Spot electricity prices in the day-ahead market at the Indian Energy Exchange (IEX) fell by 8%.

AISI: US Steel Shipments Unchanged In 2023.

AISI: US Raw Steel Production in the week ending on February 10, 2024.

Full-year 2023 net earnings was $895 million, or $3.56 per diluted share, and adjusted net earnings was $1,195 million, or $4.73 per diluted share.

He wouldn’t say if he’d make another offer for US Steel if the Nippon deal collapsed.

“My understanding is steel consumers, steel customers are much happier with Nippon as the buyer,” Wolfe Research analyst Timna Tanners said at the Tampa Steel Conference.

Nucor shares have added about 0.6% since the beginning of the year versus the S&P 500's gain of 2.5%.

Nippon Steel declined to comment on the possible issuance of bonds and new shares.