Nucor (NYSE:NUE) 株価情報

Nucor

Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor Corp

Nu Earth Corp

Nuveen ESG Emerging Markets Equity ETF

NU E POWER CORP by NU E Power Corp.

WIIM

CRML

LITM

PPTA

SBSW

SCCO

STLD

TECK

Shares of metal and mining companies are trading lower amid overall market weakness on US consumer and economic concerns.

<img alt="USA News Concept: Letter Tiles Trade War On US Flag, 3d illustration - stock image" class="article-image-one" src="https://www.marketbeat.com/logos/articles/med_20250211152805_6-stocks-poised-to-benefit-from-a-trade-war-in-une.jpg" style="height:631px; width:1200px" />
President Trump put a 30-day pause on levying 25% tariffs on Canada and Mexico but proceeded to levy an additional 10% tariff on Chinese imports. Trump has also acknowledged that he would be levying tariffs on European imports in time. The repercussions of tariffs have been a hotly debated topic. In the event that Trump follows through with his planned 25% tariffs on Canada and Mexico as well as levying similar tariffs to European imports, here are six stocks that could benefit and probably not in the direct way you think.
<h2>Nucor: Soaring Steel Prices Bolster Margins</h2>
As the nation&#39;s largest steel producer, <a href="https://www.marketbeat.com/stocks/NYSE/NUE/">Nucor Co. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/nue#NYSE">NUE</a>) would benefit from the protectionist impact of tariffs just as they did in 2018. By taking on an additional 25% tariff on imported steel, manufacturers would be forced to buy domestic steel. The influx of demand would lead to higher prices.
This is what happened during the 2018 tariffs, when imported steel was too expensive after the 25% tariffs, domestic steel producers also took the opportunity to raise their prices. This resulted in short-term margin expansion, which also led to soaring inflation. However, sustained higher steel prices can also impact demand in the long run.
<h2>CarMax: Higher Steel Prices Mean Higher New Car Prices</h2>
Higher steel prices would result in higher costs being passed onto the consumer. New car prices would increase, making it tougher on consumers. It&#39;s estimated that the 25% tariffs imposed on Mexico and Canada could result in <a href="https://www.freep.com/story/money/cars/2025/02/03/trump-tariffs-new-car-prices-layoffs-canada-mexico/78179356007/">increasing the cost of a new car by $1,000 to $9,000</a>.
This would cause many consumers to consider buying a used vehicle for cheaper without getting smacked by the immediate depreciation once the car is driven off the lot. <a href="https://www.marketbeat.com/stocks/NYSE/KMX/">CarMax Inc. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/kmx#NYSE">KMX</a>) is the nation&#39;s largest used car dealership. They would naturally be the benefactor as customers migrate to their showrooms to purchase used vehicles. The growing demand would result in higher used car prices, leading to margin expansion for CarMax.
<h2>Reborn Coffee: Inflation Sends Commodity Prices Rising</h2>
It is widely believed that levying tariffs on imports will drive inflation higher, especially if retaliatory tariffs are levied on American exports.&nbsp;This can also lead to higher commodity prices, which can bolster margins for coffee roasters like <a href="https://www.marketbeat.com/stocks/NASDAQ/REBN/">Reborn Coffee Inc. (NASDAQ: </a><a class="ticker" href="https://www.benzinga.com/stock/rebn#NASDAQ">REBN</a>).&nbsp;
Coffee prices hit a 27-year high at the end of November 2024. However, that was also driven by forecasts of tightening supply in 2025.
If supply constraints persist, elevated coffee prices could provide continued tailwinds for roasters, though higher costs may eventually pressure consumer demand.
<h2>Kroger: Food Inflation Is Profitable for Food Distributors and Grocers</h2>
Higher inflation may force consumers to tighten their budgets again, but they&#39;ll still need to spend on the necessities in the <a href="https://www.marketbeat.com/stocks/sectors/consumer-staples/">consumer staples sector</a>. Major supermarket chains like <a href="https://www.marketbeat.com/stocks/NYSE/KR/">Kroger Co. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/kr#NYSE">KR</a>) would benefit from expanding margins as they pass on cost increases to customers and add a little extra for themselves.
Additionally, they would also gain from consumers trading down from name brand food items to Kroger&#39;s higher margin&nbsp;<a href="https://www.marketbeat.com/stock-ideas/shoe-carnival-stock-one-size-fits-all-investors/">private label</a> items. This shift could further strengthen Kroger&#39;s pricing power and boost overall profitability amid economic uncertainty.
<h2>Charles Schwab: Rising Interest Rates Boost Net Interest Margin&nbsp;&nbsp;</h2>
If inflation starts rising sharply, it will leave the Federal Reserve no choice but to reverse its interest rate cut policy and raise interest rates. Higher interest rates mean higher net interest income (NII) and margins for banks and brokers. <a href="https://www.marketbeat.com/stocks/NYSE/SCHW/">Charles Schwab Inc. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/schw#NYSE">SCHW</a>) would be a clear benefactor from higher NII as its assets under management (AUM) have grown to more than $10 trillion. They would also collect more interest on margin loans.
This is not a guess but a reality based on precedent. History has shown that rising rates tend to benefit financial institutions, making this scenario more than just speculation.
<h2>Allstate: Interest Income Climbs</h2>
Aside from banks, insurance companies are in the business of holding a ton of cash and cash equivalents. Insurance companies like <a href="https://www.marketbeat.com/stocks/NYSE/ALL/">Allstate Co. (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/all#NYSE">ALL</a>) collect a ton of premium, which it invests in cash and liquid interest-bearing instruments and securities like money market funds, CDs, Treasury, and municipal and investment grade bonds.
Higher interest rates equate to higher investment income. As interest rates rise, these investments generate higher yields, boosting overall investment income and profitability.
<h2><a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none;color:var(--dark-blue); font-weight:500;">Where Should You Invest $1,000 Right Now?</a></h2>
Before you make your next trade, you&#39;ll want to hear this.
MarketBeat keeps track of Wall Street&#39;s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the <a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink">five stocks</a> that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
<a class="btn btn-featured" href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none">See The Five Stocks Here </a>
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/6-stocks-poised-to-benefit-from-a-trade-war-in-unexpected-ways/">6 Stocks Poised to Benefit From a Trade War in Unexpected Ways</a>&quot; first appeared on MarketBeat.

Equities

Markets

REBN

SCHW

6 Stocks Poised To Benefit From A Trade War In Unexpected Ways

Macro Economic Events

News

Politics

Global

Economics

General

STLA

TSLA

President Trump Says This Will Be Over And Above Steel Tariffs, Also Cars, Pharmaceuticals; Car Tariffs Coming Soon

