Algoma Steel Group (NASDAQ:ASTL) reported positive adjusted EBITDA in its second quarter of 2026 as the company continued its transition to electric arc furnace, or EAF, steelmaking, though lower shipment volumes and planned operational work remain headwinds heading into the third quarter.
Chief Ex
Algoma Steel Group (NASDAQ:ASTL) said its fiscal first quarter of 2026 marked a major operational transition as the company permanently halted blast furnace operations and continued ramping up its new electric arc furnace platform, while navigating lower shipments, elevated transition costs and U.S.
MMCAP International increased its stake in NexGen Energy during the fourth quarter, deepening exposure to the company’s Rook I uranium project in Canada. As governments extend reactor lifespans and reconsider nuclear expansion, attention is turning to future uranium supply and how quickly projects like Rook I can begin production.
On March 3, 2025, the relative calm of the North American trade landscape was shattered by a midday announcement from the Roosevelt Room. President Donald Trump, citing a national emergency under the International Emergency Economic Powers Act (IEEPA), declared the immediate implementation of sweeping tariffs on goods imported from Canada
CLEVELAND, OH – Shares of Cleveland-Cliffs (NYSE:CLF) surged more than 4% on January 9, 2026, as investors reacted to a confluence of bullish catalysts, including a major analyst upgrade and the formalization of a landmark international partnership. The stock’s rally, which briefly touched 5.2% in mid-day trading, marks
Shares of Coherus BioSciences, Inc. (NASDAQ: CHRS) shares rose sharply in today’s pre-market trading after the company announced an agreement to divest ophthalmology franchise to Sandoz in $170 million upfront all cash deal.
