Markets

Steel buyers fear one thing more than rising prices, Morgan Stanley says

President Donald Trump’s tariff announcements have raised investor concerns of higher metals prices. The tariffs are causing supply concerns and buyers are entering into longer-term contracts than usual. Demand for steel is high, and Morgan Stanley analyst Piyush Sood believes they will remain at their current levels for the next […]
Steel buyers fear one thing more than rising prices, Morgan Stanley says
Markets

Trump’s steel tariff may not cause as much inflation as everyone thinks

President Donald Trump announced a steel tariff of 25% is coming next week. The tariff could mean big price increases for US steel companies. It also means higher costs for steel buyers. But Cowen and Company analyst Novid Rassouli says the tariffs shouldn’t cause too much inflation. President Donald Trump’s […]
Trump’s steel tariff may not cause as much inflation as everyone thinks