Section 232

Steel stocks have been in focus in 2018 after the steel industry was one of the first to be dragged into the global trade war. Steel stocks have run out of steam in recent months, but one analyst says the steel industry is due for a bounce. The Analyst On Thursday, Seaport Global analyst Derek...

Congress has awakened to potential abuses of presidential trade authority. President Donald Trump invoked "Section 232" to justify tariffs on about $46 billion in steel and aluminum imports, irking military allies and prompting retaliatory taxes from the likes of Canada, Mexico...

U.S. steel stocks are surging after the U.S. Commerce Department recommended that President Donald Trump enact a 24-percent tariff on all steel imports. Trump had ordered an investigation into the potential risk that U.S. steel imports pose to national security, laying the groundwork for him to...

United States Steel Corporation (NYSE: X) shares jumped 7.2 percent on Wednesday after the company’s second-quarter earnings topped Wall Street’s expectations. However, comments from President Donald Trump about his ongoing investigation into U.S. steel imports this week may have taken...

United States Steel Corporation (NYSE: X) shares jumped 7 percent in Wednesday’s pre-market session after the company reported a big earnings and guidance beat. While the company’s core business seems to be firing on all cylinders at the moment, comments from President Trump on U.S....

Credit Suisse analyst Curt Woodworth upgraded the U.S. steel sector from Market Weight to Overweight, citing an overly bearish view of Chinese hot rolled coil and the pending results of the Department of Commerce’s investigation into the industry. The analyst also upgraded United States Steel...

Steel stocks were up big on Tuesday ahead of the Department of Commerce hearing on the Section 232 probe. The DoC is set to come out with more details regarding the impact steel imports has on U.S. national security. Stock Movements United States Steel Corporation (NYSE: X): Up 5.27 percent. AK...