market

Steel stocks slammed as evidence points to weak global market in 2025


large bowl of molten metal at a steel mill. Steel production.

lyash01/iStock via Getty Images

Steel company stocks were notably poor performers on Thursday and Friday, with Cleveland-Cliffs (NYSE:CLF) -13.2%, Nucor (NYSE:NUE) -9.5%, Steel Dynamics (STLD) -8.4%, Commercial Metals (CMC) -7.1%, US Steel (X) -5%, ArcelorMittal (MT) -4.4% over the two trading sessions.

Reports earlier this week said President Biden is planning



READ SOURCE

Read More   Top FTSE 100 UK Dividend Paying Stocks

This website uses cookies. By continuing to use this site, you accept our use of cookies.