2 Steel Stocks to Watch Amid Trump Tariffs

Core Viewpoint - Shares of steel companies Nucor Corp and United States Steel Corp are experiencing significant gains following President Trump's announcement of a 25% tariff on steel and aluminum imports [1] Group 1: Stock Performance - Nucor Corp (NUE) shares increased by 5.6% to $137.51, marking a year-to-date gain of 19.8% from a two-year low of $112.25 on January 3 [1] - United States Steel Corp (X) shares rose by 2.7% to $37.94, with a year-to-date increase of 12.1% and breaking above the $38 resistance level [1] Group 2: Options Trading Activity - Call traders are responding positively, with Nucor stock seeing four times its average intraday call volume [2] - United States Steel stock has experienced double the usual number of bullish bets during the trading session [2] - The most active options for Nucor are the March 140 call, while for United States Steel, it is the March 55 call [2]