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Divergence Between Iron Ore And Steel- Is X A Buy Despite Analyst Downgrades?

Divergence Between Iron Ore And Steel- Is X A Buy Despite Analyst Downgrades?

April 13, 2019

The prices of iron ore and steel have diverged in 2019. In my latest work for Seeking Alpha, I highlight the price action in the input in steel and steel prices and compared the price action in the SLX steel sector ETF product and US Steel Stock and attempt to answer if US Steel shares are a buy after the recent round of analyst downgrades which sent the stock below the $17 per share level last week.

Article: Divergence Between Iron Ore And Steel- Is X A Buy Despite Analyst Downgrades?

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