Metals & Mining_ 25% Tariffs on Aluminum & Steel a Boon for Sector Stocks
AlphaSense·2025-02-13 06:50
February 10, 2025 12:31 PM GMT President Trump proposed 25% tariffs on aluminum & steel. If implemented, a lack of domestic production in Ali could lead to higher physical premiums. In steel, tougher tariffs may raise prices but low local utilization rates could keep a lid on gains. What's new? President Trump has discussed potential 25% tariffs on all steel and aluminum over the weekend, to be officially announced today (Feb 10th). This follows a speech made to the House Republicans on January 27th, in whi ...