POLL: Best Steelmaker Stock

 

NEW YORK (TheStreet) -- The steel business, one of the leading indicators of the health of the world economy, has experienced a news-heavy week.

There was the speculation about a U.S.-China trade war spilling into the sector (with Nucor's outspoken chief endorsing a tariff on Chinese steel imports); word that prices for domestic hot-rolled coil steel are increasing, even as word that prices for the Chinese stuff are trending lower; and further statements from Nucor's boss that real demand for steel hasn't improved much, if at all, echoing sentiment from European suppliers.

What does this all mean? (For one thing, it's a complex world.) More specifically, though, what does it mean for steel stocks?

Hence our poll question: Which steelmakers' shares -- either U.S. Steel(X Quote), ArcelorMittal(MT Quote), Nucor(NUE Quote), AK Steel(AKS Quote) or Steel Dynamics(STLD Quote) -- do you think will outperform the sector in the coming months?

Feel free to leave a comment explaining your pick, and if you have a steel stock in mind not listed in our poll, don't hesitate to write it in your comment.


What steelmaker is best poised to outperform the sector in the coming months?

U.S. Steel
ArcelorMittal
Nucor
AK Steel
Steel Dynamics

-- Written by Scott Eden in New York

Follow TheStreet.com on Twitter and become a fan on Facebook.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Scott Eden has covered business -- both large and small -- for more than a decade. Prior to joining TheStreet.com, he worked as a features reporter for Dealmaker and Trader Monthly magazines. Before that, he wrote for the Chicago Reader, that city's weekly paper. Early in his career, he was a staff reporter at the Dow Jones News Service. His reporting has appeared in The Wall Street Journal, Men's Journal, the St. Petersburg (Fla.) Times, and the Believer magazine, among other publications. He's also the author of Touchdown Jesus (Simon & Schuster, 2005), a nonfiction book about Notre Dame football fans and the business and politics of big-time college sports. He has degrees from Notre Dame and Washington University in St. Louis.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services