Ultime notizie per Steel Dynamics (NASDAQ:STLD) Azioni

STEEL DYNAMICS INC

Steel Dynamics

Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.

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Steel Dynamics Inc

6 analysts have expressed a variety of opinions on Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Steel Dynamics, revealing an average target of $142.0, a high estimate of $149.00, and a low estimate of $135.00. Observing a 2.16% increase, the current average has risen from the previous average price target of $139.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1750449626_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
The standing of Steel Dynamics among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Carlos De Alba</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$145.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Carlos De Alba</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$140.00</td>
<td>$145.00</td>
</tr>
<tr>
<td>Bill Peterson</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$138.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Bill Peterson</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$135.00</td>
<td>$140.00</td>
</tr>
<tr>
<td>Katja Jancic</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$145.00</td>
<td>$135.00</td>
</tr>
<tr>
<td>Andrew Jones</td>
<td>UBS</td>
<td>Announces</td>
<td>Buy</td>
<td>$149.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Steel Dynamics. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Steel Dynamics compared to the broader market.</li>
<li>Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Steel Dynamics's stock. This examination reveals shifts in analysts' expectations over time.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Steel Dynamics's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/STLD/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Steel Dynamics analyst ratings.</a>
<h2>Unveiling the Story Behind Steel Dynamics</h2>
Steel Dynamics Inc operates as a domestic steel producer and metal recycler in the United States. The company's product portfolio comprises hot rolled sheet, hot rolled plate, painted sheet products, cold rolled sheet, and others. Its reportable segments are steel operations, metals recycling operations, steel fabrication operations, and aluminum operations. Maximum revenue is generated from its steel operations segment, which consists of manufacturing various steel products and numerous coating operations. Its primary sources of revenue are currently from the manufacture and sale of steel products, the processing and sale of recycled ferrous and nonferrous metals, and the fabrication and sale of steel joists and deck products.
<h3>A Deep Dive into Steel Dynamics's Financials</h3>
Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.
Revenue Growth: Steel Dynamics's revenue growth over a period of 3M has faced challenges. As of 31 March, 2025, the company experienced a revenue decline of approximately -6.92%. This indicates a decrease in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 4.97%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Steel Dynamics's ROE excels beyond industry benchmarks, reaching 2.45%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Steel Dynamics's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.41% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.48.
<h2>Analyst Ratings: What Are They?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

6 Analysts Assess Steel Dynamics: What You Need To Know

Morgan Stanley analyst Carlos De Alba maintains Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) with a Overweight and raises the price target from $140 to $145.

Price Target

Morgan Stanley Maintains Overweight on Steel Dynamics, Raises Price Target to $145

Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) on Wednesday announced <a target="_blank" href="https://www.benzinga.com/pressreleases/25/06/n45992939/steel-dynamics-provides-second-quarter-2025-earnings-guidance" rel="noreferrer noopener">guidance for second-quarter 2025</a> earnings, projecting between $2.00 and $2.04 per share. The outlook falls short of the $2.64 consensus estimate but improves on the prior quarter&#8217;s $1.44. It also remains below the $2.72 reported in the same period a year ago.
The company anticipates improved profitability from its core steel operations, driven by wider metal spreads and average steel prices rising faster than raw material costs. However, pretax earnings for the segment were reduced by about $32 million due to a noncash write-off of consumable assets.
Also Read: <a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/25/06/45873964/steel-stocks-slide-on-potential-us-mexico-tariff-deal-report" rel="noreferrer noopener">Steel Stocks Slide On Potential US-Mexico Tariff Deal: Report</a>
Steel fabrication earnings are expected to decline quarter-over-quarter due to compressed margins despite stable shipment volumes and rising input costs. Still, the order backlog improved and extends through 2025, supported by manufacturing investment and U.S. infrastructure initiatives.
The company expects steady performance in its metals recycling segment as stronger volumes offset lower pricing.
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Commissioning of Steel Dynamics&#8217; new aluminum facilities in Mississippi and Mexico remains on track. First casting milestones were completed earlier this year, and initial shipments are expected by mid-2025.
As of June 11, the company had repurchased $179 million of its common stock, roughly 1% of shares outstanding.
Related ETFs: SPDR S&amp;P Metals and Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>), VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>)
Price Action: STLD shares are trading lower by 2.44% at $129.91 premarket at the last check Wednesday.
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Guidance

