3 Steel Producer Stocks to Watch Amid Pricing Headwinds

The Zacks Steel Producers industry is buffeted by significant challenges as steel prices have experienced a sharp decline in the United States and globally. Soft demand in China amid an economic slowdown is also a concern.However, steady demand in the automotive and non-residential construction markets augur well for the industry. Players from the space, like Nucor Corporation (NUE) , ArcelorMittal S.A. (MT) and Steel Dynamics, Inc. (STLD) are worth a look despite near-term headwinds.About the Industry The ...