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Stock impact report

Tariffs may mean more US steel jobs. Will there be workers to fill them? [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
"I don't speed," he said dryly. Some of his coworkers come from much farther, including one who spends workweeks living in a camper and returns home only at weekends. This corner of eastern Arkansas is dotted with RV parks that cater to such workers. America will need many more like them to achieve President Donald Trump's vision for a hugely expanded U.S. factory sector. The steel industry — hit with 25% tariffs as one of the first salvos of Trump's trade war — is a prime example of his quest to use taxes on imports to rebuild manufacturing in the American heartland. But foreign competition - while a drag on steel prices - isn't the biggest challenge for steel companies around here. It's finding workers. Mississippi County's slogan is "The Land of Steel" and that's no exaggeration. Nearly a quarter of the 20,000 jobs in the county are in sprawling mills owned by Nucor and U.S. Steel and ancillary businesses like pipe makers and other metals processors that have flocked here Show less Read more
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