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0.000314811899889865 0.000157405949944877 -0.000550920824807124 0.000865732724696989 -0.00275460412403596 -0.00188887139933885 0.00110184164961436 0.00224303478671491
Stock impact report

Here's Why UBS Analysts Are Bullish on American Steel Stocks [Yahoo! Finance]

Nucor Corporation (NUE) 
Last nucor corporation earnings: 4/28 08:00 am Check Earnings Report
US:NYSE Investor Relations: nucor.com/investor
Company Research Source: Yahoo! Finance
Some steel prices have increased by nearly 20% in the month and a half since Trump imposed a 25% levy on all steel imports. UBS analysts expect steel prices to cool off later this year but remain elevated, more than offsetting a slight reduction in demand. UBS analysts on Monday upgraded the shares of several U.S. steelmakers, citing Trump's "tariff support." Steelmakers Nucor ( NUE ) and Steel Dynamics ( STLD ) were recently up 4% and 3%, respectively after UBS analysts on Monday upgraded both stocks to "Buy." Steel prices have soared since President Trump signed an order in early February imposing a 25% tariff on all steel and aluminum imports. Nucor has reportedly raised prices eight times since the start of the year. The company now charges $930/short ton for hot-rolled coil, up more than 17% since Trump's tariff order. UBS expects prices to come down eventually as new capacity comes online. “However, we are confident that prices will hold in the 800's, supported by a m Show less Read more
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