<img alt="Rolls of steel sheet - stock image" class="article-image-one" src="https://www.marketbeat.com/logos/articles/med_20250211093331_us.jpg" style="height:700px; width:1200px" />
The steel industry is back in the news again, courtesy of President Trump. The president is leaving his mark on the negotiations between Japanese company <a href="https://www.marketbeat.com/stocks/OTCMKTS/NPSCY/" rel="noopener" target="_blank">Nippon Steel (OTCMKTS: NPSCY)</a> and <a href="https://www.marketbeat.com/stocks/NYSE/X/" rel="noopener" target="_blank">United States Steel (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/x#NYSE">X</a>). So, what does Trump&#39;s stance mean for U.S. Steel stock going forward, and is there ultimately still upside in this historic <a href="https://www.marketbeat.com/stocks/sectors/basic-materials/">basic materials company</a>? Below, I&#39;ll provide a brief history of the recent U.S. Steel and Nippon saga and address this question.
<h2>History Lesson: Nippon Looks to Buy Iconic U.S. Steel Maker</h2>
In Dec. 2023, Japan&#39;s largest steel maker, Nippon Steel, announced its plan to purchase U.S. Steel for $14 billion. On a per-share basis, the company agreed to pay $55. On April 12th, <a href="https://investors.ussteel.com/news-events/news-releases/detail/673/u-s-steel-stockholders-approve-transaction-with-nippon">shareholders of U.S. Steel approved the purchase</a>, with 98% of votes in support. It makes perfect sense why they did so. On that date, U.S. Steel&#39;s shares were trading at just $39.50. Completion of the deal would have given shareholders a 39% return from that current price.
However, in early January 2025, President Joe Biden, through the Committee on Foreign Investment in the United States (CFIUS), blocked the deal, citing national security concerns as the justification. This was an unusual decision. It is the only time that CFIUS has <a href="https://www.atlanticcouncil.org/blogs/new-atlanticist/bidens-blocked-us-steel-deal-carries-big-risks-here-are-the-top-three/#correction">prevented a transaction without Chinese ownership or influence ties</a>. U.S. Steel and Nippon have filed multiple lawsuits against this decision. If they win these lawsuits, the deal could go through.
Cut to early Feb., when newly inaugurated President Donald Trump exerts his influence over the steel deal. During a press conference with the Japanese Prime Minister, Trump stated that Nippon would not buy U.S. Steel. Instead, he said it would &quot;invest heavily&quot; in the company. At this point, markets know little about the specifics of the deal. However, there is some information on what Trump and the Japanese government are pushing for.
<h2>New Steel Deal: More Questions Than Answers</h2>
First off, Trump said that <a href="https://www.reuters.com/markets/deals/nippon-steel-declines-comment-trump-statement-opposing-majority-stake-us-steel-2025-02-10/">no one can have majority ownership</a> when referring to U.S. Steel. This is important, as without a majority stake, Nippon cannot unilaterally force the company to take any specific action. Japan&#39;s Chief Cabinet Secretary stated that Nippon is looking at a new deal proposal. This one is &quot;completely different from anything it has done in the past.&quot; Still, Nippon Steel officials have not yet released new comments. Last Thursday, just a day before these new developments, the company&#39;s vice chairman said it had no plans to change the acquisition structure.
<h2>What It Means for Shares of Once Industry Titan, U.S. Steel</h2>
At this point, there appear to be two different ways things could go. First, Nippon and U.S. Steel could reject the ambitions of their respective governments to rework the deal. At the end of the day, the words from Trump and the Japanese government are just that: words. The two firms have the right to continue their lawsuit against the government and pursue the full, original deal.
I tend to agree with the assessment of the lawsuit that the acquisition of U.S. Steel does not represent a national security risk. Japan is ultimately a United States ally and is the world&#39;s third-largest steel producer. China, which produces by far the most steel in the world, is a known U.S. rival. The acquisition would strengthen U.S. Steel and Nippon, making friendly companies more competitive with Chinese ones. Still, many legal scholars appear to agree that the chances of Nippon and U.S. Steel winning these lawsuits are low. Ultimately, this means that U.S. Steel shareholders likely won&#39;t receive that locked-in $55 per share price.
The much more likely option seems to be that U.S. Steel and Nippon will negotiate with the U.S. and Japanese governments. Without knowing the details of the new potential deal, it feels hard to say that U.S. Steel is significantly undervalued. It is trading at a forward price-to-earnings (P/E) multiple of nearly 20x. That&#39;s in line with competitors like <a href="https://www.marketbeat.com/stocks/NYSE/NUE/">Nucor (NYSE: </a><a class="ticker" href="https://www.benzinga.com/stock/nue#NYSE">NUE</a>).
Shares are benefiting from the new 25% tariffs on steel and aluminum, but it&#39;s hard to see them really breaking out until the parties resolve this deal. Right now, it&#39;s prudent to wait for more information surrounding this deal and what actions U.S. Steel and Nippon will take. <a href="https://www.marketbeat.com/instant-alerts/morgan-stanley-reaffirms-equal-weight-rating-for-united-states-steel-nysex-2025-02-03/">A recent $39 price target</a> released by Morgan Stanley sees shares as fairly valued compared to their Feb. 10 closing price.
<h2><a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none;color:var(--dark-blue); font-weight:500;">Where Should You Invest $1,000 Right Now?</a></h2>
Before you make your next trade, you&#39;ll want to hear this.
MarketBeat keeps track of Wall Street&#39;s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the <a href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink">five stocks</a> that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
<a class="btn btn-featured" href="https://www.marketbeat.com/newsletter/PDFoffer.aspx?offer=top5&amp;RegistrationCode=SyndicatedArticleLink" style="text-decoration:none">See The Five Stocks Here </a>
The article &quot;<a href="https://www.marketbeat.com/originals/us-steel-will-trump-backed-nippon-investment-drive-upside/">U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?</a>&quot; first appeared on MarketBeat.

Commodities

U.S. Steel: Will Trump-Backed Nippon Investment Drive Upside?

The latest round of tariffs on metal imports, announced by the Trump administration, is set to create significant investment opportunities in ETFs <a href="https://in.benzinga.com/25/02/43587918/donald-trumps-expected-tariffs-on-aluminum-steel-imports-may-impact-domestic-companies-heres-a-list-of-metal-etfs-that-could-be-affected">focused on U.S. steelmakers. </a>
With a 25% tariff now set to be imposed on all steel and aluminum imports, domestic steel producers are expected to gain market share and see rising profitability. A KeyBanc Capital Markets report shows how these tariffs could reshape the steel market, reducing finished steel imports by 14% year-over-year in 2025, primarily impacting sheet and plate steel. 
Analysts anticipate U.S. steel mills capturing market share previously held by foreign competitors, reinforcing the bullish outlook for U.S. steel companies-focused ETFs.
Three <a href="https://www.benzinga.com/etfs">standout ETFs</a> are VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>), SPDR S&amp;P Metals &amp; Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>), and Global X U.S. Infrastructure Development ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/PAVE#BATS">PAVE</a>).
VanEck Steel ETF 
This is a direct play on the steel sector, offering concentrated exposure to leading steel manufacturers. With holdings in Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>), and United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), the fund is well-positioned to benefit from higher domestic steel prices.
The new tariffs are expected to curb foreign steel imports, which accounted for a substantial share of the U.S. market. This will increase demand for domestically produced steel, boosting revenue for companies within SLX&#8217;s portfolio.
As steel prices rise, profit margins for U.S. steel producers will expand, which might be a boost for stock valuations.
Also Read: <a href="https://in.benzinga.com/markets/equities/25/02/43613133/trumps-25-tarrifs-a-self-inflicted-wound-says-economist-amid-warnings-of-fewer-american-jobs-peter-schiff-says-youll-pay-more-for-cars-and-homes">Trump&#8217;s 25% Tarrifs A &#8216;Self-Inflicted Wound,&#8217; Says Economist Amid Warnings Of Fewer American Jobs — Peter Schiff Says You&#8217;ll Pay More For Cars And Homes</a>
SPDR S&amp;P Metals &amp; Mining ETF
XME provides broader exposure to the metals and mining sector but is still heavily weighted toward steel stocks like Steel Dynamics, Nucor and United States Steel Corp.
The tariff-induced price hikes on imported steel will force industries relying on metal, such as construction, automotive, and energy, to turn to U.S.-based suppliers. Steel Dynamics, Cleveland-Cliffs, and Nucor stand to gain from increased domestic sales, while higher scrap prices further support pricing power.
Global X U.S. Infrastructure Development ETF
PAVE is a more diversified play, offering exposure to the broader infrastructure sector, which is a major consumer of steel. Infrastructure companies like Trane Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TT#NYSE">TT</a>) and Eaton Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>) are part of the ETF&#8217;s portfolio.
With increased steel demand for construction projects and infrastructure spending, U.S. steel producers will see long-term growth.
Supply And Demand Shift
KeyBanc projects U.S. real carbon steel demand to grow by around 2% in 2025 (compared to a 1-2% decline in 2024), supported by rebounds in oil &amp; gas, industrial, and construction sectors. Moreover, Hot Rolled Coil (HRC) prices are expected to rise from $750 per ton to $810 per ton in 2025, buoyed by tariff-driven demand shifts and rising scrap prices.
KeyBanc analysts also upgraded Steel Dynamics to Overweight, citing improved operational efficiencies and pricing tailwinds.
The Trump administration's aggressive trade stance is designed to protect U.S. steelmakers from cheap foreign imports. KeyBanc said that analysts anticipate a boost in domestic steel production, with sector utilization rising to 78% in 2025.
Earnings Growth for Steel Stocks
Steel Dynamics: KeyBanc raised the estimated 2025 EBITDA to $2.57 billion from $2.13 billion, driven by higher utilization and rising steel prices.
Cleveland-Cliffs: The research firm raised EBITDA expectation to $1.034 billion amid improved demand for U.S.-made steel.
Nucor: Holding a Sector Weight rating, NUE's diversified steel operations make it a stable long-term play.
Parting Thoughts
The tariffs are set to create a favorable market for domestic steelmakers, and ETFs with significant exposure to U.S. steel stocks stand to gain. With KeyBanc's bullish outlook on steel demand and pricing, the ETFs discussed in this piece could see substantial upside in the months ahead.
Read Next:<a href="https://www.benzinga.com/news/global/25/02/43635740/eu-president-vows-firm-and-proportionate-countermeasures-after-trump-imposes-steel-aluminum-tariffs"> </a>
<ul>
<li><a href="https://www.benzinga.com/news/global/25/02/43635740/eu-president-vows-firm-and-proportionate-countermeasures-after-trump-imposes-steel-aluminum-tariffs">EU President Vows &#8216;Firm And Proportionate Countermeasures&#8217; After Trump Imposes Steel, Aluminum Tariffs</a></li>
</ul>
Photo: Vladimir Mulder/Shutterstock.com

