|Day's Range||5.48 - 5.65|
|52 Week Range||3.54 - 11.39|
|PE Ratio (TTM)||21.51|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
John Ferriola, Nucor’s CEO, noted that he sees some downward pressure on scrap prices.
The United States (SPY) imported ~3.1 million metric tons of steel products in March 2017, a year-over-year rise of 30.6%. This was the highest yearly rise we’ve seen since January 2015.
AK Steel (AKS) has been among the worst-performing steel stocks (MT) (STLD) in 2017 with year-to-date losses of more than 46% as of May 17.