ArcelorMittal (ADR) (MT), United States Steel Corporation (X): Are These Steel Stocks Worthy of Investment?

At the same time, ArcelorMittal (ADR) (NYSE:MT), U.S. Steel, and Nucor Corporation (NYSE:NUE) are progressing at a frustratingly slow pace. These companies are still struggling to maintain profitability on a consistent basis, even though we are four years removed from the official end of the recession.

That being said, the continued unfavorable economic climate for steel means this trend is likely to continue for the foreseeable future. As a result, only those investors who aren’t afraid to be greedy when all others are fearful should consider buying these steel stocks, at least until the underlying industry economics improve substantially.

The article Are These Steel Stocks Worthy of Investment? originally appeared on

Robert Ciura has no position in any stocks mentioned. The Motley Fool recommends Nucor.

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