Seeking Alpha

U.S. Steel (X -2%) and AK Steel (AKS -1.8%) (I, II) continue to contend with oversupply in...

U.S. Steel (X -2%) and AK Steel (AKS -1.8%) (I, II) continue to contend with oversupply in the U.S. industry, pressuring steel prices, but both companies expect results to improve in the current quarter as the global economy improves. "Recent increases in our daily order entry rates suggest increased spot market demand as the quarter progresses," U.S. Steel says, also seeing lower coal costs for 2013.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs