Group 1: Tariff Impact and Stock Performance - President Trump's 25% tariff on imported steel has increased investor interest in domestic steel producers, particularly Nucor (NUE) and United States Steel (X) [1] - Following the implementation of tariffs, United States Steel and Nucor stocks experienced gains of +4% and +6% respectively in February [2] - Despite recent gains, both companies have underperformed compared to the broader market over the past year [2] Group 2: Financial Outlook for United States Steel - United States Steel's total sales are projected to rise by 2% in fiscal 2025 and by an additional 6% in fiscal 2026, reaching $17.07 billion [4] - However, annual earnings for United States Steel are expected to decline by 19% in fiscal 2025 to $1.73 per share, down from $2.14 in 2024 [4] - Earnings estimates for fiscal 2025 and fiscal 2026 have decreased by 26% and 8% respectively over the last 30 days [5] Group 3: Financial Outlook for Nucor - Nucor's total sales are expected to dip by 1% in fiscal 2025 but are projected to rebound with a 6% increase in fiscal 2026, reaching $32.26 billion [6] - Nucor's EPS is forecasted to drop by 14% in fiscal 2025 but is expected to spike by 43% in fiscal 2026 to $10.99 per share [6] - EPS estimates for fiscal 2025 and fiscal 2026 have decreased by 8% and 2% respectively in the last month [6] Group 4: Valuation Comparison - Nucor trades at 17.2X forward earnings, which is closer to the industry average of 12.3X, while United States Steel trades at a premium of 19.4X despite a less favorable earnings outlook [7] - This valuation disparity highlights Nucor's more attractive earnings potential compared to United States Steel [7] Group 5: Investment Ratings - United States Steel has a Zacks Rank 5 (Strong Sell) due to declining earnings estimate revisions, indicating a greater reliance on protective policies [9] - Nucor holds a Zacks Rank 3 (Hold), suggesting that while its earnings potential is compelling, better buying opportunities may still arise [9]

Group 1 - The US steel industry is potentially entering a growth cycle due to the recently announced 25% universal tariffs on steel and aluminum imports [1] - President Trump has also announced reciprocal tariffs, meaning any tariff imposed by another country will be met with a similar tariff from the US [1] Group 2 - The article highlights the implications of these tariffs on the steel industry, suggesting a favorable environment for domestic steel producers [1]

Core Insights - JPMorgan analyst Bill Peterson identifies significant implications for steel stocks beyond political tariff discussions, highlighting potential benefits from higher pricing and changing trade flows [1] Group 1: Key Players and Ratings - Nucor Corp (NUE) is rated Overweight, benefiting from product diversification and prioritizing profitability over volume, which may lead to multiple expansions for the company and the sector [2] - U.S. Steel Corp (X) also holds an Overweight rating, with strong valuation support and potential for share buybacks due to easing capex requirements and expected free cash flow inflection in 2025 [3] - Steel Dynamics Inc (STLD) receives a Neutral rating, with long-term value potential from its aluminum rolling mill project, but faces near-term risks from pricing pressures [4] Group 2: Market Dynamics and Pricing - Recent Section 232 tariffs have led to a rally in steel stocks, with increases of 5% to 17% in anticipation of higher pricing, and the HRC forward curve rising approximately 10% since pre-election levels [5] - Industry participants expect steel prices to range between $850 and $900 per ton, with potential peaks near $1,000 per ton, benefiting stocks with high spot exposure like U.S. Steel and Cleveland-Cliffs Inc (CLF) [5] Group 3: Future Outlook - The near-term outlook for steel stocks is positive, driven by higher prices, favorable demand-supply dynamics, and strategic positioning [6] - However, the long-term outlook remains uncertain due to potential shifts in exemptions and demand-side risks [6]

United States President Donald Trump is doubling down on imposing tariffs on goods entering the country, this time targeting a 25% tax on all steel and aluminum imports.This policy shift, which seeks to boost the local industry, has already sparked a positive reaction in the stock market, with steel stocks showing immediate gains.Although some analysts warn of potential retaliation from affected countries, the short-term gains hint at a possible investment opportunity in the sector.  Therefore, if the steel ...

Key TakeawaysShares of steel and aluminum manufacturers jumped Monday after President Donald Trump said he planned to implement new tariffs on imports of the two metals.Trump also said he would be slapping retaliatory tariffs on countries that put tariffs on U.S. goods.Canada is the biggest exporter of steel and aluminum to the U.S., and the country's Minister of Innovation, Science, and Industry argued Canadian goods support many U.S. industries. Shares of steel and aluminum producers, including Cleveland- ...

NU E Power Receives Approval to Construct 157 MWac Lethbridge Two and Three Solar FacilitiesFebruary 10, 2025 9:00 AM EST | Source: Nu E Corp.Calgary, Alberta--(Newsfile Corp. - February 10, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company" or "NUE") is pleased to announce the approval by the Alberta Utilities Commission, to construct a combined 157MWac/188MWdc solar facility in the County of Lethbridge. The approval was granted to Lethbridge Two Solar Corp and Lethbridge Th ...

Subscribers to Schaeffer's Weekend Trader options recommendation service received this NUE commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Iron & steel stock Nucor Corp (NYSE:NUE) recently climbed from multi-year lows but stalled at the descending 50-day moving average, which could act as a short-term ceiling. This trendline also coincides wi ...

NU E Power Announces Closing of Second Tranche of Private PlacementJanuary 31, 2025 9:00 AM EST | Source: Nu E Corp.Calgary, Alberta--(Newsfile Corp. - January 31, 2025) - Nu E Power Corp. (CSE: NUE) (OTC Pink: NUEPF) (the "Company") is pleased to announce the closing of the second tranche of the non-brokered private placement.CLOSING OF SECOND TRANCHE OF PRIVATE PLACEMENTThe Company is pleased to announce it has closed the second tranche of its non-brokered private placement offering of 866,6 ...

Shares of Nucor (NYSE: NUE ) have been a poor performer over the past year as slow global growth has weighed on steel pricing, leading shares to lose 28%. Investors did get some relief this week with better-than-feared Q4 results sendingOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! ...

Core Insights - Nu E Power Corp. has commenced commercial production at its Lethbridge One Solar farm, marking a significant milestone in its renewable energy initiatives [2][3] - The Lethbridge One Solar farm has a capacity of 8.75 Mwac and is projected to generate 15,841 Mwh annually, along with carbon offsets of 8,237 tonnes per year [2][4] - The project was developed in partnership with Low Carbon Canada Solar Limited, with Nu E Power retaining a 25% interest [2][5] Project Details - The solar farm was constructed at a total cost of $19 million, utilizing significant local content and achieving zero lost time incidents over 38,000 direct man-hours [4] - The joint venture with Low Carbon includes a development portfolio of approximately 457 Mwac solar projects in southern Alberta, with 157 Mwac already approved for construction [3][4] Company Overview - Nu E Power Corp. focuses on developing, constructing, and operating clean and renewable energy infrastructure across North America [5] - The company aims to develop up to 2GW of renewable energy projects in Canada by 2030, facilitated by a partnership with Low Carbon Canada Solar Limited [5]