MARKET SNAPSHOT: Stock Market Pushes Higher On Solid Earnings, Policy Optimism
UPDATE: Stock market pushes higher on solid earnings, policy optimism
Trump Administration Launches National-Security Probe on Steel Imports -- 2nd Update
UPDATE: Amid Trump coal push, coal-mining company seizes IPO opportunity
Domestic stocks have proved resilient in a tumultuous 2016.
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.