Commodities

Steel Dynamics Sees Q2 Rebound From Q1 But Still Trails Street Forecast

Steel Dynamics Sees Q2 EPS $2.00-$2.04

The S&amp;P Steel Index is gaining in 2025, buoyed by a combination of tariff leverage, robust balance sheets, and strong returns on capital.
Year to date, the S&amp;P Steel Sub-Industry Index is up 8.40% as of June 12, as the US steel sector stabilizes. It has room to grow over the short term after President Trump's decision to double US steel tariff imports from 25% to 50% as of June 4, 2025, following a new executive order.
But tariffs aren&#8217;t the only reason steel stocks are rising.
The trade policy shift, announced in late May during a rally at a U.S. Steel factory near Pittsburgh, immediately sent steel stocks soaring, with Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) rising 26% in a single day following the announcement, while Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) and Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) saw gains of 10-11%. "The tariffs effectively raise the price floor for steel in the U.S. market by making imported steel significantly more expensive," said Tracy Shuchart, senior economist at NinjaTrader in New York City. "According to market data, benchmark steel prices have already increased from $725 per metric ton before the tariff announcement to $875 per metric ton currently."
It&#8217;s not only tariffs that are supporting steel industry gains.
"Steel's rally is a mix of short-term catalysts and long-term structural forces," said Dan Buckley, chief analyst at DayTrading.com. "US tariffs are boosting expectations for domestic producers, while sustained federal spending on infrastructure and reshoring is aiding durable demand."
"Add in supply chain restocking, auto sector recovery, and disciplined capital returns from top players like Nucor and Steel Dynamics, and the sector is showing a more stable profile," Buckley added.
The tariff portion of that equation may not have a long shelf life, so investors should proceed cautiously. Talks between the U.S. and Mexico are already underway to curb the 50% tariff figure.
"For example, the two countries are exploring a quota system that would allow a specific amount of Mexican steel to enter the U.S. duty-free or at lower rates, with only excess amounts subject to the full 50% levy," Shuchart noted. "This negotiation explains why some steel stocks like Nucor fell 6.1% on June 11, as investors reacted to the possibility of tariff exemptions. The European Union has also strongly opposed the increased tariffs, warning of potential countermeasures."
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Investors should factor in other supportive steel sector impactors also driving industry stocks forward. Shuchart points to infrastructure investment, where ongoing and planned infrastructure projects drive demand for steel products across the United States.
Domestic construction activity is up, too, and in high-growth areas.
"Despite higher interest rates, commercial construction remains relatively robust, supporting demand for structural steel," Shuchart said. "Additionally, key steel-consuming industries like automotive and machinery manufacturing have shown surprising resilience in 2025, and the expansion of renewable energy infrastructure requires significant steel inputs, creating a new demand source for the industry.&#8221;
With a strong tailwind from U.S. government policy and solid fundamentals from the steel sector in place, which steel stocks make the most sense for investors right now? These three steel plays could add a profitable element to your portfolio.
<h2 class="wp-block-heading">Nucor</h2>
Trading at $121 per share and 4.4% over the past month, Charlotte, N.C.-based Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), a steel products manufacturer, also offers a sturdy 1.82% dividend yield.
"Despite recent volatility due to potential Mexico tariff negotiations, Nucor remains the premier U.S. steel producer with industry-leading margins, a strong balance sheet, and consistent dividend growth," Shuchar said. "Its EAF production model provides cost flexibility, and its diverse product mix offers exposure to multiple end markets."
<h2 class="wp-block-heading">Steel Dynamics</h2>
At $133 per share and with a 1.50% dividend yield, Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) is up a healthy 16.7% year to date. However, the stock (like Nucor) is down moderately this week after the US-Mexico tariff negotiations went public. Wall Street is buzzing over those talks, which could center on reducing or even removing the 50% tariffs to a lower amount based on historical trade volumes.
Yet there's a lot to like about Steel Dynamics, which, like Nucor, offers investors operational efficiency and one of the lowest production cost structures in the industry. "The company has been expanding its value-added product portfolio, which should support margins even if base steel prices moderate," Shuchar said.
<h2 class="wp-block-heading">ArcelorMittal</h2>
Buckley is bullish on the Luxembourg-based ArcelorMittal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MT#NYSE">MT</a>), which engages in steelmaking and mining activity. "MT adds global diversification" to the manufacturing section of an investment portfolio," Buckley said. MT shares are up 30.6% year to date at $30 per share with a 1.55% dividend yield.
MT could also benefit from Nippon Steel's purchase of US Steel. Under an agreement inked in October 2024, ArcelorMittal is set up to purchase Nippon's 50% share in a joint venture deal for $1. In addition, MT will deep-six $1 billion of joint venture shareholder loans in an agreement that JP Morgan analyst Dominic O'Kane called a "major positive" for ArcelorMittal.
<h2 class="wp-block-heading">Look for Solid Fundamentals with Steel Stocks</h2>
Don't hit any "buy" buttons on steel stocks until you grasp a company's underlying fundamentals, even if the tariff wars seem to be working out in your favor.
Buckley said investors should prioritize key factors with steel companies. In his view, the best steel investments combine:
<ul class="wp-block-list">
<li>Cost-efficient production.</li>
<li>Strong returns on capital.</li>
<li>Strong balance sheets (i.e., low net debt, high-interest coverage, ample cash reserves, stable working capital, prudent capital expenditure discipline).</li>
<li>Quality net margins (i.e., a ~5% net margin is a solid baseline for this sector, and a 7- 10% range is excellent).</li>
</ul>
"Industry companies with high-margin, value-added products and sustainable dividend growth are best, rather than chasing commodity pricing volatility compared to the overall market," Buckley said. "Overall, steel stocks are less about chasing trends and more about aligning with the economic security playbook we're seeing as a geopolitical theme."
Editorial content from our expert contributors is intended to be information for the general public and not individualized investment advice. Editors/contributors are presenting their individual opinions and strategies, which are neither expressly nor impliedly approved or endorsed by Benzinga.
Photo: Shutterstock

