Steel ETFs Secure Solid Gains in October
October 31, 2011 at 16:10 PM EDT
Stronger third quarter earnings have boosted the steel sector and solidified the uptrend for the exchange traded fund Market Vectors Steel Index Fund (NYSEArca: SLX). U.S. Steel (NYSE: X), the nation’s largest steelmaker, has posted two consecutive quarters for profit. “The stocks are...