Shares of Steel Dynamics (STLD) and Nucor (NUE) climbed Monday after UBS upgraded both steelmakers to 'Buy' from 'Neutral.' ...
UBS analyst Andrew Jones upgraded Nucor (NUE) to Buy from Neutral with a price target of $160, up from $156. Tariff protection for U.S. steel ...
Nucor (NYSE:NUE) +3.8% and Steel Dynamics (STLD) +2.4% in Monday's trading as UBS upgrades both steel producers to Buy from ...
Steel prices surged 36% due to tariffs, but real demand hasn't changed. JPMorgan warns of potential de-stocking & recession ...
Nucor Corp on Thursday forecast first-quarter 2025 profit below estimates as a weak steel pricing environment continues to ...
The tariffs will allow U.S. steel stocks like NUE, STLD, CLF and X to capitalize on higher prices and reduced competition against cheaper imported steel.
Nucor’s steel is produced in Electric Arc Furnaces ... Nucor is also well positioned to benefit from its price hikes for its hot-rolled coil (HRC) by 21% to $820/short ton (Feb 17th price ...
UBS upgraded Nucor (NYSE:NUE) and Steel Dynamics (NASDAQ:STLD) to Buy and maintained a Neutral rating on Commercial Metals Company (NYSE:CMC), citing increased U.S. steel trade protections and higher ...
Benchmark hot-rolled coil (HRC) prices saw a significant ... which dented the profitability of domestic steel makers including Nucor, Steel Dynamics and United States Steel. HRC prices tumbled ...