|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||25.94 - 26.27|
|52 Week Range||16.14 - 28.11|
|PE Ratio (TTM)||8.61|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Steel prices have shown no signs of softening so far in the second half of 2017. In fact, US steel mills recently pushed for price hikes.
China’s HRC export spreads rose to the highest level since at least October 2010. Higher spreads could prompt Chinese steel mills to produce more steel.
China's plan to curtail its excess steel and aluminum capacity has led to a spike in prices.