Nucor Tops JPMorgan's Metals List, Eyes 67% Surge Thanks To Tariffs

1. Nucor (NUE) is highlighted as the top steel pick by JPMorgan. 2. 50% tariffs on imported steel are influencing market dynamics positively. 3. Plate and rebar prices, crucial for NUE, are maintaining strength. 4. NUE has already risen 10% since the tariff announcement. 5. Long-term prospects for NUE appear favorable despite near-term caution.