NYSEARCA:SLX - NYSE Arca - US92189F2056 - ETF - Currency: USD
Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P Metals & Mining, and Global X U.S. Infrastructure Development ETF.
European Commission President Ursula von der Leyen vowed "countermeasures" in response to Trump's 25% tariffs on steel and aluminum imports.
While most steel producer stocks are trading down in 2024, Steel Dynamics Inc. (NASDAQ: STLD) is an exception. Its stock is trading up 9.1% year-
Explore why steel prices are falling in 2024 and which stocks to avoid, including insights on US Steel, ArcelorMittal and Cleveland-Cliffs.