Sector ETFs

ETFs

PAVE

Trump's Metal Tariffs Set Stage For US Steel ETF Gains

Mexico President Claudia Sheinbaum Says "We Are Going To Send Message To White House On Steel, Aluminum Tariffs"

Allianz Chief Economic Advisor Mohamed El-Erian warned that while President Donald Trump&#8216;s evolving tariff strategy may deliver immediate gains, it risks longer-term economic damage through stagflation and eroded U.S. global influence.
What Happened: El-Erian explained on X that the Trump administration&#8217;s tariff strategy follows a three-pronged approach, as highlighted in a Bloomberg Opinion <a href="https://www.bloomberg.com/opinion/articles/2025-02-11/trump-s-early-tariff-wins-mask-future-risks">piece</a> Tuesday: broad duties for revenue and trade balance, targeted protection for industries like steel and aluminum, and strategic tariff threats for political leverage.
&#8220;America&#8217;s many structural advantages and its bigger and cyclically stronger economy give it the upper hand in most negotiations,&#8221; El-Erian wrote, citing recent success in trade disputes with Colombia. However, he cautioned that &#8220;uncertainty is a feature rather than a bug&#8221; in the current approach.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Posted earlier today: Some thoughts on the evolution of US tariff policy:<a href="https://t.co/pQ3wJWLaBU">https://t.co/pQ3wJWLaBU</a><a href="https://twitter.com/opinion?ref_src=twsrc%5Etfw">@opinion</a> <a href="https://twitter.com/hashtag/markets?src=hash&amp;ref_src=twsrc%5Etfw">#markets</a> <a href="https://twitter.com/hashtag/trade?src=hash&amp;ref_src=twsrc%5Etfw">#trade</a> <a href="https://twitter.com/hashtag/tariffs?src=hash&amp;ref_src=twsrc%5Etfw">#tariffs</a> <a href="https://twitter.com/hashtag/economy?src=hash&amp;ref_src=twsrc%5Etfw">#economy</a> <a href="https://t.co/Ovnr5WVSYD">pic.twitter.com/Ovnr5WVSYD</a>
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1889340333189746843?ref_src=twsrc%5Etfw">February 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The warning comes as Trump pledged to <a href="https://in.benzinga.com/markets/equities/25/02/43613133/trumps-25-tarrifs-a-self-inflicted-wound-says-economist-amid-warnings-of-fewer-american-jobs-peter-schiff-says-youll-pay-more-for-cars-and-homes">impose 25% tariffs</a> on metal imports without exemptions, sending U.S. steel stocks like Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) and Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) soaring on Monday.
See Also: <a href="https://www.benzinga.com/markets/equities/25/02/43646506/dan-ives-says-palantir-could-be-next-oracle-or-salesforce-as-ai-boom-drives-massive-software-spending-highlights-8-10x-multiplier-effect">Dan Ives Says Palantir Could Be Next Oracle Or Salesforce As AI Boom Drives Massive Software Spending, Highlights 8-10x Multiplier Effect</a>
Why It Matters: Former Treasury Secretary Larry Summers echoed these concerns, <a href="https://in.benzinga.com/markets/equities/25/02/43613133/trumps-25-tarrifs-a-self-inflicted-wound-says-economist-amid-warnings-of-fewer-american-jobs-peter-schiff-says-youll-pay-more-for-cars-and-homes">stating on social media </a>that the proposed tariffs would lead to &#8220;fewer American jobs, more American inflation, and probably a bigger trade deficit.&#8221;
El-Erian highlighted particular risks for low-income consumers and companies still recovering from post-pandemic inflation. He argued that frequent use of tariffs could make America &#8220;a less reliable partner,&#8221; potentially reducing bilateral trade interactions.
&#8220;Trade is an intrinsically cooperative game,&#8221; El-Erian noted. &#8220;Playing it uncooperatively can benefit the more powerful party in the short term&#8230; But the longer that international trade is played as an uncooperative game, the bigger the welfare losses to everyone participating, including the U.S.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43646173/bitcoin-ethereum-dogecoin-dip-even-as-fed-chair-powell-says-no-to-cbdcs-analyst-says-btc-under-consolidation-but-next-big-move-could-be-likely">Bitcoin, Ethereum, Dogecoin Dip Even As Fed Chair Powell Says No To CBDC: Analyst Says BTC Under Consolidation But &#8216;Next Big Move&#8217; Likely</a></li>
</ul>
Image Via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Mohamed El-Erian Says Trump's 'Uncooperative' Tariff Play Can Benefit America, But Could Lead To 'Welfare Losses' In Long-Term

Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) has outperformed the market over the past 5 years by 11.53% on an annualized basis producing an average annual return of 23.95%. Currently, Nucor has a market capitalization of $32.51 billion. 
Buying $100 In NUE: If an investor had bought $100 of NUE stock 5 years ago, it would be worth $294.08 today based on a price of $138.46 for NUE at the time of writing.
<h3>Nucor's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739306731_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

