Steel, Aluminum Company Stocks Jump as Trump Plans 25% Tariffs on Imports
Shares of steel and aluminum producers, including Cleveland-Cliffs (CLF) and Nucor (NUE), advanced Monday after President Donald Trump said that he would be implementing a 25% tariff on imports of the two metals.
Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal
Now that steel and aluminum are the next targets for Trump tariffs, Steel Dynamics and Century Aluminum may offer early entries. The post Trump Tariffs Target Steel, Aluminum Imports; Nucor, Alcoa Jump, STLD Flashes Buy Signal appeared first on Investor's Business Daily.
Iron and Steel Stock for Options Bears to Play
Subscribers to Schaeffer's Weekend Trader options recommendation service received this NUE commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
3 Steel Stocks to Gain Strength as Tariffs Reshape the Market
Investors have had to deal with a lot of uncertainty lately in the stock market as President Trump has rolled out the latest rounds of tariffs, targeting goods traded with China, Mexico, and Canada first. These policies have created a common view for investors that leans on inflation coming back and domestic business demand falling off a cliff.
Nucor stock: a must-own investment following tariff news
Nucor Corp (NYSE: NUE) is pushing up this morning after the United States announced its first batch of tariffs against China, Mexico, and even its lifelong ally, Canada. Over the weekend, President Donald Trump raised tariffs by 10% on all imports from China and about 25% each on Mexico and Canada.
Nucor and Other Steel Stocks Rally on Trump Tariffs. A Little Change Makes a Big Impact.
The initial reaction to Trump tariffs 2.0: Good for domestic producers of steel, bad for domestic users of steel.
Nucor: Shares Appear Attractive With Demand Green Shoots And Potential Tariffs
Nucor's shares have underperformed due to declining steel prices, but recent Q4 results provided a 4% boost, making it a good time to revisit the stock. Despite a challenging year with lower pricing and volumes, Nucor maintained strong cash generation and balance sheet strength, supporting continued capital deployment and dividends. Potential trade policies under the new Trump Administration could benefit Nucor, with medium-term EPS projected at $12.75-$13.25, making shares attractive at less than 10x earnings.
These Analysts Revise Their Forecasts On Nucor Following Q4 Results
Nucor Corp NUE posted better-than-expected fourth-quarter financial results, after the closing bell on Monday.
Tariffs are going to be far-reaching and broad, says Nucor CEO
Nucor Chairman, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk the state of the steel industry, the impact of tariffs, and more.
Nucor CEO Leon Topalian goes one-on-one with Jim Cramer
Nucor Chairman, President and CEO Leon Topalian joins 'Mad Money' host Jim Cramer to talk the state of the steel industry, the impact of tariffs, and more.
Nucor CEO says he's optimistic about what Trump policies mean for steel trade
In a Tuesday interview with CNBC's Jim Cramer, Nucor CEO Leon Topalian expressed optimism about what President Donald Trump's tariff policies mean for the U.S. steel industry. "We saw the memo last Monday on tariffs and what they're going to do," Topalian said.
Nucor Corporation (NUE) Q4 2024 Earnings Call Transcript
Nucor Corporation (NYSE:NUE ) Q4 2024 Earnings Conference Call January 28, 2025 10:00 AM ET Company Participants Jack Sullivan - General Manager and IR Leon Topalian - Chair, President and CEO Steve Laxton - EVP and CFO Brad Ford - Executive Vice President Plate and Structural Products Chad Utermark - Executive Vice President New Markets and Innovation Noah Hanners - EVP, Raw Materials John Hollatz - EVP, Bar and Rebar Fabrication Randy Spicer - Executive Vice President Bar and Engineered Bar Conference Call Participants Timna Tanners - Wolfe Research Carlos De Alba - Morgan Stanley Bill Peterson - JPMorgan Katja Jancic - BMO Capital Markets Tristan Gresser - BNP Paribas Lawson Winder - Bank of America Security Martin Englert - Seaport Operator Good morning and welcome to Nucor's Fourth Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.
