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- by benzinga.com
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Steel's Hot Streak Faces Reality Check: Analyst Weighs Tariffs Vs. Recession Fears - United States Steel (NYSE:X), Cleveland-Cliffs (NYSE:CLF), Nucor (NYSE:NUE), Steel Dynamics (NASDAQ:STLD)
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.