|Last Price$19.78||Day Change (%)1.64%|
|Open Price$19.14||Day Change ($)0.32|
|Day Range18.94–20.42||52-Week Range6.15–27.64|
As of Fri 10/21/2016 7:21:00 PM | USD
U.S. Steelmakers to File Complaints Over Alleged Chinese Tariff Evasion
Steelmakers in U.S. to File Complaints Over Alleged Tariff Evasion by Chinese Competitors
A simple question tests assumptions.
Short-term headwinds portend an ugly 2015 for U.S. steelmakers, but stock prices imply overly bearish long-term expectations.
Despite decent demand from key sectors, steelmaker stocks look cheap as they confront imports, a strengthening dollar, and the specter of Chinese overcapacity.
DRI production is changing the game for undervalued Nucor.
We may likely be entering a period of slower growth, but no growth at all is unlikely.
Volatility in Asia, subprime woes take market for a ride.
Supply trends are worrisome despite robust demand; narrow-moat producers are the most likely to benefit.