Steel

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...

United States Steel Corp (NYSE:X) is flashing bullish signals, riding an 8.35% gain over the past five days and forming a Golden Cross, a technical indicator often linked to continued upside. Shares now sit above their key moving averages, suggesting strong momentum as Wall Street weighs the...

Steel's scorching rally may have investors feeling bullish, but JPMorgan analyst Bill Peterson is throwing in a dose of caution. While Section 232 (S232) tariffs have fueled a buying frenzy, the reality of demand stagnation, rising scrap costs and looming economic uncertainty could keep stocks from...

Shares of Alcoa Corporation (NYSE:AA) continue to trend lower Tuesday. The stock was trading higher in the pre-market Monday, but the bears ended up overpowering the bulls. By the close, Alcoa had lost almost 6%. Traders are watching the $28 level for a potential reversal. It has been support in...

Cleveland-Cliffs Inc (NYSE:CLF) reported fourth-quarter financial results Monday after the bell. Here’s a look at the key details from the report. Q4 Revenue: $4.33 billion, versus estimates of $4.43 billion Q4 EPS: Loss of 68 cents, versus estimates for a loss of 61...

The latest round of tariffs on metal imports, announced by the Trump administration, is set to create significant investment opportunities in ETFs focused on U.S. steelmakers. With a 25% tariff now set to be imposed on all steel and aluminum imports, domestic steel producers are expected to gain...

Shares of Cleveland-Cliffs Inc. (NYSE:CLF) are trading higher Monday. This follows President Trump's vow to impose a 25% tariff on steel and aluminum imports. Investors believe that this will help domestically based companies like Cleveland-Cliffs. The stock could be breaking out and the downtrend...

President Donald Trump announced on Sunday that he will impose new 25% tariffs on all steel and aluminum imports, adding to existing duties, in a further escalation of his trade policy. While this could impact domestic steel and aluminum companies, investors can consider the following list of...

President Donald Trump announced plans to impose a 25% tariff on all steel and aluminum imports, reigniting trade tensions reminiscent of his 2018 metal tariffs policy. What Happened: The announcement was made during his flight to New Orleans for the Super Bowl, according to Reuters. Canada, the...

A leading domestic steel supplier, Cleveland-Cliffs Inc (NYSE:CLF), published a preliminary report expecting 2024 to be one of the worst years in over a decade. The report characterized 2024 by muted demand from the automotive sector — the company’s largest customer base — and broader...

During a turbulent month for United States Steel Corp (NYSE:X) following its blocked merger with Nippon Steel, activist investor Ancora accelerated a proxy fight in an attempt to force the Pittsburgh, Pennsylvania-based company to abandon its plans to fight to merge. Ancora, which owns a 0.18%...

Nucor Corp (NYSE:NUE) reported fourth-quarter financial results after the market close on Monday. Here’s a look at the key metrics from the quarter. Q4 Earnings: Nucor reported fourth-quarter revenue of $7.08 billion, beating analyst estimates of $6.76 billion, according to Benzinga Pro. The...

United States Steel Corp (NYSE:X) is caught in a whirlwind of challenges. From technical bearish signals to a major acquisition roadblock, the stock is under pressure. Yet, analysts believe opportunities may still exist for investors willing to ride out the storm. Bearish Signals Dominate X Stock...