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Tariff winners and losers: U.S. Steel spikes, Ford retreats [CNNMoney.com]

AK STEEL HOLDINGS (AKS)  More Company Research Source: CNNMoney.com
Last ak steel holdings earnings: 7/30 04:45 pm Check Earnings Report
US:NYSE Investor Relations: ir.aksteel.com/investor-relations
PDF Tariff winners and losers: U.S. Steel spikes, Ford retreatsWall Street is already handing out verdicts on who will win and who will lose if President Trump follows the Commerce Department's recommendations to impose heavy tariffs on steel and aluminum imports.American steel stocks spiked on Friday immediately after the Commerce Secretary Wilbur Ross proposed actions aimed at reviving the beleaguered steel industry.Nucor (NUE), the largest U.S. steel maker, climbed 4%, while U.S. Steel(X) and AK Steel(AKS) soared more than 10% apiece.Ross recommended an across-the-board tariff of 24% on imports from all countries, or tariffs of at least 53% on imports from 12 countries in particular, including China and Russia. Ross also suggested limiting imports of steel into the United States.Aluminum stocks also bounced, led by an 8% jump forCentury Aluminum (CENX). Larger American aluminum makers like Alcoa (AA), Arconic(ARNCPR) and Reliance Steel & Aluminum (RS) also ticked higher. Aluminum p [Read more]

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