- U.S. Steel (X +4.1%) and other steel names spike on headlines that Pres. Trump is considering quotas and tariffs in an effort to fight steel dumping.
- "They're dumping steel and destroying our steel industry, they've been doing it for decades, and I'm stopping it," Trump reportedly said on Air Force One during a flight from the U.S. to France.
- Also moving higher: AKS +6.6%, NUE +2.6%, CLF +2.8%, MT +1.7%, CMC +2.4%, STLD +2%, RS +1.5%, SCHN +0.6%, TMST +2.6%, WOR -0.7%.
- ETF: SLX
Trump considering steel quotas, tariffs; steel stocks jump
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| Symbol | Last Price | % Chg |
|---|---|---|
| X | - | - |
| United States Steel Corporation | ||