Opinion

3 Steel Stocks To Get You Through The Market's Troubles

WIIM

Shares of steel companies are trading lower following a report suggesting the US and Mexico are nearing a deal that would remove the Trump Administration's 50% tariffs on steel imports up to a certain volume.

Shares of steel companies are moving lower in Tuesday&#8217;s after-hours session following reports the U.S. and Mexico are nearing a deal that would remove the Trump Administration&#8217;s tariffs <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">on steel imports</a>.
What To Know: The U.S. and Mexico could soon announce an agreement that would see President Donald Trump&#8217;s 50% tariffs on steel imports removed up to a specified amount based on historical trade volumes, <a href="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports">Bloomberg</a> reported on Tuesday. 
People familiar with the matter reportedly said Commerce Secretary Howard Lutnick is leading talks on the potential deal, which would still need to be approved by Trump. Trump negotiated a similar deal during his first term. This time around, the cap on tariff-free trade would reportedly be higher. 
The news comes after Trump&nbsp;<a href="https://truthsocial.com/@realDonaldTrump/posts/114599330494282325" target="_blank" rel="noreferrer noopener">announced</a>&nbsp;at the end of May that he would raise steel tariffs from 25% to 50% in an effort to protect the U.S. steel industry.
"Our steel and aluminum industries are coming back like never before. This will be yet another BIG jolt of great news for our wonderful steel and aluminum workers," Trump said in a post on Truth Social last month. 
Several steel stocks were trading lower in Tuesday&#8217;s after-hours session following the news, led by Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), which was down 7.86% at last check. Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) shares were down about 5.76% and shares of Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) were sliding about 2.85% at the time of publication, per <a href="http://pro.benzinga.com">Benzinga Pro</a>. United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>), which is expected to be acquired by Japan&#8217;s Nippon Steel Corp, was down about 0.20%.
Bloomberg reported that the U.S. imported about 3.2 million metric tons of steel from Mexico in 2024. 
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Photo: saweang.w/Shutterstock.

Global

After-Hours Center

Movers

Steel Stocks Slide On Potential US-Mexico Tariff Deal: Report

<a href="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports" title="https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports">https://www.bloomberg.com/news/articles/2025-06-10/us-and-mexico-near-deal-to-cut-steel-duties-and-cap-imports</a>

Macro Economic Events

Politics

Economics

General

'U.S., Mexico Are Closing In On A Deal That Would Remove President Donald Trump's 50% Tariffs On Steel Imports Up To A Certain Volume' - Bloomberg News

