A small city in Illinois sums up the divide on Trump's steel plans [The Business Insider]
United States Steel Corporation (X)
Last united states steel corporation earnings: 4/30 04:16 pm
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Source: The Business Insider
A small city in Illinois sums up the divide on Trump's steel plans Historic building exterior at U.S. Steel Corp's Granite City Works in Granite City Thomson Reuters The blast furnaces and slab casters at United States Steel Corp's Granite City Works have been idle for 18 months, and laid-off workers here are pinning their hopes on President Donald Trump imposing broad new restrictions on imported steel. Yet just across the Mississippi River, some manufacturers worry that new tariffs and curbs Trump is weighing under a "Section 232" national security review will raise their cost and make it harder to compete with foreign rivals. The inherent conflict between suppliers and buyers is at the heart of a debate inside the administration that lobbyists and lawmakers say could delay or weaken any protections recommended by the US Commerce Department. The review's findings, originally expected by the end of June, could be unveiled in the coming weeks. The Cold War-era law that allows t
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X
News
- United States Steel Co. (NYSE: X) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- United States Steel Co. (NYSE: X) was upgraded by analysts at Morgan Stanley from an "equal weight" rating to an "overweight" rating. They now have a $48.00 price target on the stock, down previously from $51.00.MarketBeat
- United States Steel Co. (NYSE: X) had its price target lowered by analysts at JPMorgan Chase & Co. from $47.00 to $43.00. They now have a "neutral" rating on the stock.MarketBeat
- Furor Over U.S. Steel Bid Puts Secretive Government Panel In Spotlight [The New York Times]The New York Times
- Political Furor Over U.S. Steel Bid Puts Investment Panel in Spotlight [The New York Times]The New York Times
X
Earnings
- 5/2/24 - Miss
X
Sec Filings
- 5/3/24 - Form 8-K
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 4
- X's page on the SEC website