Shares in U.S. steel producers could rally along with commodity: Barron's

FILE PHOTO: A steel coil is unrolled on the line at a steel mill in Pennsylvania, U.S., March 9, 2018. REUTERS/Aaron Josefczyk

NEW YORK - Several U.S. steel company shares could rally along with a rise in the commodity’s price, according to an article in Barron’s that also urged caution on the stocks because of historical volatility. The price of steel has climbed to $703 per net ton, and some analysts expect it to reach near $800 or above in the next year, according to Barron’s.

The article pointed U.S. Steel Corp as the pick among big producers but urged investors to stick with a one-year time horizon and to watch steel and iron prices. Commercial Metals Co and Steel Dynamics Inc were other inexpensive stocks that benefit from defensive positions as low-cost producers, according to the article.

What has Nero ever touched that didn't fail?

love this, the idea the u.s. is booming again is fantastic. have watched as other presidents have destroyed the u.s. little by little over the years. told others what they were doing an have hated seeing it. well trump was saying it too, now he is fixing it.

Good

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