Steel Stocks Decline Following Commerce's $2.9B CORE Imports Decision
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 27 2025
0mins
Source: TipRanks
U.S. Steel Industry Response: Major U.S. steel companies saw their share prices decline despite the Department of Commerce's announcement of anti-dumping and countervailing duty rates on imported corrosion-resistant steel from 10 countries.
Tariff Details: The proposed AD/CVD rates range from 17% to 110% on approximately $2.9 billion worth of imports, aimed at addressing unfair pricing practices by foreign competitors.
Government Stance: Under Secretary of Commerce William Kimmitt emphasized the Trump administration's commitment to enforcing trade laws to ensure fair competition for American steel companies and workers.
Market Reaction: The lack of significant impact on steel stocks suggests that the market had already anticipated the announcement, with some companies experiencing slight increases while others fell by about 1%.
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Analyst Views on MT
Wall Street analysts forecast MT stock price to fall
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 61.590
Low
39.00
Averages
44.67
High
49.00
Current: 61.590
Low
39.00
Averages
44.67
High
49.00
About MT
ArcelorMittal SA is a Luxembourg-based holding company. The Company, via its subsidiaries, owns and operates steel, iron ore manufacturing and coal mining facilities in Europe, North and South America, Asia, and Africa. The Company is organized in five operating segments: NAFTA; Brazil; Europe; Africa and Commonwealth of Independent States (ACIS), and Mining. The NAFTA, Brazil, Europe, and ACIS segments produce flat, long, and tubular products including slabs, hot-rolled coil, cold-rolled coil, coated steel products, among others. The Mining segment provides steel operations and comprises all mines owned by the Company in the Americas, Europe, Africa, and countries of the Commonwealth of Independent States (CIS).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Executive Sell-off Triggers Panic: CEO Lourenco Goncalves sold three million shares at an average price of $12.42 on February 11, and while executive sales may be for tax planning, the magnitude of the sale during a stock slump has unsettled investors.
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