U.S. Steel, AK Steel Trending Higher Following Earnings Beat

U.S. Steel X is making its biggest one-day move in three years after reporting a massive earnings beat. On top of that, revenue beat Wall Street's expectations for the first time since early 2013.

The stock recently traded at $32.75, up 18.3 percent.

<div style='width:100%;max-width:600px;margin:0 auto;'><iframe src='//companies.findthebest.com/w/1k2MaOKzKPb' width=600 height=400 frameborder=0 scrolling='no' style='position:static;vertical-align:top;max-width:100%;min-height:400px;'></iframe><div style='text-align:center;'><a target='_blank' href='http://companies.findthebest.com/l/4999476/United-States-Steel-Corp-in-Pittsburgh-PA#earnings&s=2cb3Er' style='font:10px/14px arial;color:#3d3d3d;'>United States Steel Corp - Earnings Surprise | FindTheBest</a></div></div>AK Steel AKS shares are also trading about 3.3 percent higher following its better-than-expected second quarter report.

 

These reports have put several other steel companies in play.

  • Steel Dynamics STLD shares are up 0.44 percent
  • Commercial Metals CMC shares are up 0.34 percent
  • ArcelorMittal MT shares are up 1.77 percent
  • China Precision Steel CPSL shares were up 2.7 percent
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