Nucor is trading 5.42% up now at $256.82 after failed U.S.-Canada trade negotiations left 50% steel tariffs in place on August 24, 2026.
- Investors had feared tariffs would fall to 25%, increasing Canadian competition and pressuring U.S. steel prices.
- The reversal triggered a rebound across U.S. steel shares after last week’s tariff-related selloff.