<a href="https://www.benzinga.com/money/best-steel-stocks">Steel stocks are</a> back in the spotlight, and it's not just the furnaces heating up. Since President Donald Trump's late-May announcement of 50% tariffs on imported steel, the sector has re-rated sharply, with JPMorgan highlighting Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) as the top pick with a potential 67% upside.
Analyst Bill Peterson says Nucor is best positioned to ride out the latest tariff wave, thanks to its product diversification and lower exposure to value-add sheet, which has recently underperformed. Plate and rebar prices, where Nucor has more skin in the game, are holding up stronger and could provide incremental upside heading into 2026.
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<h2 class="wp-block-heading">Tariff Storm Blowing Cleveland, Steel Dynamics, Commercial Metals Too</h2>
The broader sector isn't celebrating just yet. Investors remain cautious, sensing tariff exemptions may still be on the table &#8211; particularly for USMCA partners Canada and Mexico. But that hasn&#8217;t stopped a short-term pop: NUE is up 10% since the tariffs were announced, outpacing Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) and Commercial Metals Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>).
JPMorgan isn't expecting a summer rally for steel prices. However, the bank sees a firming price floor, especially with scrap costs easing and mill utilization rising.
<h2 class="wp-block-heading">Why Nucor Leads The Pack?</h2>
Under a scenario with hot-rolled coil stabilizing at $925/ton and rebar near $900/ton, Peterson sees Nucor pulling ahead of the pack. 
Utilization upside also favors Nucor, which was running at 80% in the first quarter—compared to Steel Dynamics&#8217; 89% and U.S. Steel Corp's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) Flat-Rolled division&#8217;s just 65%.
Steel investors are now facing a tale of two narratives: near-term caution versus long-term potential. 
For Peterson, the long game still favors Nucor, especially if the tariffs hold and restocking kicks in later this year.
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</ul>
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Analyst Color

Long Ideas

Nucor Tops JPMorgan's Metals List, Eyes 67% Surge Thanks To Tariffs

Detroit&#8217;s automakers are hitting speed bumps &#8211; and they're made of steel. Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) tumbled 3.7% and 4.1% respectively on the day the U.S. announced <a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon">50% tariffs on imported steel</a> and aluminum. 
The market didn't wait for earnings calls &#8211; investors immediately priced in the hit to margins.
<h2 class="wp-block-heading">Steel Tariffs Could Add $200-$400 To Per Vehicle Cost</h2>
Tracy Shuchart of NinjaTrader says these fears are justified. &#8220;Steel and aluminum represent 15–20% of total vehicle production costs,&#8221; she said in exclusive insights shared with Benzinga over an email interview. &#8220;For a typical mid-size sedan, we&#8217;re looking at roughly $800–$1,200 in steel content per vehicle. A 50% tariff could easily add $200–400 to vehicle production costs.&#8221;
Read Also: <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">Trump&#8217;s 50% Steel Tariff Could Drive Up The Costs For Automakers: &#8216;Almost $2,000 Of Cost For Each Car&#8217;</a>
<h2 class="wp-block-heading">Why Ford, GM Investors Should Brace For Impact?</h2>
Ford and GM are particularly vulnerable because of their long-term supply agreements with Canadian steelmakers, who now face full tariffs. While domestic producers celebrate, automakers will need to renegotiate contracts, seek alternative supply chains, or pass costs onto consumers &#8211; a tough sell in an already competitive EV market.
&#8220;Ford and GM are particularly vulnerable because they source significant steel volumes from Canada under existing supply agreements that will now face the full tariff impact,&#8221; Shuchart said.
Investors who believe these pressures may persist might consider short-term hedges or adding exposure to raw material producers like Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) and Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) instead.
For ETF-watchers, the Global X U.S. Infrastructure Development ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAVE#NYSE">PAVE</a>) offers a blend of industrials and materials exposure that may benefit from rising domestic steel prices.
With tariff-driven cost inflation now a reality, automakers will need to prove they can protect margins without stalling innovation. Until then, the road ahead looks steep.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/commodities/25/06/45766967/us-aluminum-tariffs-risk-supply-chain-and-food-security-industry-insiders-warn">US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn</a></li>
</ul>
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EXCLUSIVE: Ford, GM Just Hit A Tariff Wall - Will Margins Crumple On Cost Pressures?

