Steel

United States Steel Corp (NYSE:X) and Japan’s Nippon Steel Corporation have received U.S. presidential approval for their landmark partnership, a move poised to inject billions into the American steel industry. What To Know: The decision was formalized through an executive order signed by...

The S&P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital. Year to date, the S&P Steel Sub-Industry Index is up 8.40% as of June 12, as the US steel sector stabilizes. It has room to grow over the short term...

Shares of steel companies are moving lower in Tuesday’s after-hours session following reports the U.S. and Mexico are nearing a deal that would remove the Trump Administration’s tariffs on steel imports. What To Know: The U.S. and Mexico could soon announce an agreement that would see...

Donald Trump‘s tariffs on steel and aluminum are likely to have a deep impact on the input costs of the U.S. automaker Ford Motor Co. (NYSE:F), explains Alex Tsepaev, the chief strategy officer at B2PRIME Group. What Happened: Unlike globalized automakers like Stellantis NV (NYSE:STLA), Ford...

Steel stocks are back in the spotlight, and it's not just the furnaces heating up. Since President Donald Trump's late-May announcement of 50% tariffs on imported steel, the sector has re-rated sharply, with JPMorgan highlighting Nucor Corp (NYSE:NUE) as the top pick with a potential 67% upside....

Detroit’s automakers are hitting speed bumps – and they're made of steel. Ford Motor Co (NYSE:F) and General Motors Co (NYSE:GM) tumbled 3.7% and 4.1% respectively on the day the U.S. announced 50% tariffs on imported steel and aluminum. The market didn't wait for earnings calls...

Steel tariffs are back with a bang, and investors are already positioning for the winners. As the U.S. slaps a prohibitive 50% tariff on imported steel and aluminum, Cleveland-Cliffs Inc (NYSE:CLF), Nucor Corp (NYSE:NUE) and Steel Dynamics Inc (NASDAQ:STLD) are emerging as the early champions of...

President Donald Trump's 50% Tariff on steel imports could drive up the costs for auto manufacturers in the U.S. as the sector scrambles to restructure its supply chain. What Happened: Trump's decision to impose the tariffs will push prices higher in the auto industry, Bloomberg's Matthew Miller...

Cleveland-Cliffs Inc (NYSE:CLF) reported first-quarter financial results after the market close on Wednesday. Here’s a look at the key details from the steel producer’s report. Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4...

Steel Dynamics Inc (NASDAQ:STLD) reported first-quarter financial results after the market close on Tuesday. Here’s a look at the key details from the print. Q1 Revenue: $4.37 billion, versus estimates of $4.2 billion Q1 EPS: $1.44, versus estimates of $1.38 Steel Dynamics shipped 3.5...

Even as President Donald Trump paused the reciprocal tariffs for 90 days on Wednesday, he later confirmed in a conversation with reporters at his Oval Office that pharmaceutical companies would face tariffs. What Happened: The rally in pharma stocks was short-lived after the stocks reversed course...

United States Steel Corp (NYSE:X) has been red-hot until the morning of April 10. After a powerful run, shares are taking a hit in premarket trading, down 10.04% as of 7:55 AM Eastern Time. The culprit? President Donald Trump's latest curveball on the Nippon Steel deal. X stock had soared 38.47%...

United States Steel Corp (NYSE:X) shares are getting crushed in Wednesday’s after-hours session after President Donald Trump suggested he doesn’t want to see the company get acquired by Nippon Steel. What Happened: In a press conference from the Oval Office late Wednesday, Trump said he...

President Donald Trump's fresh round of 25% auto import tariffs is shaking up the metals market, and JPMorgan analyst Bill Peterson sees near-term headwinds for key players in steel, aluminum, and copper. While domestic production incentives should help Cleveland-Cliffs Inc. (NYSE:CLF) and...

President Donald Trump hinted at tariff relief for select nations in a White House appearance on Monday, while celebrating Hyundai Motor Co. (OTCPK: HYMLF) 's $21 billion investment push in Louisiana, a move that includes increased steel output and underscores growing foreign confidence in America...