Shares of Cleveland-Cliffs ( CLF 25.99%) have blasted roughly 26% higher as of 10:43 a.m. ET today. Shares of Steel Dynamics ( STLD 10.23%) and Nucor ( NUE 9.63%) have also jumped roughly 11% and 10.5%, respectively.

Strictly speaking, any type of special or dual-class share structure that offers more voting power to a bloc is a version of a golden share. What the White House has in mind, however, seems to be more targeted for the deal-making attempts between U.

Nippon Steel investors and analysts are asking if its $15-billion deal to buy U.S. Steel , backed but not yet approved by President Donald Trump, is positive for the near term, even if its hopes for strong U.

Steel producer’s plans include one new electric arc furnace, the restart of another and capacity expansion at a third mill.

Congresswoman Nikki Budzinski (IL-13) issued the following statement in response to President Trump’s appearance in Pennsylvania

Globally, continued uncertainty over the ongoing US trade dispute kept investors cautious through the week. U.S. President Donald Trump accused China of completely breaching its trade deal with the U.

The steel & aluminium tariffs raise ferrous metal prices by 6% in the short run and non-ferrous metal prices by 13%,” recent reports have established. That’s no prediction to ignore, especially after President Donald Trump more than doubled steel tariffs to 50% in a shockwave through the American manufacturing industry.

Iron ore fell to its lowest level since early May alongside equity markets after President Donald Trump said he would double tariffs on steel and aluminum to help protect American workers.