Trump to revive 1962 law to investigate steel imports [Seeking Alpha]
Mesabi Trust (MSB)
US:NYSE Investor Relations:
mesabi-trust.com
Company Research
Source: Seeking Alpha
Steel stocks are higher as Pres. Trump is expected to meet with industry executives today at the White House and sign a directive asking for a probe into whether imports of foreign-made steel are hurting U.S. national security. Trump reportedly will sign the memorandum authorizing a probe under section 232 of the Trade Expansion Act of 1962, a rarely used law that allows emergency trade sanctions based on reasons of national security. Meanwhile, the U.S. International Trade Commission today will hear an antitrust complaint from U.S. Steel ( X ) that rival Chinese manufacturers colluded to fix prices to undercut competitors in the U.S. market; in November, a trade judge rejected the claim, saying the agency did not have legal authority to hear the allegations. Other steel-related stocks ( SLX ) also are higher: AKS , STLD , NUE , CLF , MT , RS , WOR . Now read: Mesabi Trust - 66% Upside To Fair Value »
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News
- Mesabi Trust Press Release [Yahoo! Finance]Yahoo! Finance
- Mesabi Trust Press ReleaseBusiness Wire
- Mesabi Trust (NYSE: MSB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Mesabi Trust Press ReleaseBusiness Wire
- Murray Stahl's Horizon Kinetics Reduces Stake in Mesabi Trust [Yahoo! Finance]Yahoo! Finance
MSB
Sec Filings
- 5/2/24 - Form 8-K
- 4/24/24 - Form ARS
- 4/24/24 - Form 10-K
- MSB's page on the SEC website