Geopolitics Alpha

Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings

Published . Updated .

Key takeaways

  • Exposed: SLX, NUE, STLD, CLF, ATI
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHANippon Steel raises FY26 profitforecast by 52% on robust US SteelearningsGEOPOLITICS ALPHA

This report is about steel.

Directly affected

  • No company is named in this report.

Indirectly affected

  • SLX VanEck Steel ETF-2.2% 15d

    VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story.

  • NUE Nucor+10.7% 30d

    Nucor (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • STLD Steel Dynamics+5.7% 30d

    Steel Dynamics (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • CLF Cleveland-Cliffs+10.7% 30d

    Cleveland-Cliffs (metal mining): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

  • ATI Ati-5.9% 30d

    Ati (steel pipe and tubes): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SLX+0.29%+0.29%baseafter closeafter closeafter closeafter close
NUE+2.64%+3.58%baseafter closeafter closeafter closeafter close
STLD+5.61%+4.89%baseafter closeafter closeafter closeafter close
CLF+11.35%+11.31%baseafter closeafter closeafter closeafter close
ATI-2.45%-2.66%baseafter closeafter closeafter closeafter close

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings Reuters

Source: Reuters

Price since this story was published: Vaneck Etf Trust (SLX)

CompanyWhenMoveStatus
Ati (ATI)three days earlier-2.66%final price
Ati (ATI)five days earlier-2.45%final price
Cleveland-Cliffs (CLF)three days earlier+11.31%final price
Cleveland-Cliffs (CLF)five days earlier+11.35%final price
Nucor (NUE)three days earlier+3.58%final price
Nucor (NUE)five days earlier+2.64%final price
Vaneck Etf Trust (SLX)three days earlier+0.29%final price
Vaneck Etf Trust (SLX)five days earlier+0.29%final price
Steel Dynamics (STLD)three days earlier+4.89%final price
Steel Dynamics (STLD)five days earlier+5.61%final price

Congressional stock trades in Vaneck Etf Trust (SLX)

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Vaneck Etf Trust (SLX)

Companies carried with this story

  • SLX Vaneck Etf Trust

    In “Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings,” Vaneck Etf Trust (SLX) is linked, with no stored direction, medium confidence. Reason on file: VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story

  • NUE Nucor

    For “Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings,” Nucor (NUE) is linked, with no stored direction, medium confidence. Reason on file: Nucor (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story

  • STLD Steel Dynamics

    In “Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings,” Steel Dynamics (STLD) is linked, with no stored direction, medium confidence. Reason on file: Steel Dynamics (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story

  • CLF Cleveland-Cliffs

    Cleveland-Cliffs (CLF) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings.” Reason on file: Cleveland-Cliffs (metal mining): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story

  • ATI Ati

    For “Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings,” Ati (ATI) is linked, with no stored direction, medium confidence. Reason on file: Ati (steel pipe and tubes): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story

Vaneck Etf Trust (SLX)

Vaneck Etf Trust (SLX) is the company in “Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings,” the 5 Nov 2026 this story story.

For Vaneck Etf Trust (SLX), the reason on file says VanEck Steel ETF: it holds steelmakers. Linked by “steel” (steel) in this story

A second company, Nucor (NUE), is listed for a different reason: Nucor (steel works, blast furnaces and rolling mills (coke ovens)): steel prices and trade rules drive steelmakers' profits. Linked by “steel” (steel) in this story

Dates in the story, and the Vaneck Etf Trust (SLX) price range

NUE traded between 245.45 and 287.55 across 20 sessions. The latest close on file is 273.53. SLX traded between 101.26 and 107.05 across 14 sessions. The latest close on file is 103.58. STLD traded between 231.86 and 259.15 across 20 sessions. The latest close on file is 247.64.

A simple score for Vaneck Etf Trust (SLX)

40 out of 100

“Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.