A radical plan to halt “virgin steelmaking” in the UK is being considered in a move that threatens the loss of 2,000 jobs at British Steel’s works in Scunthorpe. Government officials are weighing a proposal to switch off Britain’s last two…
Browsing: Commodities
Trump has unleashed a barrage of sanctions on Russia’s oil behemoths, Rosneft and Lukoil, sending shockwaves through global energy markets and forcing America’s key Asian trading partners—China and India—to rethink their cozy deals with Vladimir Putin’s war machine. The move,…
President Donald Trump announced on Friday that the United States will slap an additional 100% tariff on all Chinese imports starting November 1, on top of existing duties, while imposing sweeping export controls on “any and all critical software.” The…
In the heart of the Midwest, where golden fields stretch toward the horizon under a crisp autumn sky, the hum of combines should signal prosperity. Instead, for America’s soybean farmers, harvest season has become a grim countdown to financial ruin.…
In a blow to U.S. industrial self-sufficiency and national security, U.S. Magnesium LLC, the nation’s sole primary producer of magnesium metal, filed for Chapter 11 bankruptcy protection on September 10, 2025. The filing, lodged in the U.S. Bankruptcy Court for…
Stock Widget USA Rare Earth USAR +23.20% ▲, a key player in the domestic rare earths and magnet production industry, is riding a wave of investor enthusiasm following a flurry of positive developments. The company reported its second-quarter 2025 financial…
Oaktree Capital Management, the Los Angeles-based investment firm known for distressed-debt turnarounds, is in advanced talks to take control of Superior Industries International Inc., the aluminum wheel manufacturer battered by U.S. and international auto parts tariffs, according to people familiar…
