AK Steel and Steel Dynamics Stocks Downgraded: What You Need to Know [The Motley Fool]
AK STEEL HOLDINGS (AKS)
Last ak steel holdings earnings: 2/20 07:00 am
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Source: The Motley Fool
AK Steel and Steel Dynamics Stocks Downgraded: What You Need to Know Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... It's Thursday, and stocks fell again on concerns that a protracted trade war with China could get even longer, hurting the U.S. economy. Whatever the effects on the economy in general, however, one thing is clear: One aspect of the trade war -- steel tariffs -- has been very good news for one slice of American industry: steelmakers. As my Fool.com colleague Jason Hall reported last month, summing up the effects of a year's-worth of % tariffs on steel imports AK Steel ( NYSE:AKS US Steel Nucor Steel Dynamics NASDAQ:STLD Why? Image source: Getty Images. Easy tariff come, easy tariff go Last Friday, the Trump administration announced that it had reached a deal t
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