European Commission President Ursula von der Leyen on Tuesday vowed "firm and proportionate countermeasures" in response to President Donald Trump's decision to impose 25% tariffs on steel <a href="https://www.benzinga.com/markets/forex/25/02/43617885/asia-markets-and-europe-mixed-gold-near-all-time-high-global-markets-today-while-us-slept">and aluminum imports.&nbsp;</a>
The Details: "Unjustified tariffs on the E.U. will not go unanswered — they will trigger firm and proportionate countermeasures," Von der Leyen said in a statement.
Von der Leyen did not detail which countermeasures are being considered, though it is expected that the E.U. will move<a href="https://www.benzinga.com/markets/equities/25/02/43613133/trumps-25-tarrifs-a-self-inflicted-wound-says-economist-amid-warnings-of-fewer-american-jobs-peter-schiff-says-youll-pay-more-for-cars-and-homes"> to protect</a> its domestic steel and aluminum industries.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/earnings/25/02/43600652/super-micro-computer-q2-earnings-preview-accounting-updates-nasdaq-deadline-on-watch">Super Micro Computer Q2 Earnings Preview: Accounting Updates, Nasdaq Deadline On Watch&nbsp;</a>
Maroš Šefčovič, European Commissioner on trade and economic security, called Trump's tariffs "a lose-lose scenario" and that the "time has come" for Europe to respond.&nbsp;&nbsp;
"We are currently assessing the scope of the measures announced overnight and will be responding in a firm and proportionate way by counter measures," he told members of the European Parliament on Tuesday.&nbsp;
According to the U.S. Commerce Department, the U.S. imported approximately four million metric tons of steel and 283,000 metric tons of aluminum from Europe in 2022.
Stock To Watch: Shares of steel companies, including United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), Steel Dynamics, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NYSE">STLD</a>) and Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), have reacted positively to Trump's tariffs set to take effect in March.&nbsp;
Investors can also monitor the steel industry through the VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) which provides targeted exposure to the steel sector.
Shares of aluminum companies like Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) and Century Aluminum Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NYSE">CENX</a>)&nbsp; are gaining Tuesday as investors digest the news.&nbsp;
Century Aluminum released <a href="https://www.benzinga.com/pressreleases/25/02/g43611888/century-aluminum-applauds-president-trumps-decisive-action-to-strengthen-section-232-tariffs">a statement</a> on Monday in support of the new tariff structure.&nbsp;
"Today's executive order implements a 25% tariff on all primary aluminum imports into the U.S. from all foreign countries and closes a loophole in the existing tariff that allowed nearly 75% of imports to avoid the tariff," the company said. 
"Closing these loopholes will protect good American jobs and our national security."
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/social-media/25/02/43535256/palantir-adds-elon-musks-ai-chatbot-grok-to-aip">Palantir Adds Elon Musk&#8217;s AI Chatbot Grok To AIP</a></li>
</ul>
Image: Shutterstock

CENX

EU President Vows 'Firm And Proportionate Countermeasures' After Trump Imposes Steel, Aluminum Tariffs

High-rolling investors have positioned themselves bullish on Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in NUE often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for Nucor. This is not a typical pattern.
The sentiment among these major traders is split, with 55% bullish and 33% bearish. Among all the options we identified, there was one put, amounting to $111,625, and 8 calls, totaling $312,620.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $126.0 to $150.0 for Nucor over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Nucor's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Nucor's whale trades within a strike price range from $126.0 to $150.0 in the last 30 days. 
<h3>Nucor Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1739294160_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NUE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>02/14/25</td>
<td>$1.5</td>
<td>$1.3</td>
<td>$1.3</td>
<td>$137.00</td>
<td>$111.6K</td>
<td>1.0K</td>
<td>869</td>
</tr>
<tr>
<td>NUE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/17/25</td>
<td>$10.4</td>
<td>$10.1</td>
<td>$10.3</td>
<td>$135.00</td>
<td>$61.8K</td>
<td>433</td>
<td>107</td>
</tr>
<tr>
<td>NUE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$2.95</td>
<td>$2.8</td>
<td>$2.8</td>
<td>$140.00</td>
<td>$56.0K</td>
<td>1.8K</td>
<td>239</td>
</tr>
<tr>
<td>NUE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/14/25</td>
<td>$2.2</td>
<td>$1.85</td>
<td>$1.85</td>
<td>$140.00</td>
<td>$37.5K</td>
<td>3.1K</td>
<td>1.0K</td>
</tr>
<tr>
<td>NUE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$4.9</td>
<td>$4.4</td>
<td>$4.4</td>
<td>$145.00</td>
<td>$35.2K</td>
<td>320</td>
<td>83</td>
</tr>
</tbody>
</table>

<h3>About Nucor</h3>
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
<h3>Nucor's Current Market Status</h3>
<ul>
<li>Trading volume stands at 1,781,304, with NUE's price up by 1.77%, positioned at $139.96.</li>
<li>RSI indicators show the stock to be may be overbought.</li>
<li>Earnings announcement expected in 69 days.</li>
</ul>
<h3>What Analysts Are Saying About Nucor</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $147.75.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Nucor, maintaining a target price of $152. 
&#x2A; An analyst from Morgan Stanley has decided to maintain their Overweight rating on Nucor, which currently sits at a price target of $154. 
&#x2A; An analyst from JP Morgan persists with their Overweight rating on Nucor, maintaining a target price of $150. 
&#x2A; Consistent in their evaluation, an analyst from Jefferies keeps a Hold rating on Nucor with a target price of $135. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Nucor with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Check Out What Whales Are Doing With NUE

While <a href="https://www.benzinga.com/topic/tariffs">tariff chatter dominates</a> headlines, JPMorgan analyst Bill Peterson sees bigger implications for steel stocks beyond the political drama. 
His latest analysis highlights key players poised to benefit from higher pricing and shifting trade flows, setting up significant upside potential.
<h2 class="wp-block-heading">The Winners: Nucor, US Steel And Steel Dynamics</h2>
Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) remains Peterson's top pick, rated Overweight. Its product diversification gives it a structural advantage, helping to weather market volatility even as rate and trade policy uncertainty clouds the steel outlook.
The company is prioritizing profitability over volume, a strategy Peterson believes warrants a multiple expansion for both Nucor and the broader sector.
U.S. Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) also holds an Overweight rating. The key catalyst? Peterson views the stalled NSC deal as unlikely to go through, leaving U.S. Steel to stand alone with strong valuation support.
Easing capex requirements and a likely free cash flow inflection in 2025 could pave the way for share buybacks, while new growth projects add further upside.
Read Also: <a href="https://www.benzinga.com/25/02/43606220/united-states-steel-shares-are-up-today-whats-going-on">United States Steel Shares Are Up Today: What&#8217;s Going On?</a>
Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) lands a Neutral rating. The company's aluminum rolling mill (ADI) project could create long-term value, but Peterson sees a longer runway to meaningful impact.
Near-term, risks include potential pricing pressure on its Steel Fabrication segment and UBC spreads affecting ADI margins.
<h2 class="wp-block-heading">How Tariffs Fit In</h2>
The latest round of Section 232 tariffs—signed into action Monday evening—has already fueled a rally in steel stocks. While the broader market saw modest gains, steel stocks jumped 5% to 17% in anticipation of higher pricing. The HRC forward curve is already up ~10% since pre-election levels, and industry participants at the Tampa Steel Conference see a potential price range of $850-$900 per ton, with peaks near $1,000 per ton.
The biggest winners in a sustained high-price environment? 
Peterson sees stocks with high spot exposure—particularly U.S. Steel and Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>)—benefiting first. However, Nucor remains his long-term favorite, given its earnings stability in both strong and weak pricing environments.
<h2 class="wp-block-heading">Looking Ahead</h2>
The near-term setup is clear: higher steel prices, a favorable demand-supply dynamic, and strategic positioning give steel stocks room to run.
But the longer-term picture is less certain, with potential shifts in exemptions and demand-side risks looming. For now, though, Peterson's bullish stance suggests steel stocks remain well-positioned.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43603930/tech-stocks-surge-steelmakers-jump-on-trumps-25-tariffs-copper-hits-9-month-highs-whats-driving-markets-monday">Tech Stocks Surge, Steelmakers Jump On Trump&#8217;s 25% Tariffs, Copper Hits 9-Month Highs: What&#8217;s Driving Markets Monday?</a></li>
</ul>
Photo: Vladimir Mulder/Shutterstock.com.