Steel tariffs are back with a bang, and investors are already positioning for the winners. As the U.S. slaps a <a href="https://www.benzinga.com/news/topics/25/05/45708977/trump-doubles-steel-tariffs-to-50-saying-it-will-secure-american-jobs-backs-us-steels-takeover-by-japans-nippon" target="_blank" rel="noreferrer noopener">prohibitive 50% tariff</a> on imported steel and aluminum, Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>), Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) and Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) are emerging as the early champions of this protectionist pivot.
According to Tracy Shuchart, senior economist at NinjaTrader, the tariff surge is a short-term policy maneuver, but it brings long-term opportunities for domestic producers. &#8220;At 50%, these tariffs are reaching what economists call prohibitive levels—they&#8217;re so high that they fundamentally distort market mechanisms rather than simply providing competitive protection,&#8221; Shuchart said in an exclusive email interview with Benzinga.
Read Also: <a href="https://www.benzinga.com/markets/tech/25/06/45786145/trumps-50-steel-tariff-could-drive-up-the-costs-for-automakers-almost-2000-of-cost-for-each-car">Trump&#8217;s 50% Steel Tariff Could Drive Up The Costs For Automakers: &#8216;Almost $2,000 Of Cost For Each Car&#8217;</a>
<h2 class="wp-block-heading">Tariffs To Benefit Cleveland, Nucor, Steel Dynamics&#8217; Margins</h2>
Cleveland-Cliffs saw a 25.2% gain in early trading after the announcement, not just on sentiment but solid fundamentals. The company is heavily exposed to imports, particularly in flat-rolled products, and now has room to raise prices by $200-300 per ton while still staying competitive. 
&#8220;Cliffs can immediately implement price increases of $200–300 per ton while still remaining competitive,&#8221; Shuchart added.
Nucor, with its low-cost electric arc furnace model, is positioned to expand its already solid margins. Its scale, cost discipline, and flexible mini-mill network could boost EBITDA margins to the 18–20% range over the next 12–18 months. &#8220;With import competition effectively removed, Nucor can maintain its cost advantage while capturing significantly higher margins,&#8221; Shuchart said.
Meanwhile, Steel Dynamics, which had ventured into aluminum production, now looks prophetic. With both steel and aluminum tariffs rising, Steel Dynamics&#8217;s dual exposure could unlock a new wave of pricing power. &#8220;This diversification strategy, which seemed risky 18 months ago, now looks prescient,&#8221; said Shuchart.
<h2 class="wp-block-heading">Broad-Market Beneficiaries</h2>
Investors looking to ride the broader wave may also consider steel-focused ETFs like the VanEck Steel ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLX#NYSE">SLX</a>) or the SPDR S&amp;P Metals and Mining ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XME#NYSE">XME</a>), which offer diversified exposure to these names.
While these gains are real, Shuchart cautions this is not a forever story. Structural supply gaps and midterm politics could force a policy rethink by late 2025. 
But for now, domestic steel stocks stand to gain, and this trio is leading the charge.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/commodities/25/06/45766967/us-aluminum-tariffs-risk-supply-chain-and-food-security-industry-insiders-warn">US Aluminum Tariffs Risk Supply Chain And Food Security, Industry Insiders Warn</a></li>
</ul>
Photo: Shutterstock

EXCLUSIVE: Tariff Titans - Why Cleveland-Cliffs, Nucor, Steel Dynamics Could Outmuscle The Competition

In the current session, the stock is trading at $136.24, after a 10.70% spike. Over the past month, Steel Dynamics Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) stock increased by 3.46%, and in the past year, by 6.66%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.

<img src="https://www.benzinga.com/files/images/story/2025/1748901617_0.png" alt="Past Year Chart" />

<h3>Evaluating Steel Dynamics P/E in Comparison to Its Peers</h3>
The P/E ratio measures the current share price to the company's EPS. It is used by long-term investors to analyze the company's current performance against it's past earnings, historical data and aggregate market data for the industry or the indices, such as S&amp;P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also could indicate that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future. 
Steel Dynamics has a lower P/E than the aggregate P/E of 31.0 of the Metals &amp; Mining industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1748901617_1.png" alt="Guage" />

In summary, while the price-to-earnings ratio is a valuable tool for investors to evaluate a company's market performance, it should be used with caution. A low P/E ratio can be an indication of undervaluation, but it can also suggest weak growth prospects or financial instability. Moreover, the P/E ratio is just one of many metrics that investors should consider when making investment decisions, and it should be evaluated alongside other financial ratios, industry trends, and qualitative factors. By taking a comprehensive approach to analyzing a company's financial health, investors can make well-informed decisions that are more likely to lead to successful outcomes.

