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Nucor, Steel Stocks Do Unexpected
Nucor, Steel Stocks Do the Unexpected After Trump Threatens Tariffs
Steel stocks rallied early Monday. The reason isn’t hard to figure: It’s about tariffs. The harder thing to figure out was why gains didn’t last. Over the weekend, President Donald Trump went ahead with his plan to put 25% tariffs on goods from Mexico and Canada,
U.S. Steel Stocks Nucor (NYSE:NUE) and Cleveland-Cliffs Rally on Trump Tariffs
Specifically, STLD is part of a group of U.S. steelmakers including Nucor and U.S. Steel that has pushed for antidumping legislation to combat cheap imports of corrosion-resistant steel products (CORE) from Mexico and Canada.
Nucor stock: a must-own investment following tariff news
Donald Trump has raised tariffs against China, Mexico, and Canada. Here's why that could prove to be a meaningful tailwind for Nucor.
2d
Nucor price target lowered to $154 from $166 at Morgan Stanley
Morgan Stanley analyst Carlos De Alba lowered the firm’s price target on Nucor (NUE) to $154 from $166 and keeps an Overweight rating on the ...
5d
Nucor: Shares Appear Attractive With Demand Green Shoots And Potential Tariffs
Nucor's stock is a buy with 4% boost and potential for 23% upside, supported by strong cash generation and trade policy ...
9d
Nucor 4Q Profit Drops on Lower Steel Prices
Nucor logged a drop in fourth quarter profit due to lower steel prices, but its earnings came ahead of management's expectations.
9d
Nucor posts lower fourth-quarter results; sees steel market improving
U.S. steelmaker Nucor Corp reported a drop in fourth-quarter revenue and profit on Monday, as selling prices declined in its ...
8d
Nucor might pursue parts of US Steel if merger deal collapses, CEO Topalian says
Nucor shares rise after beating Q4 earnings expectations. The company might pursue parts of US Steel if merger deal collapses ...
2h
DAVENPORT & Co LLC Trims Stake in Nucor Co. (NYSE:NUE)
DAVENPORT & Co LLC cut its stake in Nucor Co. (NYSE:NUE – Free Report) by 6.3% in the fourth quarter, HoldingsChannel reports. The fund owned 13,859 shares of the basic materials company’s stock after ...
8d
Zacks Industry Outlook Highlights Nucor, ArcelorMittal and Steel Dynamics
However, steady demand in the automotive and non-residential construction markets augur well for the industry. Players from ...
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