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Steel's Hot Streak Faces Reality Check: Analyst Weighs Tariffs Vs. Recession Fears
Summary
Steel prices surged 36% due to tariffs, but real demand hasn't changed. JPMorgan warns of potential de-stocking & recession risks, adjusts price targets favoring NUE, X, STLD.
Original Article
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Read Full ArticleArticle published on March 11, 2025 by benzinga