Intraday Update

Price Over Earnings Overview: Steel Dynamics

After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor <a href="https://www.benzinga.com/etfs/new-etfs/25/06/45722678/magnificent-seven-closed-a-blockbuster-may-added-nearly-2-trillion-in-market-value">appetite for risk assets.</a>
President Donald Trump announced over the weekend that tariffs on steel and aluminum imports will be doubled to 50% starting June 4, reigniting trade tensions with China. Beijing responded by accusing Washington of seriously violating trade agreements and pledged to take strong measures to defend its interests.
The renewed dispute ignited a rally in precious and industrial metals. Aluminium prices climbed 2.5%, copper gained 3%, and silver soared 4.6%, marking its best daily performance since September 2024. Gold also caught a bid, rising 2.8% to $3,327 per ounce, its highest level since May 8, as investors sought safe-haven protection.
Russia's war with Ukraine escalated over the weekend, with Ukrainian drones striking airfields deep inside eastern Siberia. Moscow responded with one of its largest missile and drone barrages yet.
The geopolitical flare-up sent oil prices up 3.5% to $64 a barrel, shrugging off OPEC+'s announcement of a 411,000 barrels-per-day production hike starting in July.
Meanwhile, U.S. natural gas prices spiked 7% as traders priced in a potential increase in LNG demand from Europe.
On the macro front, the Institute for Supply Management's Manufacturing Purchasing Managers' Index (PMI) revealed a deeper-than-expected contraction in May. Price pressures remained elevated, hovering near their highest<a href="https://www.benzinga.com/markets/economic-data/25/06/45724821/trumps-manufacturing-narrative-weakens-as-may-data-shows-sharper-contraction-stubborn-inflation"> levels in three years.</a>
Selling pressure resumed in the Treasury market, with the yield on the 30-year U.S. bond rising 6 basis points to 4.98%. 
The iShares 20+ Year Treasury Bond ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLT#NASDAQ">TLT</a>) dropped 1.5%, reflecting losses in long-duration bonds. At the same time, the U.S. dollar softened, with the dollar index falling to 98.7, its lowest in over a week.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell 1.3% to $104,000, continuing its pullback from recent highs. 
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %Chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,375.40</td>
<td>0.2%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,062.80</td>
<td>-0.1 %</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,902.74</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,044.33</td>
<td>-0.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:30 p.m.</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) flattened at $589.38.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) eased 0.4% to $421.10.</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;rose 0.2% to $520.50.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) was unchanged at $205.15.</li>
<li>The&nbsp;Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, up 1.4%; the&nbsp;Industrials&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) lagged, down 0.8%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
<ul class="wp-block-list">
<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) was up 0.9% by midday trading. Bank of America analyst Ronald Epstein upgraded the stock from Neutral to Buy and raised the price target to a Street-high $260. </li>
<li>Stocks reacting to earnings reports included The Campbell&#8217;s Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>) and Science Applications International Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIC#NASDAQ">SAIC</a>) down 0.6% and 14%, respectively. </li>
<li>The top three performers in the S&amp;P 500 were commodity-linked stocks, with Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) surging 9.6%, Nucor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) rising 8.1% and Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) gaining 5.5%.</li>
</ul>
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</ul>
Image created using artificial intelligence via Midjourney.

Equities

$BTC

SPDR Dow Jones Industrial Average ETF Trust

SAIC

iShares Trust Barclays 20+ Year Treasury Bond Fund

Select Sector SPDR-Consumer Discretionary

Stocks Stall, Commodities Rocket As Trade, Geopolitical Tensions Resume: What's Driving Markets Monday?

