04
Feb
21:16
Steel stock uptick not structurally sound, sources say
Steel stocks registered in the green on the US stock market on Thursday, but market sources tell Kallanish that’s unlikely to represent a sea change from the industry’s current depressed state.
US Steel’s stock price climbed 6.21%, while Nucor’s price climbed 3.69%. ArcelorMittal’s stock price increased 4.02%, and Tenaris’ price moved up 3.75%.
Miners shared in the run-up, with Anglo American’s stock price increasing …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous