Tariffs on steel imports will have varying impacts on the U.S. economy, but could be a boon for companies like United States Steel Corp., a company that has overall rebounded well since the start of 2016 despite some volatility.
The company's net pension assets were $5.7 billion as of Sept. 30, with a reported funding ratio of 93.8%, almost 6 percentage points higher than the prior year.
U.S. Steel's defined contribution assets stood at $2.1 billion as of Sept. 30, up from $1.9 billion a year before. The plan's allocation to company stock, boosted by its share price appreciation, was at 8.8% at the end of 2016, up from 4.9% the year before.
Since the 2016 U.S. presidential election, domestic steel producers have increased their production relative to their capacity. This data should improve as imports become less competitive.