CRT Starts Steel Stocks: CMC at Buy, X, NUE, STLD, AKS at Fairly Valued

CRT Capital's Kuni Chen initiated coverage on a number of Steel stocks during Monday's after-hours session:

• Commercial Metals (NYSE: CMC) with a Buy and a $19 price target
  
• US Steel (NYSE: X) with a Fairly Valued rating and a $ price target
  
• Nucor (NYSE: NUE) with a Fairly Valued rating and a $ price target
  
• Steel Dynamics (Nasdaq: STLD) with a Fairly Valued rating and a $ price target
  
• AK Steel (NYSE: AKS) with a Fairly Valued rating and a $ price target

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