Nucor and Reliance Tipped as Steel Sector’s Strongest Defenders Amid Market Headwinds
New York, September 13 (Patrika English News): The North American steel industry is facing weak pricing and subdued demand, leaving investors cautious ahead of third-quarter guidance updates. Yet, according to JP Morgan’s latest mid-quarter note, Nucor Corporation (NYSE:NUE) and Reliance Steel & Aluminum (NYSE:RS) remain the sector’s most resilient players. Pricing Pressure Persists Hot Rolled … Read more