Analyst Color

Long Ideas

Analyst Ratings

Tariffs Drive Steel Stock Gains As Analyst Highlights Catalysts For Nucor, US Steel

Frank Lavin, the former U.S. envoy to Singapore, cautioned that the tariffs imposed by President Donald Trump are &#8220;Punitive&#8221; and could result in job losses in the U.S.
What Happened: Lavin, in his conversation on <a href="https://www.cnbc.com/2025/02/11/trump-tariffs-are-punitive-former-us-ambassador-to-singapore-says-warns-of-us-job-losses.html">CNBC&#8217;s</a> &#8220;Street Signs Asia,&#8221; highlighted that the tariffs are not just symbolic but will &#8220;cost jobs&#8221; in the U.S. He further pointed out that the auto industry could face significant negative impacts.
"We're in for a bit of bad news in the near term."
Moreover, as Trump pledges a &#8220;reciprocal&#8221; approach to tariffs, Lavin stated that global trade will decline, making it challenging for other nations to respond effectively. Lavin also expressed concerns that the tariffs could create inefficiencies in the economy and drive up inflation, which might prompt the U.S. Federal Reserve to delay rate cuts.
SEE ALSO: <a href="https://www.benzinga.com/25/02/43606220/united-states-steel-shares-are-up-today-whats-going-on">United States Steel Shares Are Up Today: What&#8217;s Going On?</a>
Why It Matters: President Trump&#8217;s push for tariffs has already <a href="https://www.benzinga.com/25/02/43575460/4-tariff-proof-sectors-to-buy-for-2025">started impacting the financial markets</a>. Mirroring Lavin&#8217;s opinion, Former Treasury Secretary Larry Summers warned that the proposed tariffs would lead to "fewer American jobs, more American inflation, and probably a bigger trade deficit," questioning potential national security benefits from tariffing allies.
Additionally, the Economic Policy Institute stated U.S. exporters will not only lose international markets, but the decline in exports will lead to a surge in the domestic supply of their goods, driving prices down and ultimately lowering corporate profits.
Meanwhile, Wharton finance professor Jeremy Siegel, in a podcast, forecasted that the stock market&#8217;s response would be entirely contingent on the duration of the tariffs. "As long as these tariffs are in effect and are not lowered, it's very hard to see the stock market going up,&#8221; stated Siegel.
Yesterday, the shares of U.S. automakers like General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Lucid Motors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) lost close to 2% amid concerns over a rise in production costs due to the tariffs on metal imports. However, the announcement had a positive impact on the U.S. steelmakers. Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) surged over 17%, while Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) climbed 5.5% at the market close yesterday.
<ul>
<li>READ MORE: <a href="https://www.benzinga.com/government/regulations/25/02/43596413/corporate-americas-best-earnings-in-3-years-will-tariffs-end-wall-streets-honeymoon">Corporate America&#8217;s Best Earnings In 3 Years: Will Tariffs End Wall Street&#8217;s Honeymoon?</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

LCID

Trump's 'Punitive' Tariffs Could Lead To US Job Losses, Warns Former Envoy: 'We're In For A Bit Of Bad News In The Near Term'

Editor's Note: A typographical error in the headline of this story has been corrected.
Leading economists criticized former President Donald Trump&#8216;s plan to reimpose 25% tariffs on metal imports, while U.S. steel stocks rallied sharply during Monday&#8217;s trading session amid expectations of <a href="https://www.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">reduced foreign competition</a>.
What Happened: Former Treasury Secretary Larry Summers warned the proposed tariffs would lead to &#8220;fewer American jobs, more American inflation, and probably a bigger trade deficit,&#8221; questioning potential national security benefits from tariffing allies. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I&#39;m sorry that Trump&#39;s threatened steel and aluminum tariffs have now been implemented. This will mean fewer American jobs, more American inflation and because of damage to us exports probably a bigger trade deficit. I do not see any national security gain from tariffing Canada.
&mdash; Lawrence H. Summers (@LHSummers) <a href="https://twitter.com/LHSummers/status/1889114367645344099?ref_src=twsrc%5Etfw">February 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Jason Furman, former Chair of the Council of Economic Advisers under former President Barack Obama, called the policy a &#8220;self-inflicted wound&#8221; that would raise input costs for American manufacturers.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Public policy shouldn't aim to help manufacturing. But nor should it aim to hurt manufacturing. And that is exactly what steel and aluminum tariffs do, raising input costs for American manufacturers. Not to mention raising borrowing costs &amp; the dollar. A self inflicted wound.
&mdash; Jason Furman (@jasonfurman) <a href="https://twitter.com/jasonfurman/status/1889115505044177308?ref_src=twsrc%5Etfw">February 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Steel stocks <a href="https://www.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">responded positively to the announcement</a>, with Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) surging 23%, while Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) and Steel Dynamics Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NYSE">STLD</a>) gained 6.52% and 5.75% respectively. United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) advanced 6.63%, and Century Aluminum Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) rose 14.1%.
The tariffs announced by Trump would apply to all countries without exemptions. The policy mirrors his 2018 measures that imposed 25% duties on steel and 10% on aluminum imports, citing <a href="https://www.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">national security concerns</a>.
Market analyst Peter Schiff cautioned about broader economic implications: &#8220;Everything that American companies manufacture or build that requires steel or aluminum, such as cars, aircraft, appliances, and houses will cost more.&#8221; 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Trump imposed 25% tariffs on steel and aluminum imports. That means not only will steel and aluminum cost Americans 25% more, but everything that American companies manufacture or build that requires steel or aluminum, such as cars, aircraft, appliances, &amp; houses will cost more.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1889094246545736007?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/02/43605813/oil-prices-energy-stocks-jump-as-gaza-ceasefire-risks-collapse-on-rising-hamas-israel-tensions">Oil Prices, Energy Stocks Jump As Gaza Ceasefire Risks Collapse On Rising Hamas-Israel Tensions</a>
Why It Matters: Benn Steil, director of international economics at the Council on Foreign Relations, noted <a href="https://www.benzinga.com/markets/equities/25/02/43583123/trump-to-announce-25-steel-and-aluminum-tariffs-economist-warns-president-is-making-us-manufacturing-globally-uncompetitive">the disproportionate impact</a> on Sunday, citing that &#8220;Steel-using firms employ over 5 million Americans&#8230; Steel-intensive industries account for over 20% of U.S. manufacturing output.&#8221;
The impact could be particularly significant for U.S.-Canada trade relations. According to U.S. Census Bureau data, Canada exported $11.2 billion in steel and $9.5 billion in aluminum to the U.S. in 2024. Canadian Innovation Minister Francois-Philippe Champagne emphasized the critical role of Canadian metals in <a href="https://in.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">U.S. defense and manufacturing sectors</a>.
The automotive industry, which employs 7 million Americans, could face significant challenges from higher material costs. European steelmakers, including German manufacturer Salzgitter, warned the tariffs could redirect excess global supply toward their markets, potentially destabilizing <a href="https://in.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">international trade dynamics</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/25/02/43608052/traders-rethink-interest-rate-path-as-inflation-concerns-resume-feds-rate-cutting-cycle-is-over-economist-says">Traders Rethink Interest-Rate Path As Inflation Concerns Resume: &#8216;Fed&#8217;s Rate-Cutting Cycle Is Over,&#8217; Economist Says</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Trump's 25% Tariffs A 'Self-Inflicted Wound,' Says Economist Amid Warnings Of Fewer American Jobs — Peter Schiff Says You'll Pay More For Cars And Homes (CORRECTED)

