VanEck Steel ETF

ArcelorMittal sells 10% stake in Vallourec to raise $667M for buyback

FactSet Survey: 17 Analysts Lower POSCO Holdings' 2026 EPS Median Estimate to $4.02

EU advances steel safeguard renewal talks with partners including Switzerland

Northern Mutual Wealth Management Increases Stake in Reliance Inc. by 4,419.6% in Q4

Vale Discloses 2025 Operational and Financial Outlook

Nucor Shares Reach New High and Announce Share Repurchase Program

Anson Resources and POSCO Approve Agreement for Direct Lithium Extraction Demonstration Plant in Green River Project

Vale Plans to Increase Iron Ore and Copper Output by 2026 and 2035

Vale Reports Strong Q1 Earnings With Base Metals EBITDA Doubling

ArcelorMittal Raises Q1 2026 Strategic Project EBITDA Projections

Rio Tinto Evaluates Economic Potential of Los Azules Copper Mine in Argentina and Considers Equity Increase

Brazil's Iron Ore Export in April 2023 Increased by 15% YoY

Nucor's Executive VP Bradley Ford Sold 2,240 Shares of Company Stock

Nucor EVP Allen C. Behr Sells Company Stocks

Zacks Research Upgrades Reliance's EPS Estimate

Reliance to shut units for 3-4 weeks of maintenance

Nucor EVP Noah C. Hanners Sells Shares

ArcelorMittal's Annual and Extraordinary General Meeting Approves Several Resolutions

FIFA Faces Broadcast Rights Negotiation Crisis for Upcoming World Cup

FactSet: Nue 2026 EPS Forecast Median Raised to $14.36

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

InMed Pharmaceuticals

Amesite

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

CN Energy

MetaVia

Generation Income Properties

Co-Diagnostics

SCCO

600362

PICK

Chile, the top copper supplier, has cut its production forecasts for this year and next, worsening global copper supply issues and pushing prices near record highs. This adjustment highlights the challenges in the copper industry due to rising demand and supply constraints.

CoinLive

ERO Copper

BHP Group Plc

Southern Copper

Rio Tinto Limited

JCCL

Teck Resources B

Rio Tinto

BCI Minerals Ltd

Hudbay Minerals

Rio Tinto plc

Antofagasta plc

 BHP Group Ltd

Freeport Mcmoran

Invesco DB Commodity Index Tracking Fund

Invesco DB TR Base Metals ETF

Harbor Commodity All Weather Strategy ETF

SPDR S&P Mtls & Mng

Invesco Optimum Yield Div Comm Strategy K-1

ISHRS MSCI Glb Slct Met & Mining

Global X Copper Miners

United States Copper Index

iShares Copper and Metals Mining ETF

Sprott Junior Copper Miners ETF

Abrdn BBG All Commodity Strategy K-1 Free ETF

ISHRS S&P Gsci Cmdty

Sprott Copper Miners ETF

Copper Supply Concerns Rise as Chile Cuts Production Forecasts

Find insight on Rio Tinto, Salzgitter, Kuala Lumpur Kepong and more in the latest Market Talks covering Basic Materials.

Salzgitter AG

Rio Tinto Group

Basic materials roundup: Market talk

601702

601677

600219

CENX

02600

Citigroup analysts predict aluminum prices could reach $4,000 a ton within three months due to significant supply shocks, with the LME aluminum cash bid price recently hitting $3,635. The Middle East disruptions and reduced operations at smelters have tightened supply, while demand remains high, particularly from China. Analysts foresee a 2.7-million ton reduction in supply this year, leading to potential inventory drawdowns if consumption exceeds production.

Dow Jones

Huafon Aluminium

Mtalco

Alcoa

NANSHAN ALUMINIUM

Century Aluminum

CHALCO

Citigroup

CITIGROUP INC 6.250 NON CUM SER II PFD WI

Aluminum could hit $4,000 a ton amid most bullish set-up in over 50 years

ArcelorMittal unlocks value through partial sell-down of its shareholding in Vallourec with proceeds allocated to share buybacks | MT Stock News

StockTitan

ArcelorMittal

ArcelorMittal S.A.

ArcelorMittal unlocks value through partial sell-down of its shareholding in Vallourec with proceeds allocated to share buybacks | MT Stock News

Australian stocks fell 1.0% to 8,547, marking their lowest level since early April. The decline follows a slump on Wall Street and rising tensions in the Middle East. Key data releases from China and Australia are anticipated this week. Major decliners included BHP Group (-2.6%) and Goodman Group (-2.7%), while Brambles Ltd. dropped 14.9% after lowering its profit growth target.

