27
Dec
14:47
US stock surge pushes steel companies up
The short-lived but meteoric US stock market surge on 26 December appears to have carried US steel and iron companies along with it, Kallanish reports.
Both the Dow Jones Industrial Average and the S&P 500 rose by a record-breaking 5% from market close on 24 December to market close on 26 December.This happened despite December overall being on pace for its weakest monthly performance since 1931. The markets were closed for the 25 December Christmas holiday.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous