South Korean steel pipe makers rally on Alaska project hopes
ReutersMar 5, 2025 4:50 AM
Shares of South Korean steel pipe manufacturers rally as country expresses interest in a gas pipeline project in Alaska
Nexteel 092790.KS rises as much as 27% to a record high, Husteel 005010.KS jumps 24% to highest since July 13, 2023, and Seah Steel 306200.KS hits highest since September 1, 2022 with 8% gain
Korea Gas Corporation 036460.KS soars 19% to highest since December 2, 2024
South Korea and other countries want to partner with the United States and invest "trillions of dollars" in a "gigantic" natural gas pipeline in Alaska, U.S. President Donald Trump says
South Korea says it will actively engage in discussions
The broader KOSPI .KS11 rises 1.1%
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
What is Tron (TRX)? Will it reach $1 in the future? Is TRX still a worthwhile investment?
TRX, a utility public blockchain token focused on payments, has established a strong market position in stablecoin transfers. It currently facilitates nearly $80 billion in USDT circulation, becoming the preferred network for cross-border and micro-payments due to its near-zero fees and high-speed tTradingKey
Fri, Nov 28
Google Strikes Back: With Gemini 3 Dominating the Charts, Is Nvidia Still the Only Winner?
Gemini 3 Pro performance and TPU's cost advantage shatter the 'Google is doomed' narrative. This analysis details Google's full vertical integration, its resistance to the Nvidia Tax, and YouTube’s strategic data moat. Is GOOGL poised to dominate the AI endgame?TradingKey
Thu, Nov 27
Google’s TPU-Powered ‘Google Chain’ Leads Market Trends
TradingKey - As concerns about an overheated AI trade weigh on markets, NVIDIA has become one of its biggest casualties.TradingKey
Wed, Nov 26
U.S. September PCE: Likely to Fall Short of Expectations, Bullish for US Stocks
TradingKey - Currently, the market widely anticipates that the core PCE year-on-year growth rate for September will stand at 2.9%, and we expect the upcoming data to be slightly below this consensus forecast.TradingKey
Tue, Nov 25
Strategy (MSTR): Why This Bitcoin Proxy Is Decoupling From BTC — And Is It Still a Buy?
TradingKey - Strategy stock is in a sustained decline and remains entrenched in a downward channel, as Bitcoin continues to fall and briefly dipped below $100,000 on November 4, leading to a sharp decline in Bitcoin-related stocks. We believe Strategy’s slump has not yet abated.TradingKey
Thu, Nov 6
