Steel Stocks Set To Trade Lower on Nucor Profit Warning

Steel stocks are lower in pre-open trading following a nasty profit warning at Nucor (NYSE: NUE), which cited continued deterioration in economic and market conditions.

Some Steel Stocks:

• United States Steel Corp. (NYSE: X) is down 5%.


• AK Steel Holding Corp. (NYSE: AKS) indicated lower.


• Steel Dynamics Inc. (Nasdaq: STLD) indicated lower.
  
• Cliffs Natural Resources Inc. (NYSE: CLF) indicated lower.

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