U.S. stocks were mixed, with the Dow Jones index falling around 200 points on Monday.
Shares of Vera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERA#NASDAQ">VERA</a>) rose sharply during Monday's session after the company <a href="https://www.benzinga.com/news/health-care/25/06/45720783/kidney-health-focused-vera-therapeutics-stock-price-spikes-on-heels-of-successful-trial-data">released ORIGIN Phase 3 trial data.</a>
Participants treated with atacicept for immunoglobulin A nephropathy (IgAN) achieved a 46% reduction from baseline in proteinuria as measured by 24-hour urine protein-to-creatinine ratio (UPCR), with a statistically significant and clinically meaningful 42% reduction in UPCR compared to placebo (p&lt;0.0001) at week 36.
Vera Therapeutics shares jumped 56.6% to $29.67 on Monday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>Applied Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) surged 44.8% to $9.89 after the company announced a 250MW AI data center lease with CoreWeave.</li>
<li>Kymera Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYMR#NASDAQ">KYMR</a>) climbed 33.3% to $39.53 after the company announced clinical data for its Phase 1 Healthy volunteer study of KT-621.</li>
<li>Blueprint Medicines Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BPMC#NASDAQ">BPMC</a>) gained 26.2% to $127.93 after the company announced that Sanofi will acquire them for $9.5 billion.</li>
<li>Cleveland-Cliffs Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) gained 23.2% to $7.18 after Trump said he would double their tariffs to 50%.</li>
<li>Century Aluminum Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) rose 22% to $18.89 after Trump said he would double their tariffs to 50%.</li>
<li>Liquidia Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LQDA#NASDAQ">LQDA</a>) gained 18.2% to $17.64 after the company announced it began shipping its newly FDA-approved Yutrepia. Additionally, Needham raised its price target on the stock from $25 to $32.</li>
<li>REGENXBIO Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGNX#NASDAQ">RGNX</a>) jumped 16.4% to $10.30.</li>
<li>Tempus AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) gained 14.1% to $62.95 after the company introduced its fuses program for precision-based medicine and xM for advanced cancer treatment response monitoring.</li>
<li>First Majestic Silver Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AG#NYSE">AG</a>) rose 10.6% to $6.83.</li>
<li>Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) surged 10.5% to $135.93. Shares of steel and aluminum stocks traded higher after Trump said he would double their tariffs to 50%.</li>
<li>Hecla Mining Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HL#NYSE">HL</a>) gained 10.4% to $5.67.</li>
<li>Nucor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) gained 10% to $120.20. BMO Capital analyst Katja Jancic upgraded Nucor from Market Perform to Outperform and raised the price target from $140 to $145.</li>
<li>ImmunityBio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBRX#NASDAQ">IBRX</a>) rose 6.2% to $2.8250. ImmunityBio received FDA expanded access authorization for the treatment of Lymphopenia with ANKTIVA in patients with solid tumors</li>
<li>Eldorado Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>) rose 6.1% to $21.32.</li>
</ul>
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Photo via Shutterstock

APLD

BPMC

CENX

IBRX

KYMR

LQDA

RGNX

VERA

Vera Therapeutics, Applied Digital, Kymera Therapeutics And Other Big Stocks Moving Higher On Monday

Shares of steel and aluminum stocks are trading higher after Trump said he would double their tariffs to 50%.

<h3>Gainers</h3>
<ul>
<li>Cleveland-Cliffs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) shares increased by 26.1% to $7.35 during Monday's pre-market session. The market value of their outstanding shares is at $3.6 billion. </li>
<li>Century Aluminum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) shares rose 18.85% to $18.41. The market value of their outstanding shares is at $1.7 billion. </li>
<li>Steel Dynamics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) stock moved upwards by 11.31% to $137.0. The market value of their outstanding shares is at $20.3 billion. </li>
<li>Nucor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>) stock moved upwards by 10.74% to $121.11. The company's market cap stands at $27.9 billion. </li>
<li>Origin Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGN#NASDAQ">ORGN</a>) stock moved upwards by 9.25% to $0.48. The company's market cap stands at $71.6 million. </li>
<li>Commercial Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMC#NYSE">CMC</a>) shares moved upwards by 9.2% to $50.88. The market value of their outstanding shares is at $5.7 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Bolt Projects Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSLK#NASDAQ">BSLK</a>) shares declined by 8.3% to $3.1 during Monday's pre-market session. The company's market cap stands at $6.3 million. </li>
<li>IT Tech Packaging (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ITP#AMEX">ITP</a>) shares decreased by 6.85% to $0.18. The market value of their outstanding shares is at $3.0 million. </li>
<li>IperionX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IPX#NASDAQ">IPX</a>) stock decreased by 6.5% to $22.62. The market value of their outstanding shares is at $662.0 million. </li>
<li>Millennium Group Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGIH#NASDAQ">MGIH</a>) stock fell 6.05% to $1.4. The company's market cap stands at $15.7 million. </li>
<li>Tantech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TANH#NASDAQ">TANH</a>) stock declined by 5.41% to $2.1. The company's market cap stands at $2.8 million. 
See Also: <a href="http://www.benzinga.com/money/best-basic-materials-stocks/" title="www.benzinga.com/money/best-basic-materials-stocks/">www.benzinga.com/money/best-basic-materials-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BSLK

MGIH

ORGN

TANH

11 Materials Stocks Moving In Monday's Pre-Market Session

UPDATE: President Donald Trump Says He Would Be Increasing Tariffs On Steel To 50% From 25%; Tariffs To Go Into Effect Next Week

<a href="https://www.bloomberg.com/news/articles/2025-05-30/trump-to-raise-steel-tariffs-to-50-to-help-nippon-us-steel-deal?embedded-checkout=true" title="https://www.bloomberg.com/news/articles/2025-05-30/trump-to-raise-steel-tariffs-to-50-to-help-nippon-us-steel-deal?embedded-checkout=true">https://www.bloomberg.com/news/articles/2025-05-30/trump-to-raise-steel-tariffs-to-50-to-help-nippon-us-steel-deal?embedded-checkout=true</a>

