Steel Stocks Still Trading Cheap (NUE, X, AKS)


Big steel has been overlooked lately and the best of the bunch are hanging out near 12 month lows, such as Nucor Corp. (NYSE:NUE) now just 9% away from its 52-week low.  Steel won't trade this low forever and that goes for U.S. Steel Corp. (NYSE:X) and AK Steel Holding (NYSE:AKS) as well.

China’s Demand for Steel (NYSE:X),(NYSE:AKS)


United States Steel Corporation (NYSE:X) and AK Steel Holding Corporation (NYSE:AKS) just may be a big part of the next up and coming bubble.

U.S. Steel Corp's Stock Will Go Lower


Despite the stock for United States Steel Corporation (NYSE:X) making some good headway since March 2009 lows, the stock has recently taken a nosedive on poor earnings.  However, the stock may continue even lower. 

Aloca and U.S. Steel Pushed the Market Last Week (AA, X)

Alcoa (NYSE:AA) Earnings Season - NYSE/NASDAQ

Alcoa (NYSE:AA) and U.S. Steel (NYSE:X) fueled the S&P 500-stock index to a 15-month high last week, as gains for commodities boosted metal producers and reports showed the economy is improving.

U.S. Steel Corp. Next Stop $65 per Share


KeyBanc set an aggressive price target on United States Steel Corporation (NYSE:X) shares of $65 which implies a 30% gain in 12 months from today's close of $49.67

AK Steel Shares Climb 30% in 30 Days

AK Steel Holding Corp. (NYSE:AKS)

AK Steel Holding Corp. (NYSE:AKS) shares have been on a tear since November, in the last 30 days AKS has jumped from $15 to today's price of $20.90.  Thanks to Goldman's hat tip on American Steel stocks yesterday AK Steel is enjoying a healthy 4.5% jump today.

Steel is Strong (NYSE: X), (NYSE: AKS), (NYSE: NUE)


Not only did United States Steel Corporation (NYSE:X) benefit from the upgrade issued by Goldman Sachs, but it appears that AK Steel Holding Corporation (NYSE:AKS) and Nucor Corporation (NYSE:NUE) also received a little bump too. 

Steel is Back on Cyber Monday (AKS, X, NUE)


The best of the steel companies are enjoying this Cyber Monday and watching their shares rise, those companies include United States Steel (NYSE:X), Nucor (NYSE:NUE), and AK Steel Holding  (NYSE:AKS).

Big Day for U.S. Steel Corp, up 22%

President Elect Barack Obama (2)

Last week was horrible on Steel stocks, but today, U.S. Steel Corp (NYSE:X) and others like AK Steel (NYSE:AKS) are up 20%+ thanks to Obama hopes and plans.

Outlook for Steel Makers


Inventories are too high

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