Tariffs Drive Steel Stock Gains As Analyst Highlights Catalysts For Nucor, US Steel
1. Nucor Corp is rated Overweight by JPMorgan's analyst. 2. The company focuses on profitability, enhancing its market position. 3. Steel prices have jumped 5% to 17% post tariff implementation. 4. High spot exposure companies like U.S. Steel will benefit most. 5. Peterson maintains a bullish outlook for steel stocks long-term.