Five Key Charts to Watch in Global Commodities This Week
The outcome of Nippon Steel Corp.’s offer to buy United States Steel Corp. soon will be determined.
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Nippon Steel Corp.’s blockbuster takeover bid for an iconic American steelmaker is in jeopardy, with President Joe Biden armed with reasons to kill the deal in the coming days. Crude oil stockpiles at a major US hub are sinking. And a severe cattle shortage is hurting the US beef industry.
Here are five notable charts to consider in global commodity markets as the week gets underway.