Radius Recycling Will Benefit From Steel Tariffs
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Radius Recycling is expected to benefit from rising domestic steel prices due to tariffs, which will increase scrap steel prices and expand margins. This could improve the company's profitability, making it a speculative buy.
February 25, 2025 | 6:30 pm
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Radius Recycling's profitability is set to improve due to rising domestic steel prices driven by tariffs, which will increase scrap steel prices and expand margins.
The article highlights that Radius Recycling will benefit from increased domestic steel prices due to tariffs. This will lead to higher scrap steel prices, expanding the company's margins without significant cost increases. This positive impact on profitability makes the stock a speculative buy.
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