Showing posts with label NUE. Show all posts
Showing posts with label NUE. Show all posts

Wednesday, June 12, 2013

This Steel Giant Is Expecting an Improved Business Environment


From The Motley Fool, June 7, 2013
The world’s leading steel producer, ArcelorMittal (NYSE: MT), recently released its quarterly results that disappointed investors, but the sequential improvements led to some optimism. Meanwhile, its American rival, United States Steel (NYSE: X), also released its results that weren't any better, but the company is in a good position to capitalize on the changing market conditions. Steel stocks have largely struggled in the past, with the exception of Nucor (NYSE:NUE), due to problems associated with overcapacity.