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Steel Dynamics Sees Strong Demand For Years Amid Trump Tariffs; STLD, Nucor Break Out
Investor's Business Daily116d agoneutral
Steel Dynamics Sees Strong Demand For Years Amid Trump Tariffs; STLD, Nucor Break Out

STLD and Nucor edged higher early Tuesday after both steel stocks broke out during Monday's regular session ahead of Steel Dynamics' late-day earnings report. Cleveland-Cliffs opened the first-quarter earnings season for the steel sector early Monday morning, signaling an improved outlook. Steel Dynamics' Q1 results showed a surge in earnings with a big assist from Trump tariffs.

Cleveland-Cliffs Drops 5% Despite Narrower-Than-Expected Q1 Loss as Strategic Doubts Resurface
24/7 Wall St.117d agobearish
Cleveland-Cliffs Drops 5% Despite Narrower-Than-Expected Q1 Loss as Strategic Doubts Resurface

Cleveland-Cliffs (NYSE:CLF) stock is down 5% in early trading on Monday, falling from $9.94 to $9.44 after reporting Q1 FY2026 results before the open. The headline number beat expectations, yet CLF stock is selling off anyway. That tension indicates where investor confidence stands right now. The drop snaps a strong recent run. Year-to-date, Cleveland-Cliffs stock ... Cleveland-Cliffs Drops 5% Despite Narrower-Than-Expected Q1 Loss as Strategic Doubts Resurface