Nucor, Steel Dynamics, Cleveland-Cliffs and Century Aluminum could be winners from U.S.-Canada trade talks breaking down. Last week those stocks tumbled on the prospect of a Canada trade deal that would lower U.S. tariffs on steel and aluminum. New 50% tariffs on a $20 billion worth of Canadian goods, including liquor, electrical equipment and hockey gear, took effect on Saturday.…
U.S. Steel Stocks May Jump As Canada Trade Talks Collapse
Nucor and Steel Dynamics tumbled last week on the prospect of lower tariffs.
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