Steel

Nucor Corp (NYSE:NUE) reported financial results for the first quarter on Monday after the close. Here’s a rundown of the steelmaker’s report. Nucor stock is challenging resistance. What’s behind NUE new highs? Nucor Q1 Highlights Nucor reported first-quarter revenue of $9.50...

Steel's protection party may be ending. Shares of Nucor Corp (NYSE:NUE), Cleveland-Cliffs Inc (NYSE:CLF), and Alcoa Corp (NYSE:AA) fell Friday after reports that U.S. President Donald Trump is considering reversing tariffs on imported steel and aluminum. The reaction was swift. Steel and aluminum...

The Trump Administration took to social media to celebrate increased U.S. steel production from 2024 to 2025. A graph from the official White House social media account received a Community Note and public ridicule instead of being celebrated. White House ‘Misrepresentation' of Facts The American...

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%...