U.S. Steel price target raised to $43 from $39 at Morgan Stanley
Morgan Stanley raised the firm’s price target on U.S. Steel (X) to $43 from $39 and keeps an Equal Weight rating on the shares. Steel prices ...
Wall Street Journal11d
Cleveland-Cliffs Urges No Breaks on Steel Tariffs
The spot market price for sheet steel in the U.S. has climbed above $800 a ton recently in anticipation of the 25% duty on all imported steel set to begin on March 12. Prices stayed below $700 for ...
MarketWatch25d
Steel and aluminum ETFs surge on Trump's plan to impose 25% tariffs on U.S. imports
The SPDR S&P Metals ... iShares U.S. Basic Materials ETF and the iShares MSCI Global Metals & Mining Producers ETF were each up around 1%, according to FactSet data. Shares of U.S. Steel were ...
Indian steel prices may fall as U.S. tariffs reshape alloy's trade, S&P Global says
Indian steel mills are likely to see a sharp drop in prices after U.S. import tariffs come into effect and reshape global ...
MarketWatch25d
Citi estimates the boost to steel and aluminum prices from 25% tariffs
They point out the U.S. imports about 25% of its steel supply, of which 80% is tariff free due to agreements with Canada, Mexico, the European Union, Japan, South Korea and Brazil. A 25% tariff woul ...
S&P 500 falls amid Trump tariff concerns: History says the stock market will do this next
History offers two conflicting opinions about what happens next in the stock market. Here's what investors should know.
Stocks Drop as Tariff Uncertainty Weighs on Wall St.
The S&P 500 is on course for its worst week since a banking crisis two years ago. The Nasdaq fell into a correction on Thursday.