Shares of steel-related companies are trading higher as investors expect that the U.S. and Canada will fail to reach a trade agreement ahead of Saturday's deadline. The inability to reach an agreement could expose Canada to a 50% tariff on several key exports, which may benefit U.S.-based producers.

Shares of steel and industrial metal-related companies are trading higher. July's Factor Order data could signal growing demand, and the Beige Book noted increased manufacturing activity across most districts.

CORRECTION: United Steelworkers Announces Negotiations To Continue With U.S. Steel, Cleveland Cliffs Steel

https://usw.org/press-release/bargaining-will-continue-past-expiration-with-u-s-steel-and-cleveland-cliffs/

Canada Fires Back At Trump: Up to 50% Tariffs on $20 Billion of US Goods

Canada hit back at Trump with tariffs of up to 50% on $20B of U.S. goods, escalating the trade war ahead of Sept. 8.

Schumer, Pritzker and Others Slam Trump’s Canada Tariffs: ‘Economic Warfare’ Could Raise Costs for Americans

Schumer warned Trump’s Canada tariffs could raise costs for American families and manufacturers, urging Republicans to challenge the trade policy.

Evolution Metals & Technologies Corp. Announces Major 750 Megawatt Power Infrastructure Expansion to Scale Magnet Production to Approximately 10,000 Metric Tons Annually

Evolution Metals & Technologies Corp. (EMAT) announced a major expansion of electrical infrastructure at its Pohang, South Korea operations, increasing power capacity from 130 MW to 750 MW to support scaling rare earth magnet production from 1,000 to 10,000 metric tons annually by end 2026. The expansion includes facility expansion from 24,000 to 482,000 square feet, land acquisition, and a conditional $20.7 million Korean government grant.

8-K filing — Evolution Metals & Technologies Corp. (EMAT)

Filed: 2026-08-27 AccNo: 0001213900-26-094170 Size: 233 KB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits