From Financial Modeling Prep: 2025-02-10 01:57:35

Shares of South Korean steelmaking firms, including Dongkuk Steel Mill Co Ltd and POSCO Holdings, dropped 1-3% after Trump announced 25% tariffs on steel and aluminum imports. South Korea ranks fourth in U.S. steel exports, sending 2.5 million tons in the past 11 months. The tariffs may impact global steel markets depending on exporter responses. The U.S. dollar’s strength could mitigate some losses for South Korean steel stocks. Investors are advised to monitor sector P/E ratios and historical performance for insights into steel sector valuation shifts.



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