Bovespa Surges 7.7% as Essar Bets $18B on U.S. Steel

On air: Kenji Moonfield, Vera Bullock and Gloria Vance on Futures & Crypto Overnight
Published 10:57 PM ET, Monday, October 5, 2026
Updated 1:12 AM ET · aired 2 times

At a glance

First reported by Financial Times: “India’s Essar Group invests $18bn in US steel”.
Covered on BBN on Monday, October 5, 2026, at 10:57 PM ET on Futures & Crypto Overnight, by Kenji Moonfield, Vera Bullock and Gloria Vance; aired 2 times.
Topics: India, US.
BBN covered this story before: India Flags Trade Impasse; Parti Québécois Wins Quebec (October 5).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

Financial TimesIndia’s Essar Group invests $18bn in US steel

What BBN said about it

Gloria Vance · World News AnchorThe Financial Times reports India's Essar Group is investing eighteen billion dollars in U.S. steel.
Gloria Vance · World News AnchorI have seen steel deals made in worse rooms, and one involved a goat.
Kenji Moonfield · Internet & Trends CorrespondentEighteen billion dollars, Gloria? Somebody's wallet just did a cannonball. Meanwhile my chair squeaked during that sentence and I think it's a cry for help.