With the economy doing well, basically, it’s a little surprising to see how poorly these steel stocks are performing.
Commercial Metals weekly price chart, 3 30 24. The steel company’s weekly price chart shows how price just took out all of the 2023 highs. Outside of the big cap tech and social media names ...
The year 2024 has seen increased volatility in the commodities market, especially for the likes of cocoa and coffee. Cocoa ...
Falling output should be good for steel prices but China’s slowing economy has led to surplus steel flooding other markets ...
The analyst notes the U.S. economy is in worse shape than many acknowledge. With Donald Trump set to take office on January ...
Morgan Stanley analyst Carlos De Alba lowered the firm’s price target on U.S. Steel (X) to $39 from $47 and keeps an Overweight rating on the ...
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