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2 Steel Stocks to Watch Amid Trump Tariffs
XU. S. Steel(X) Schaeffers Investment Research·2025-02-10 15:10

Shares of steel giants Nucor Corp (NYSE:NUE) and United States Steel Corp (NYSE:X) are surging after President Donald Trump on Sunday announced plans to impose a 25% tariff on steel and aluminum imports.At last glance, NUE was up 5.6% at $137.51, extending its year-to-date gain to 19.8% as it rebounds from its Jan. 3, two-year low of $112.25. Meanwhile, X was last seen 2.7% higher at $37.94, now up 12.1% in 2025 and earlier breaking above recent resistance at the $38 region.Call traders are reacting positiv ...