Aug 8, 2025 Slovak steel producer US Steel Košice has warned that the EU steel industry is at risk of collapse due to weak demand and cheap imports, forcing the company to operate at just two-thirds of its capacity, according to a report by GMK Center.Michal Pinter, Director of Government and European Affairs, described the situation as critical, stating, “The low prices and high import levels make production uneconomical. This is not sustainable. We are in a state of emergency. If we don’t act now, we risk losing a strategic sector permanently.” His remarks came during a meeting at the…
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Professor Green hints at ‘fast food offering’ as he talks debt, business and how ‘money solves all problems’ Professor Green is best known for his rapping talent, but he’s also an entrepreneur on a mission to help young people get their businesses off the ground. The musician and mental health advocate has embarked on several ventures since rising to fame more than a decade ago, and now he’s rolling out two more in a month.I Used To Rave But Now I Roast is focused on events that combine dining and music, but with the bonus of a reasonable bedtime, and the…
Image source: Getty Images These FTSE 250 shares have risen more than 35% since the start of 2025. And I think they could continue rocketing in value over the short term and possibly beyond. Here’s why. The defence share Chemring Group (LSE:CHG) is up 62% so far this year, driven by rejuvenated defence spending across Europe. This puts it in the Top 10 of FTSE 250 risers over the period but I still see it as worthy of further research. Demand for its countermeasures, sensors and explosives is taking off as geopolitical tensions increase. Orders rose 5% in the six…
Why relying on recycled steel would derail Europe’s drive to decarbonise Source link
Image source: Getty Images Dividends are never, ever guaranteed, and even the most robust of blue-chips can unexpectedly slash dividends when crises emerge. But backed by its cash-rich balance sheet and improving outlook, I’m optimistic Legal & General (LSE:LGEN) could remain one of the FTSE 100‘s best-paying shares over the long term. Here’s why. A proud history Legal & General’s demonstrated excellent commitment to paying large and growing annual dividends over time. Since 2000, it’s only cut shareholder payouts twice. And both of those occured during the height of the 2008 financial crisis. The only other blot on its copybook…
Image source: Getty Images The first rule of income investing is to remember that dividends from stocks are never guaranteed. For this reason, it’s important to build a diversified portfolio that can weather individual shocks and still pay a healthy passive income now and over the long term. Here’s an example of what a well-diversified portfolio might look like: Dividend stockForward dividend yieldGlobal X Nasdaq 100 Covered Call ETF11%Chelverton UK Dividend Trust9.4%iShares World Equity High Income ETF (LSE:WINC)9.7% In total, these investment trusts and exchange-traded funds (ETFs) provide exposure to more than 450 different companies. These span a multitude of…
Why Are Iron Ore Prices Rising When China Is Cutting Steel Production? Iron ore prices have shown remarkable resilience in recent months, with futures climbing 1.6% in Singapore trading following a 2.1% weekly gain as of August 2025. This price strength—with futures trading at $103.60 per ton—comes despite announcements of production cuts in China’s steel sector, creating what many market observers consider a paradoxical situation. This counterintuitive market behavior has left many investors and industry watchers wondering: why would reducing steel production—the primary use for iron ore—actually boost demand for this key steelmaking ingredient? The Surprising Market Response to Production…
By Matt Tracy and Shankar Ramakrishnan (Reuters) -Companies’ U.S. dollar bond issuance will likely carry September to one of the heaviest months for investment-grade supply this year, despite more volatility in Treasury yields as hopes for a bigger Federal Reserve interest rate cut were dimmed by recent data that pointed to still-sticky inflation, said bankers and strategists. September has historically averaged roughly $140 billion of investment-grade bond issuance, according to data from Informa Global Markets. But last year set a record for the busiest September with over $172 billion in new deals, as companies rushed to seize on healthy investor…
Companies linked to artificial intelligence (AI) have become highly coveted stocks to buy. We’re mainly talking about US tech shares like Nvidia, whose semiconductors power advanced AI models, and businesses like Microsoft, Meta, and Alphabet that are integrating AI into their existing operations. Many investors worry that these AI shares now command sky-high valuations. They fear this leaves them at risk of price corrections if the stocks’ momentum slows. But investors don’t need to buy these pricey US stocks to target large returns from the AI boom. Here are two UK shares to consider for the new tech revolution. Riding…
An explosion at a U.S. Steel plant that shook the ground near Pittsburgh left two dead and sent at least 10 to hospitals. An Allegheny County spokesperson says an explosion Source link