There was a lot going on for these steelmakers, as well as for U.S. Steel and AK Steel, and it all added up to investor relief and higher stock prices.
News & Analysis: Steel Dynamics
It may be hard to find a bargain on the market these days, but these three stocks should do the trick.
Steel Dynamics gave an earnings warning -- and its stock went up? This one's a real puzzler.
The end of steel tariffs is bad news for both companies -- but debt worries could be even worse.
AK Steel has made great strides during the current steel industry upturn, but that doesn't mean its work is finished.
STLD earnings call for the period ending March 31, 2019.
U.S. steel has benefited from government tariffs, and there could be big trouble if the tariffs end -- but it's bigger than just steel prices.
A year of tariffs on imported steel was very profitable for American steelmakers. It's less clear whether those gains will prove durable.
Broader economic pessimism was behind the huge hit steel stocks took in December, but last month, impressive earnings results drove a rebound.
STLD earnings call for the period ending December 31, 2018.