Tag: steel

Surprise! U.S. Steel Isn’t As Vulnerable To Tariffs As Feared

Surprise! U.S. Steel Isn’t As Vulnerable To Tariffs As Feared

U.S. Steel is wrapping up a great year thanks to still-strong, organic demand It’s admittedly a paradox. Although United States Steel (NYSE:X) is on the verge of logging its best full-year revenue since 2014 and its most profitable year since 2008, X stock itself just came up and off multi-year lows after falling more 60% from its […]

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The Effects Of Steel And Aluminum Tariffs Hinge On Trump’s Negotiation Skills

The Effects Of Steel And Aluminum Tariffs Hinge On Trump’s Negotiation Skills

The real intent of the import duties is likely favorable trade terms, not higher tariffs The imposition of tariffs by the Trump Administration has left businesses, consumers and workers guessing. Tariff levels can have far-reaching effects both at home and abroad. As such, raising these duties can make or break businesses and households all over […]

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7 A-Rated Materials Stocks To Buy

7 A-Rated Materials Stocks To Buy

These stocks are great choices for an improving economy Materials stocks run the gamut. But whether a firm is making steel, refining oil and gas or making distilled spirits, the fact is, in an expanding economy these companies are in very good positions. As witnessed by the rise in oil prices in recent days, demand […]

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Dump These 3 Steel Stocks As Tariffs Rip Up The Industry

| March 22, 2018 | 0 Comments
Dump These 3 Steel Stocks As Tariffs Rip Up The Industry

The imposition of a 25% tariff on imported steel by President Trump has certainly been a headline grabber. But it obscures the long-term problems faced by the U.S. steel industry. And it only addresses one side of the classic economic equation for any commodity – supply and the industry’s struggle against cheap imports. The share […]

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