3 Steel Producer Stocks to Watch Amid Industry Headwinds

The Zacks Steel Producers industry is mired in significant challenges as steel prices have experienced a sharp decline in the United States and globally this year. Soft demand in China amid an economic slowdown is also a concern. However, improved demand in the automotive space and a resilient non-residential construction market augur well for the industry. Players from the space, like Steel Dynamics, Inc. (STLD) , Commercial Metals Company (CMC) and Companhia Siderurgica Nacional (SID) , are worth a look d ...