Steel's Hot Streak Faces Reality Check: Analyst Weighs Tariffs Vs. Recession Fears
Steel prices surged 36% due to tariffs, but real demand hasn't changed. JPMorgan warns of potential de-stocking & recession ...
What Awaits the U.S. Steel Industry as Trump Tariffs Take Effect?
The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.
5 Stocks to Buy on Trump's New Steel Tariffs
Trump tariffs have given US steel and aluminum companies a competitive advantage, boosting their profits and making them ...
US manufacturers see higher metal prices as tariffs near
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
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Nucor Trades at Premium Valuation: Buy, Sell or Hold the Stock?
Nucor Corporation NUE is currently trading at ... The benchmark hot-rolled coil (HRC) prices tumbled more than 40% last year from $1,200 per short ton at the start of 2024. The downside has ...
Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation
Trump pressed on with the metals tariffs despite a flurry of last-minute lobbying from US stakeholders, including the country ...
In America’s Rust Belt, the effects of Trump’s trade war are already being felt
A road trip through Michigan and Ohio reveals a mood of ambivalence and paranoia in the early days of the trade war ...
Looming Trump Tariffs Make US Steel Too Expensive at Home
Supply Lines is a daily newsletter that tracks global trade. Sign up here.Most Read from BloombergCuts to Section 8 Housing ...
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Nucor Stock Slips Amid Leadership Shake-Up – Retail Turns Bearish
The executive shake-up follows Nucor’s latest hot-rolled coil (HRC) spot price increase on Tuesday, marking the company’s fourth consecutive hike since the beginning of the year. Despite a ...