U.S. Steelmakers' Stocks Rise Premarket Ahead of Trump Tariffs -- Market Talk

Dow Jones

02-10

1115 GMT - Shares of U.S. steelmakers rise premarket after President Trump said he plans to impose 25% tariffs Monday on steel and aluminum imports. U.S. Steel shares are up 8.3% in premarket trading after closing last week at $36.93. Nucor shares are also up 8.5%, while Steel Dynamics shares are 5.7% higher. Nucor shares closed last week at $130.26 while Steel Dynamics closed at $126.71. President Trump announced plans to introduce 25% tariffs on imports of steel and aluminum, with the levies applying to every nation exporting the metals to the U.S. (pierre.bertrand@wsj.com)

(END) Dow Jones Newswires

February 10, 2025 06:15 ET (11:15 GMT)

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