Steel sector and aluminum sector concept stocks continued to rise in after-hours trading in the US market.

date
01/06/2025
President Trump once again announced that he will double the steel and aluminum tariffs to 50% next week. Cleveland-Cliffs is currently up 30.87%, Steel Dynamics is up 16.19%, Nucor Corporation is up 15.22%, Commercial Metals is up 13.76%, Tenaris SA ADR is up 13.6%, ArcelorMittal SA ADR is up 4.64%, and VanEck Steel ETF is up 3.63%. Century Aluminum is up 11.36%, Kaiser Aluminum is up 1.96%, and Alcoa Corporation is down 0.45%.