'Trump to Raise Steel Tariffs to 50% to Help Nippon-US Steel Deal'- Bloomberg

It took one sentence from <a href="https://www.benzinga.com/topic/donald-trump">President Donald Trump</a> to jolt United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) out of a 20-year barrier. 
"This 20yr base in US Steel just needed a little Trump pump," <a href="https://x.com/sstrazza/status/1927128103790211315">posted</a> All Star Charts strategist Steven Strazza on X, capturing the chart-watching community's excitement. 
<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">This 20yr base in US Steel just needed a little Trump pump. I think it goes a lot higher from here. <a href="https://twitter.com/search?q=%24X&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$X</a> <a href="https://t.co/h0OhLCH4vr">pic.twitter.com/h0OhLCH4vr</a>
&mdash; Steven Strazza (@sstrazza) <a href="https://twitter.com/sstrazza/status/1927128103790211315?ref_src=twsrc%5Etfw">May 26, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
<h2 class="wp-block-heading">Trump's Pitch Sparks A Chart-Breaking Rally</h2>
The stock surged more than 21% after the president announced a "planned partnership" between U.S. Steel and Japan's Nippon Steel, pledging the company would stay American, headquartered in Pittsburgh, and promising 70,000 jobs and $14 billion in U.S. investment.
Related: <a href="https://www.benzinga.com/25/05/45596866/president-trump-approves-us-steel-nippon-steel-partnership">President Trump Approves US Steel, Nippon Steel Partnership</a>
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527"><img loading="lazy" decoding="async" width="631" height="486" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27061647/Screenshot-2025-05-27-at-3.46.35-PM.png" alt="" class="wp-image-928108" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27061647/Screenshot-2025-05-27-at-3.46.35-PM.png 631w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/27061647/Screenshot-2025-05-27-at-3.46.35-PM-300x231.png 300w" sizes="(max-width: 631px) 100vw, 631px" /></a></figure>
<a href="https://www.benzinga.com/pro/register?utm_adType=bzprocontent&amp;utm_campaign=14daytrial&amp;utm_ad=0527">Chart created using Benzinga Pro</a>
Technically, the breakout is hard to miss. U.S. Steel stock is trading far above its eight, 20, 50, and 200-day simple moving averages (SMAs), with the eight-day average sitting at $42.87 and the stock now at $52.01. 
The RSI (relative strength index) of 76.02 suggests the stock is overbought, while the MACD (moving average convergence/divergence indicator) reading of 0.85 points to bullish momentum. 
Traders are seeing textbook confirmation of a bullish breakout.
<h2 class="wp-block-heading">Analyst Skepticism Clouds Deal Optimism</h2>
But not everyone is convinced the rally is built on solid footing. JPMorgan analyst Bill Peterson maintained a "Neutral" stance, stating "questions remain" over the deal's structure and execution. 
While some media outlets have reported that Trump approved Nippon Steel's acquisition, subsequent statements from the president painted a murkier picture. He&#8217;s described the deal as an "investment" or "partial ownership" rather than a full takeover. "It will be controlled by the United States. Otherwise, I wouldn't make the deal," Trump said.
Peterson noted that the newly announced $14 billion investment figure is far above the previously suggested $2.7 billion, raising questions about how—and whether—that capital would be deployed in just over a year. Nippon Steel's Vice Chairman reiterated the company's intent for a full buyout as recently as May 20, saying there would be "no free technology" in a joint venture structure.
<h2 class="wp-block-heading">Steel Rivals Sink As U.S. Steel Soars</h2>
Market reaction among peers painted a telling picture: while U.S. Steel soared, rivals like Nucor Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NUE#NYSE">NUE</a>), Steel Dynamics Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) and Cleveland-Cliffs Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLF#NYSE">CLF</a>) declined &#8211; suggesting the market expects a more competitive steel landscape if the deal materializes.
For now, U.S. Steel bulls are riding the momentum, but whether this Trump-fueled breakout has structural legs will depend on how the fog around the deal clears—or doesn't—in the days ahead.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/25/05/45615292/this-united-states-steel-analyst-is-no-longer-bullish-here-are-top-3-downgrades-for-tuesday">This United States Steel Analyst Is No Longer Bullish; Here Are Top 3 Downgrades For Tuesday</a></li>
</ul>
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