Trading Economics

Goodman Group

Brambles Limited

Northern Star Resources Ltd

Brembo

BHP Group Limited

Australian Equities Extend Slide as Week Opens

Nucor Corporation reported Q1 2026 results with revenue of $9.50 billion and EPS of $3.23, driven by higher prices and record shipments. The company is advancing major US projects, including a sheet mill in West Virginia, which may benefit from supportive policies. Management anticipates higher Q2 earnings, but risks include potential delays or cost overruns on new projects. Analysts project $40.7 billion in revenue and $4.2 billion in earnings by 2029, contingent on successful project execution.

Simplywall

Nucor

Did Strong Q1 Results and US Expansion Plans Just Shift Nucor's (NUE) Investment Narrative?

This weekend's newsletter highlights significant market movements, including CBA's record 10.4% drop following disappointing Q3 results, and BHP achieving all-time highs. The ASX 200 is down 1.2% for the year, largely due to miners' performance. Investor sentiment has declined, with bullish sentiment dropping to 29.7%. Bapcor issued another earnings downgrade, reflecting ongoing challenges in the retail sector. The recent federal budget introduced a major tax overhaul, impacting market dynamics.

Market Index

Commonwealth Bank of Australia

Bapcor Ltd

State Street Corp.

CSL Limited

Mineral Resources Limited

Fortescue Metals Group Ltd

Accent Group Ltd

Endeavour Group Ltd

JB Hi-Fi Limited

Super Retail Group Limited

Weekend Wrap: Miners, CBA and Budget Memes

STLD

IFRA

Steel Dynamics' board approved a Q2 cash dividend of $0.53 per share, payable on July 10, 2026. Jim Cramer praised the company, and State Street disclosed a significant ownership stake, highlighting retail and institutional interest. The investment narrative emphasizes reliance on U.S. infrastructure demand and tariff support, with key risks including potential weakening in tariff protection. Analysts project varying revenue and earnings forecasts for 2029, influenced by recent developments. The dividend affirmation and media attention may shift both bullish and bearish perspectives on the stock.

Steel Dynamics

State Street

Spdr Material

SPDR S&P Homebuilders

iShares US Infra

ISHRS S&P Glb Materials

NVIDIA

Microsoft

State Street® US Equity Premium Inc ETF

NVIDIA Corporation

Did Dividend Hike, Cramer Buzz and State Street Stake Just Shift Steel Dynamics' (STLD) Investment Narrative?

Jeff Currie forecasts a new commodity supercycle driven by supply bottlenecks, deglobalization, and infrastructure spending. The Iran conflict disrupts oil flows, increasing prices and inflation risks, while central banks navigate growth and price stability. Investors are shifting portfolios, with record inflows into bond ETFs, focusing on corporate credit amid sustained high yields.

iShares Barclays Short Treasury

SPDR O&G Equip

United States Oil Fund LP

SPDR Intermed Term

Janus Henderson Asset-Backed Secs ETF

Vanguard Long Term Bd

Vanguard Intermediate Term Bd

iShares US Oil & Gas Expl & Prod

iShares Trust iShares 1-5 Year Invest Grade Corp Bond ETF

SPDR O&G Ex & Prd

iShares Barclays MBS Fixed Rate Bd

Vanguard Short Term Bd

VG Energy

Us Brent Oil

iShares US Oil Equip & Svcs

Schwab 5-10 Year Corp Bond ETF

iShares barclays 20+ Yr Treasury Bd

Commodity supercycle call meets rising yields as markets weigh risks

Rio2 Limited reported its Q1 2026 financial results, highlighting initial production from the Fenix Gold Mine and contributions from the Condestable Copper Mine. The company produced 7,849 ounces of gold and 6,403,188 pounds of copper, with income from mine operations of $24.6 million. Despite challenges in ramping up Fenix Gold, management expects production to increase significantly throughout the year. The company ended the quarter with $93.1 million in cash and cash equivalents, reflecting a strong liquidity position.

GlobeNewswire

Rio2 Reports First Quarter 2026 Financial Results and Operations Update

VanEck Steel ETF(SLX.US)

Copper Supply Concerns Rise as Chile Cuts Production Forecasts

Basic materials roundup: Market talk

Aluminum could hit $4,000 a ton amid most bullish set-up in over 50 years

ArcelorMittal unlocks value through partial sell-down of its shareholding in Vallourec with proceeds allocated to share buybacks | MT Stock News

Australian Equities Extend Slide as Week Opens