Steel Stocks Bounced Back from Their 52-Week Lows

Steel Stocks Bounced Back from Their 52-Week Lows

On December 14, US steel stocks including U.S. Steel Corporation (X) and AK Steel (AKS) bounced back from the fresh 52-week lows that they hit in today’s session. Nucor (NUE) has also bounced back from its 52-week low. The bounce in steel stocks is coming amid the weak broader market (DIA).