Financial News
Steel ETFs Rally on Nucor’s Plans to Expand Capacity
March 29, 2021 at 08:30 AM EDT
Steel and miners-related exchange traded funds led the charge on Friday after Nucor Corporation (NYSE: NUE) hit a 52-week high and announced intentions to expand its operations. On Friday, the VanEck Vectors Steel ETF (NYSEArca: SLX), the lone steel sector-specific ETF, increased 3.0% and the SPDR...
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