|Bid||30.17 x 1000|
|Ask||30.18 x 500|
|Day's Range||30.13 - 30.50|
|52 Week Range||23.97 - 35.21|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
With a supportive administration in the White House and a sharp fall in Chinese steel exports, we would expect steel stocks to be posting strong returns. But that’s not exactly the case.
These three projects are low-cost and high-return projects that will likely drive Rio’s long-term profitability.
Alcoa stock (AA) has shown strength over the last couple of weeks. The stock’s upward price action has found support in rising aluminum prices, which have now topped the $2,000-per-metric ton level.