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Replies to #1470 on AK Steel (AKS)

Pastor Phil

03/22/18 3:54 PM

#1471 RE: bigarow #1470

we are not doing too bad compared to others, check this just now from CNN:

Initial concerns about Trump's tariffs on aluminum and steel relaxed after the administration softened its stance by offering exemptions for Canada and Mexico. The United States later granted tariff exemptions for major allies like the European Union, South Korea and Australia.

That news didn't sit well with steel and aluminum makers. U.S. Steel (X) plunged 9% and Alcoa (AA) dropped 5%.


http://money.cnn.com/2018/03/22/investing/dow-jones-trade-war-china/index.html