Europe Could See Increase in Steel Imports After U.S. Tariffs -- Market Talk

Dow Jones

Feb 17, 2025

1308 GMT - European steelmakers could face an indirect risk from U.S. tariffs on the metal due to a potential increase in imports in Europe, Bank of America analysts say in a note. Tariffs could benefit SSAB due to its U.S. presence while hurting ArcelorMittal and Voestalpine, the analysts say. However, European steel producers could face second-order effects given that Europe is a relatively large and open market where steel displaced from the U.S. could find another home, the analysts say. The European steel industry was already hit by U.S. tariffs in 2018. Back then, global and U.S. steel demand was positive, whereas global steel markets are under pressure currently and the demand picture is worse, according to Bank of America. Voestalpine shares are up 2.2%, ArcelorMittal up 1.4% and SSAB up 0.8%. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

February 17, 2025 08:08 ET (13:08 GMT)

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Tariffs could benefit SSAB due to its U.S. presence while hurting ArcelorMittal and Voestalpine, the analysts say. However, European steel producers could face second-order effects given that Europe is a relatively large and open market where steel displaced from the U.S. could find another home, the analysts say. The European steel industry was already hit by U.S. tariffs in 2018. Back then, global and U.S. steel demand was positive, whereas global steel markets are under pressure currently and the demand picture is worse, according to Bank of America. Voestalpine shares are up 2.2%, ArcelorMittal up 1.4% and SSAB up 0.8%. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 17, 2025 08:08 ET (13:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Europe Could See Increase in Steel Imports After U.S. Tariffs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEurope Could See Increase in Steel Imports After U.S. Tariffs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-17 21:08</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1308 GMT - European steelmakers could face an indirect risk from U.S. tariffs on the metal due to a potential increase in imports in Europe, Bank of America analysts say in a note. Tariffs could benefit SSAB due to its U.S. presence while hurting ArcelorMittal and Voestalpine, the analysts say. However, European steel producers could face second-order effects given that Europe is a relatively large and open market where steel displaced from the U.S. could find another home, the analysts say. The European steel industry was already hit by U.S. tariffs in 2018. Back then, global and U.S. steel demand was positive, whereas global steel markets are under pressure currently and the demand picture is worse, according to Bank of America. Voestalpine shares are up 2.2%, ArcelorMittal up 1.4% and SSAB up 0.8%. (adria.calatayud@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 17, 2025 08:08 ET (13:08 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4006","symbol_name":"钢铁","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512947608","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512947608","pubTimestamp":1739797680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1308 GMT - European steelmakers could face an indirect risk from U.S. tariffs on the metal due to a potential increase in imports in Europe, Bank of America analysts say in a note. Tariffs could benefit SSAB due to its U.S. presence while hurting ArcelorMittal and Voestalpine, the analysts say. However, European steel producers could face second-order effects given that Europe is a relatively large and open market where steel displaced from the U.S. could find another home, the analysts say. The European steel industry was already hit by U.S. tariffs in 2018. Back then, global and U.S. steel demand was positive, whereas global steel markets are under pressure currently and the demand picture is worse, according to Bank of America. Voestalpine shares are up 2.2%, ArcelorMittal up 1.4% and SSAB up 0.8%. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4006":"钢铁","BK4561":"索罗斯持仓","SSAAY":"SSab Swedish Steel AB","MT":"安赛乐米塔尔"},"translate_title":"美国征收关税后欧洲钢铁进口可能会增加——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MT":0.9,"SSAAY":0.9},"content_text":"1308 GMT - European steelmakers could face an indirect risk from U.S. tariffs on the metal due to a potential increase in imports in Europe, Bank of America analysts say in a note. Tariffs could benefit SSAB due to its U.S. presence while hurting ArcelorMittal and Voestalpine, the analysts say. However, European steel producers could face second-order effects given that Europe is a relatively large and open market where steel displaced from the U.S. could find another home, the analysts say. The European steel industry was already hit by U.S. tariffs in 2018. Back then, global and U.S. steel demand was positive, whereas global steel markets are under pressure currently and the demand picture is worse, according to Bank of America. Voestalpine shares are up 2.2%, ArcelorMittal up 1.4% and SSAB up 0.8%. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 17, 2025 08:08 ET (13:08 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}