U.S. Steel, AK Steel tumble on Trump tariff delay [Seeking Alpha]
AK STEEL HOLDINGS (AKS)
Last ak steel holdings earnings: 2/20 07:00 am
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US:NYSE Investor Relations:
ir.aksteel.com/investor-relations
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Source: Seeking Alpha
U.S. Steel, AK Steel tumble on Trump tariff delayU.S. Steel (NYSE:X)-1.4% and AK Steel (NYSE:AKS)-1% premarket,falling as much as 2.6% at one point, following news that the Trump administration woulddelay implementing tariffs on Chinese imports into the U.S.The delay comes three months after the administration recommended tariffs on steel and aluminum imports, which initially sent steel stocks surging but X shares have since sank 18.5% through Friday while AKS has tumbled 21%; Trump already delayed tariffs on the European Union, Mexico and Canada.Other steel names on watch includeNUE,CMC,STLD,MT.See all stocks on the move »Now read:Nucor: You Either Believe In Steel Or You Don't »
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