearly $15 billion to take over iconic U.S. Steel, drawing resistance from both President Joe Biden and Donald Trump, his likely challenger in the Nov. 5 election, as well as the United Steelworkers (USW) union. "U.S. Steel produ...
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Steel producers Nucor and Cliffs introduce weekly and monthly HRC pricing, aiming for market transparency and potential influence on indexes.
United States Steel's Transformation Likely to Boost Valuation, Morgan Stanley Says in Upgrade
The approval by the European Commission was expected to be a formality but in the U.S., the deal is facing resistance from several lawmakers worried about national security and U.S. Steel's union, which is concerned about job losses. While U.S. President Joe Biden has said Pennsylvania-based U.S. Steel should remain domestically owned, Republican front runner for the presidential race, Donald Trump said he would block the deal if elected.
U.S. Steel's (X) first-quarter earnings and revenues miss estimates on lower shipments.