'US Steel Prices Climb to Four-Year High as Trump’s Tariffs Bite' - Bloomberg
https://www.bloomberg.com/news/articles/2026-10-16/us-steel-prices-climb-to-four-year-high-as-trump-s-tariffs-bite
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Silex Systems Says US Regulator Issues Environmental Impact Statement for Planned Laser Enrichment Facility
The US Nuclear Regulatory Commission has issued an Environmental Impact Statement (EIS) regarding the proposed laser uranium enrichment facility being developed by Global Laser Enrichment (GLE), a joint venture involving Silex Systems.
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Shares of steel-related companies are trading lower after the Trump administration released details for a $15 billion steelmaking complex in Iowa that's slated to produce 7.5 million tons per year from 2030, with possible expansion of up to 10 million tons annually. Investors may be concerned about overcapacity in U.S. steel production.