Wall Street bounced back on Monday, recovering from Friday's robust decline fueled by tariff concerns, as investors remained focused on strong earnings from the fourth-quarter reporting season while awaiting further <a href="https://www.benzinga.com/government/regulations/25/02/43596413/corporate-americas-best-earnings-in-3-years-will-tariffs-end-wall-streets-honeymoon">clarity on trade policies.</a>
The Nasdaq 100 jumped 1.3% by midday in New York, poised for its best session in over three weeks, with semiconductor stocks leading the charge. 
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) gained 3.4%, buoyed by a Wall Street Journal <a href="https://www.wsj.com/articles/new-york-state-bans-deepseek-from-government-devices-de7a9df4">report</a> announcing that New York State banned DeepSeek from government devices, sparking speculation about stricter state regulations on Chinese AI chip products.
Steel and aluminum stocks rallied after President Donald Trump announced plans to impose a 25% tariff on imports of both <a href="https://www.benzinga.com/government/regulations/25/02/43592144/us-steel-aluminum-stocks-rally-as-trump-revives-25-tariff-plan">metals from all countries.</a>
<ul>
<li>United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) rose 4.7%, eyeing its best session in a month.</li>
<li>Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) climbed 5.5%.</li>
<li>Century Aluminum Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) jumped 10.4%, while Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) gained 6.5%.</li>
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) soared 17.3%, Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) rose 3.6%, and Kaiser Aluminum Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALU#NASDAQ">KALU</a>) added 2.9%.</li>
</ul>
Commodities rallied, with metals and energy producers outperforming. Gold extended record highs with a 1.5% gain, but copper stole the spotlight, surging 2.6% to its highest level since May 2024, marking its sixth consecutive daily gain. Oil prices also rebounded, rising over 1%.
Crypto sentiment improved slightly, with Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gaining 1% to $97,500 after a period of subdued price action.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>1-day %change</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,778.76</td>
<td>1.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>6,069.92</td>
<td>0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,291.54</td>
<td>0.5%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>44,437.68</td>
<td>0.3%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent020325&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;rose 0.7% to $604.81.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) inched 0.3% up to $444.50.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 1.3% to $529.73.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.6% to $227.25.</li>
<li>The&nbsp;Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 2%; the&nbsp;Financials Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) lagged, down 0.7%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports included:
<ul>
<li>McDonald&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>): up 3.8%</li>
<li>Rockwell Automation Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>): up 12.8%</li>
<li>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>): down 6.6%</li>
<li>monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>): up 30.3%</li>
<li>Insperity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NSP#NYSE">NSP</a>): up 14.7%</li>
<li>Edgewell Personal Care Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EPC#NYSE">EPC</a>): down 9.7%</li>
<li>CNA Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNA#NYSE">CNA</a>): up 2.1%</li>
<li>Incyte Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INCY#NASDAQ">INCY</a>): down 6.0%</li>
<li>Roivant Sciences Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIV#NASDAQ">ROIV</a>): up 1.1%</li>
<li>GCM Grosvenor Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GCMG#NASDAQ">GCMG</a>): up 3.8%</li>
<li>PowerFleet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIOT#NASDAQ">AIOT</a>): up 32.3%</li>
</ul>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/global/25/02/43600852/china-sets-sights-on-us-tech-companies-as-trade-tensions-rise">China Sets Sights On Apple, Nvidia And Other US Tech Companies As Trade Tensions Rise</a></li>
</ul>
Photo: Shutterstock

Government

Large Cap

Regulations

Econ #s

Tech

$BTC

AIOT

SPDR Dow Jones Industrial Average ETF Trust

GCMG

INCY

KALU

MNDY

NVDA

ROIV

Select Sector SPDR-Consumer Discretionary

Tech Stocks Surge, Steelmakers Jump On Trump's 25% Tariffs, Copper Hits 9-Month Highs: What's Driving Markets Monday?

