Steel News & Analysis

Nucor (NUE) closed the most recent trading day at $130.86, moving +0.74% from the previous trading session.

Here are some of the products that are likely to cost more under President Trump’s 25% tariffs on all steel and aluminum imports.

The European Union is planning new tariffs on a wide range of U.S. imports next month in response to President Donald Trump’s new taxes on imported aluminum and steel that went into effect Wednesday.

The Dow Jones is down around 150 points on Wednesday, bearing the brunt of broad-market trade war fears as the United States (US) imposes a global 25% tariff on all steel and aluminum imports into the US market.

Prime Minister Keir Starmer said Britain will “keep all options on the table” but is “negotiating an economic deal which covers and will include tariffs if we succeed”.

Nvidia (NVDA) advanced more than 6% on Wednesday after US President Donald Trump walked back a doubling of tariffs on Canadian steel and other metals late Tuesday.

Trump placed a 25% tariff on steel and aluminum imports. Here are the top countries that supply metals to the US.

Canada is the largest foreign supplier of steel and aluminum to the U.S.

The Canadian Dollar (CAD) is moderately higher (with the MXN) as 25% steel/aluminum tariffs were enforced as of midnight.

The British government on Wednesday called the Trump administration’s tariffs on global steel and aluminum imports “disappointing,” but said that it won’t impose retaliatory measures.Business Secretary Jonathan Reynolds, howeve…

The European Union launched countermeasures on Wednesday against new US metals tariffs, with plans to impose its own duties on up to €26 billion ($28.3 billion) worth of American goods. The announcement came hours after the US administration imposed 2…

The U.S. government still plans a 25% tariff on all steel and aluminum imports from Canada starting Wednesday.

President Trump’s latest threat of 50% tariffs on Canadian steel and aluminum caused significant market volatility on March 11, 2025.

The EU responded almost immediately to the U.S. implementing tariffs on EU steel imports, further escalating a brewing trade war.

Technical: Bearish / Fundamentals: Bearish / Outlook: 🔴 US tariffs on steel and aluminum, with no exceptions even for Canada and potential auto tariffs are set to pressure US manufacturing. A looming national electricity emergency adds to the uncertain…

President Donald Trump threatened to increase steel and aluminium tariffs on Canada to 50% in retaliation to Ontario’s move to raise taxes on electricity exports to the US, a sign of trade war escalation.

Even before the new levies took effect, the industry was worried about prices after President Trump opposed a major merger in the steel sector.

The tariffs will likely drive up costs for American companies that use the metals, such as automakers, construction firms and beverage makers that use cans.

Global risk sentiment continued to sour yesterday as President Trump announced he’d double tariffs on Canadian steel and aluminum to 50%, and later pulled the threat as Ontario suspended a 25% surcharge on electricity exports.

Japan’s Chief Cabinet Secretary Yoshimasa Hayashi noted on Wednesday that “I would like to have close communication with the US over auto tariffs.” Additional quotes It’s regrettable that the US went ahead with steel and aluminum tariff despite our req…

The European Union responded to American steel and aluminum tariffs with its own tariffs on boats and bourbon — and pledges of more to come.

Trump’s tariff policies have rattled the stock market and raised fears of an economic slowdown, increased inflation and a global trade war.

The US imposed 25% tariffs on all steel and aluminum imports.

UK Trade Minister Jonathan Reynolds said on Wednesday that they are “negotiating a wider economic agreement to eliminate additional tariffs.” Further comments It’s disappointing that the US has imposed global tariffs on steel and aluminum.

European Commission President Ursula von der Leyen said on Wednesday that the European Union (EU) has launched ‘swift and proportionate countermeasures’ on US imports in the EU in response to steel tariffs.

Measures designed to protect the struggling US steel industry could also help a cohort of global producers

President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising…

President Trump imposed a 25 percent tariff on metal imports. The move is expected to raise costs for U.S. manufacturers of cars, solar panels and other products, potentially slowing the economy.

Australia’s Prime Minister (PM) Albanese said on Wednesday that “retaliatory measures would only increase costs for Australian consumers and fuel inflation.” PM Albanese confirmed that “Australia will not impose reciprocal tariffs on the United States …

This is what could happen next to Nvidia shares.

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New tariffs from Trump roil the market (again)… the case for a bullish bounce… a key bearish line-in-the-sand… our experts are buying… a critical perspective Thi…

The latest trading day saw Steel Dynamics (STLD) settling at $120.76, representing a +1.14% change from its previous close.

White House staff reaffirmed on Tuesday that a global 25% tariff on all steel and aluminum imported into the US would take effect on Wednesday, beginning at midnight Eastern Standard Time.