- BusinessDayton Business Journal•yesterday
AK Steel among six steel industry stocks analysts expect a boost in price
Steel stocks have had recent surges on Wall Street, but overall the group of some of the largest steel companies have seen their prices decline so far year-to-date. However, with a slew of good news and several positive earnings reports, it seems many analysts think the time is right to get bullish on many of the steel industry titans. A report this past week by MarketRealist.com indicates that analysts appear bullish on six key steel stocks. The news comes after both AK Steel (NYSE: AKS), based in West Chester, and United States Steel Corp. (NYSE: X) both reported second-quarter earnings that beat analysts expectations. Steel giant ArcelorMittal (NYSE: MT) met expectations. Also, Barclays and
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