<figure class="wp-block-image size-large"><img decoding="async" src="https://thearorareport.com/wp-content/uploads/2025/02/2025-02-10_08h28_44.png" alt="" /></figure>
To gain an edge, this is what you need to know today.
<h4 class="wp-block-heading">New Tariffs</h4>
Please <a href="https://thearorareport.com/chart-analysis-stock-market-china-gold-steel-tariffs-nue-mc-02102025">click here</a> for a chart of Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>).
Note the following:
<ul>
<li>This article is about the big picture, not an individual stock.&nbsp; The chart of NUE is being used to illustrate the point.</li>
<li>NUE is the biggest steel maker in the U.S.</li>
<li>The chart shows when the stock started falling on weakening steel demand.</li>
<li>The chart shows when earnings were reported.&nbsp; NUE guided earnings below consensus.</li>
<li>The chart shows the stock has been rising in anticipation of Trump imposing tariffs.</li>
<li>The chart shows that the stock is gapping up this morning on Trump imposing 25% tariffs on all steel and aluminum from all countries.</li>
<li>Trump is also threatening that he will impose reciprocal tariffs this week. The threat of reciprocal tariffs, in The Arora Report analysis, will be a much bigger deal.</li>
<li>What a difference a week makes. Last Monday, the stock market opened down significantly when Trump had not removed the tariffs on Canada and Mexico.  Today, on Trump imposing tariffs on steel and aluminum, the momo crowd is aggressively buying stocks.  </li>
<li>In The Arora Report analysis, Trump is not likely to quickly back off from the tariffs on steel and aluminum like he previously did with Canada and Mexico.&nbsp;&nbsp;</li>
<li>At one time, China was the biggest exporter of steel and aluminum to the U.S.&nbsp; Now, Canada is the biggest exporter of steel and aluminum to the U.S. Canada produces a lot of steel and aluminum but it also gets a lot of steel and aluminum from China.</li>
<li>China has freed up billions of dollars to buy gold.&nbsp; Please see the gold section below.</li>
<li>In The Arora Report analysis, prudent investors need to make a special note of momo crowd behavior.&nbsp; The momo crowd is now buying stocks on Trump imposing tariffs.&nbsp; Yet, tariffs pose a risk.&nbsp; As such, logic would dictate trimming stocks, not buying stocks, on the imposition of tariffs.&nbsp; In The Arora Report analysis, part of the momo crowd's actions are the result of Trump's rising popularity.&nbsp; A CBS poll shows Trump's approval rating is at a new high.</li>
<li>Sentiment remains in the extreme positive zone.  The momo crowd buying last week was the most aggressive since late 2021.  You may recall a bear market ensued in 2022 when Nasdaq lost 33%.  As a reminder, sentiment is a contrary indicator.  In plain English, extreme positive sentiment is a sell signal.  However, as we have previously shared, sentiment is not a precise timing signal.  Investors should use a 360 degree analysis, such as the adaptive ZYX Asset Allocation Model with inputs in ten categories.</li>
<li>This is a big week for inflation data.&nbsp; Consumer Price Index (CPI) will be released on Wednesday at 8:30am ET.&nbsp; Producer Price Index (PPI) will be released on Thursday at 8:30am ET.</li>
</ul>
<h4 class="wp-block-heading">Magnificent Seven Money Flows</h4>
In the early trade, money flows are positive in Apple Inc (AAPL), Amazon.com, Inc. (AMZN), Alphabet Inc Class C(GOOG), Meta Platforms Inc (META), Microsoft Corp (MSFT), and NVIDIA Corp (NVDA).
In the early trade, money flows are negative in Tesla Inc (TSLA).
In the early trade, money flows are positive in SPDR S&amp;P 500 ETF Trust (SPY) and Invesco QQQ Trust Series 1 (QQQ).
<h4 class="wp-block-heading">Momo Crowd And Smart Money In Stocks</h4>
Investors can gain an edge by knowing money flows in SPY and QQQ.  Investors can get a bigger edge by knowing when smart money is buying stocks, gold, and oil.  The most popular ETF for gold is SPDR Gold Trust (GLD).  The most popular ETF for silver is iShares Silver Trust (SLV).  The most popular ETF for oil is United States Oil ETF (USO).
<h4 class="wp-block-heading">Bitcoin</h4>
Bitcoin is range bound.
<h4 class="wp-block-heading">Protection Band And What To Do Now</h4>
It is important for investors to look ahead and not in the rearview mirror.&nbsp; The proprietary protection band from The Arora Report is very popular.&nbsp; The protection band puts all of the data, all of the indicators, all of the news, all of the crosscurrents, all of the models, and all of the analysis in an analytical framework that is easily actionable by investors.
Consider continuing to hold good, very long term, existing positions. Based on individual risk preference, consider a protection band consisting of cash or Treasury bills or short-term tactical trades as well as short to medium term hedges and short term hedges. This is a good way to protect yourself and participate in the upside at the same time.
You can determine your protection bands by adding cash to hedges.&nbsp; The high band of the protection is appropriate for those who are older or conservative. The low band of the protection is appropriate for those who are younger or aggressive.&nbsp; If you do not hedge, the total cash level should be more than stated above but significantly less than cash plus hedges.
A protection band of 0% would be very bullish and would indicate full investment with 0% in cash.&nbsp; A protection band of 100% would be very bearish and would indicate a need for aggressive protection with cash and hedges or aggressive short selling.
It is worth reminding that you cannot take advantage of new upcoming opportunities if you are not holding enough cash.&nbsp; When adjusting hedge levels, consider adjusting partial stop quantities for stock positions (non ETF); consider using wider stops on remaining quantities and also allowing more room for high beta stocks.&nbsp; High beta stocks are the ones that move more than the market.
<h4 class="wp-block-heading">Traditional 60/40 Portfolio</h4>
Probability based risk reward adjusted for inflation does not favor long duration strategic bond allocation at this time.
Those who want to stick to traditional 60% allocation to stocks and 40% to bonds may consider focusing on only high quality bonds and bonds of five year duration or less.&nbsp; Those willing to bring sophistication to their investing may consider using bond ETFs as tactical positions and not strategic positions at this time.
The Arora Report is known for its accurate calls. The Arora Report correctly called the big artificial intelligence rally before anyone else, the new bull market of 2023, the bear market of 2022, new stock market highs right after the virus low in 2020, the virus drop in 2020, the DJIA rally to 30,000 when it was trading at 16,000, the start of a mega bull market in 2009, and the financial crash of 2008. Please click here to sign up for a free forever <a href="https://thearorareport.com/generate-wealth-newsletter-benzinga">Generate Wealth Newsletter</a>.

Momo Crowd Buys Stocks On Trump Imposing New Tariffs, China Frees Up Billions To Buy Gold

Steel and aluminum stocks jumped Monday in premarket trading after President Donald Trump said he would reintroduce 25% tariffs <a href="https://www.benzinga.com/topic/metals">on imported metals</a>.
The move aims to reshape global trade <a href="https://www.benzinga.com/news/econ-s">and revive domestic production</a>, but also reignites trade tensions that defined his first term.
What Happened: In a statement aboard Air Force One on Sunday, Trump said the tariffs would apply to all countries, without specifying when they would take effect.
Markets reacted swiftly, with shares of major American steel and aluminum producers rallying ahead of the opening bell
Steel and aluminum stocks soared in premarket trading as investors quickly priced in the potential benefits for domestic metal producers.
Century Aluminum Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) gained 10.4%, Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) climbed 7.2%, and Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) rose 7%. Alcoa Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AA#NYSE">AA</a>) up 5.2% and Kaiser Aluminum Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KALU#NASDAQ">KALU</a>) gained 2.5%. 
United States Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), which has faced pressure from foreign competition, advanced 4.3%, while Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) added 5.4%.
Read Also: <a href="https://www.benzinga.com/25/02/43587918/donald-trumps-expected-tariffs-on-aluminum-steel-imports-may-impact-domestic-companies-heres-a-list-of-metal-etfs-that-could-be-affected">Donald Trump&#8217;s Expected Tariffs On Aluminum, Steel Imports May Impact Domestic Companies: Here&#8217;s A List Of Metal ETFs That Could Be Affected</a>
Why It Matters: Tariffs have major implications for U.S. manufacturers, foreign exporters, and global supply chains. They also risk retaliatory measures from key U.S. trading partners.
Trump first imposed tariffs on steel and aluminum in 2018, citing national security concerns. Those duties—25% on steel and 10% on aluminum—aimed to protect domestic manufacturers from what he called unfair competition, particularly from China.
The policy sparked backlash from U.S. allies, including Canada and Mexico, but also drove up prices, boosting profits for domestic producers.
U.S. Census Bureau data shows that in 2024, the U.S. imported: 
<ul>
<li>$11.2 billion worth of steel from Canada; $9.5 billion worth of aluminum</li>
<li>$6.5 billion from Mexico; just under $1 billion in aluminum from Mexico.</li>
</ul>
&#8220;Canadian steel and aluminum support key industries in the U.S., from defense and shipbuilding to auto manufacturing,&#8221; Canadian Innovation Minister Francois-Philippe Champagne posted on X, adding that &#8220;We will continue to defend Canada, our workers and our industries.&#8221;
European steelmakers warned that tariffs could push excess global supply toward their markets.
&#8220;The measures would lead to further volume diversions to Europe, increasing import pressure due to overcapacity from China and other countries,&#8221; said Olaf Reinecke, CEO of German steelmaker Salzgitter.
What&#8217;s Next: Trump indicated plans to introduce reciprocal tariffs in the coming days, matching rates imposed by other countries on U.S. goods. These measures could take effect almost immediately.
&#8220;After the back and forth on Canada and Mexico tariffs, markets have distanced themselves from trading any tariff announcements,&#8221; said Robin Brooks, economist at the Brookings Institution. &#8220;Tariffs are not priced.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">After the back and forth on Canada and Mexico tariffs, markets have distanced themselves from trading any tariff announcements. So last night&#39;s news of steel and aluminum tariffs &#8211; which hit Canada and Mexico significantly &#8211; is largely being ignored. Tariffs are NOT priced&#8230; <a href="https://t.co/QfV67R3bN7">pic.twitter.com/QfV67R3bN7</a>
&mdash; Robin Brooks (@robin_j_brooks) <a href="https://twitter.com/robin_j_brooks/status/1888934023549854054?ref_src=twsrc%5Etfw">February 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/02/43574215/trumps-tax-plans-could-slash-revenue-by-11-trillion">Trump&#8217;s Tax Plans Could Push Debt To 149% Of GDP: Report Says White House Relies On &#8216;Fantasy Math&#8217;</a></li>
</ul>
Image: Shutterstock

US Steel, Aluminum Stocks Rally As Trump Revives 25% Tariff Plan

Shares of steel and aluminum stocks are trading higher after reports President Trump plans additional 25% tariffs on steel and aluminum.

President Donald Trump announced plans to impose a 25% tariff on all steel and aluminum imports, reigniting trade tensions reminiscent of his 2018 metal tariffs policy. 
What Happened: The announcement was made during his flight to New Orleans for the Super Bowl, according to Reuters.
Canada, the largest U.S. steel import source with $8.3 billion in 2021 shipments, announced retaliatory tariffs of 25% on U.S. goods. Mexico is the second-largest steel supplier at over $5 billion in imports. Brazil ($3.2 billion), South Korea ($2.8 billion), and Germany ($1.5 billion) round out the top five steel importers to the U.S., <a href="https://www.statista.com/statistics/196154/value-of-us-imports-of-iron-and-steel-by-origin/">according</a> to Statista data.
Prime Minister Justin Trudeau urged Canadians to &#8220;choose Canada&#8221; in product selections, highlighting the stakes for a country that serves as the largest export market for 36 U.S. states.
The move threatens to disproportionately impact U.S. manufacturing, according to Benn Steil, director of international economics at the Council on Foreign Relations. &#8220;Steel-using firms employ over 5 million Americans&#8230; Steel-intensive industries account for over 20% of US manufacturing output,&#8221; Steil said on X, adding &#8221; At a stroke, Trump is making US manufacturing globally uncompetitive.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">US steel-producing firms employ 140,000 Americans. US steel-using firms employ over 5 million Americans. Steel-intensive industries account for over 20% of US manufacturing output. At a stroke, Trump is making US manufacturing globally uncompetitive.<a href="https://t.co/r0dbkaVALP">https://t.co/r0dbkaVALP</a>
&mdash; Benn Steil (@BennSteil) <a href="https://twitter.com/BennSteil/status/1888710878578483267?ref_src=twsrc%5Etfw">February 9, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/25/02/43582659/trump-says-canada-much-better-off-being-the-51st-state-the-border-with-us-is-just-a-line">Trump Says Canada Much Better Off Being The 51st State: The Border With US Is &#8216;Just A Line&#8217;</a>
Why It Matters: While domestic steel producers like U.S. Steel Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) and Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) stand to benefit from reduced competition, the tariffs pose challenges for steel-consuming industries. 
The automotive sector, which previously faced headwinds from similar 2018 tariffs, could see increased production costs. The American Automotive Policy Council, representing Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), and other automakers, has historically opposed such measures, citing risks to the industry&#8217;s 7 million American jobs, <a href="https://www.foxbusiness.com/features/trump-tariff-on-steel-and-aluminum-winners-and-losers?utm_source=chatgpt.com">according</a> to Fox News.
Trump also addressed the pending Nippon Steel (OTC:<a class="ticker" href="https://www.benzinga.com/stock/NPSCY#OTC">NPSCY</a>) investment in U.S. Steel, stating the U.S. government would permit investment but prevent majority control.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/sports/25/02/43581322/super-bowl-lix-where-and-how-to-watch-the-kansas-city-chiefs-vs-philadelphia-eagles-live-today">Super Bowl LIX: Where and How To Watch the Kansas City Chiefs vs. Philadelphia Eagles Live Today</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

NPSCY

Trump To Announce 25% Steel And Aluminum Tariffs — Economist Warns President Is 'Making US Manufacturing Globally Uncompetitive'

Morgan Stanley analyst Carlos De Alba maintains Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) with a Overweight and lowers the price target from $166 to $154.

Price Target

Morgan Stanley Maintains Overweight on Nucor, Lowers Price Target to $154

Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) posted better-than-expected fourth-quarter financial results, after the <a href="https://www.benzinga.com/news/earnings/25/01/43253829/nucor-q4-earnings-revenue-beat-eps-beat-steel-shipments-down-2-market-conditions-starting-to-improve">closing bell on Monday</a>.
Nucor reported fourth-quarter revenue of $7.08 billion, beating analyst estimates of $6.76 billion, according to Benzinga Pro. The steelmaker reported fourth-quarter earnings of $1.22 per share, beating analyst estimates of 65 cents per share.
"While steel demand softened throughout 2024, market conditions are starting to improve and should gain momentum as we work our way into 2025. The U.S. economy is still on the front end of several steel-intensive megatrends and as America's largest and most diversified steel producer, Nucor is well positioned to supply those needs," said Leon Topalian, chair, president and CEO of Nucor.
Nucor expects first-quarter earnings in the steel mills and steel products segments "to be similar" to the first quarter of 2024, while earnings in the raw materials segment are expected to decrease.
Nucor shares gained 3.8% to close at $126.55 on Tuesday.
These analysts made changes to their price targets on Nucor following earnings announcement.
<ul>
<li>Jefferies analyst Christopher LeFemina maintained Nucor with a Hold and raised the price target from $125 to $135.</li>
<li>JP Morgan analyst Bill Peterson maintained Nucor with an Overweight and lowered the price target from $152 to $150.</li>
</ul>
Considering buying NUE stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="495" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29092832/image-235-1024x495.png" alt="" class="wp-image-755954" style="width:511px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29092832/image-235-1024x495.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29092832/image-235-300x145.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29092832/image-235-768x372.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/01/29092832/image-235.png 1141w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/01/43301090/how-to-earn-500-a-month-from-meta-platforms-stock-ahead-of-q4-earnings">How To Earn $500 A Month From Meta Platforms Stock Ahead Of Q4 Earnings</a></li>
</ul>

Earnings

Pre-Market Outlook

These Analysts Revise Their Forecasts On Nucor Following Q4 Results

Press Releases

U.S. Steelmakers Gird for $1 Billion in First-Quarter Kickoffs, an Industrial Info News Alert

Dividends

Nucor Announces Increase in Cash Dividend

Nucor Announces Guidance for the Fourth Quarter of 2024 Earnings

Nucor Towers & Structures Expanding Nationwide Footprint

Nucor Invites You to Join Its Fourth Quarter of 2024 Conference Call on the Web

Nucor's Emissions Targets Certified by the Global Steel Climate Council

Nucor Reports Results for the Fourth Quarter and Full Year 2024

Nucor Announces 208th Consecutive Cash Dividend

Nucor Executive Vice President Gregory J. Murphy to Retire; Benjamin M. Pickett and Douglas R. Wilner to be Promoted

Alpha Metallurgical Resources, Inc. Common Stock

Alpha Metallurgical

Cleveland-Cliffs

Commercial Metals

Carpenter Technology Corporation Common Stock

Carpenter Tech

Gerdau

Warrior Met Coal

Ramaco Resources, Inc. - Class A Common Stock

Ramaco Resources

Ramaco Resources, Inc. - Class B Common Stock

Mesabi Tr

ArcelorMittal

Metallus

POSCO HOLDINGS INC. American Depositary Shares (Each representing 1/4th of a share of Common Stock)

POSCO Holdings

Radius Recycling, Inc. - Class A Common Stock

Radius Recycling

Reliance

Ryerson Holding

Companhia Siderurgica Nacional S.A. Common Stock

Companhia Siderurgica

Grupo Simec, S.A.B. de C.V. American Depositary Shares

Grupo Simec

Steel Dynamics

SunCoke Energy

Ternium S.A. Ternium S.A. American Depositary Shares (each representing ten shares, USD1.00 par value)

Comments

Nucor

ニュース

パートナーシップ

ベンジンガ・グローバル