Tag: AKS
Dump These 3 Steel Stocks As Tariffs Rip Up The Industry
The imposition of a 25% tariff on imported steel by President Trump has certainly been a headline grabber. But it obscures the long-term problems faced by the U.S. steel industry. And it only addresses one side of the classic economic equation for any commodity – supply and the industry’s struggle against cheap imports. The share […]
3 Steel Stocks That Will Give Back All Of The Trump Rally
Steel stocks have been the revelation of 2016, but gravity won’t be denied Few markets, including the never-boring precious metals complex, have had a profound turnaround quite like steel stocks. In the early fall of 2014, steel stocks — using the exchange-traded-fund Market Vectors Steel (ETF) (NYSEARCA:SLX) as a benchmark — were holding up well. […]
