Steel Names Weak In Early Trade (X, NUE, MT, AKS)

After a weak performance in yesterday's trading session, shares of steel companies are once again running into selling pressure in the early morning action. US Steel

, Nucor Corp

, Arcelor Mittal

, and AK Steel Holding

are all taking a hit in the first moments of trading. US Steel is the weakest of the group trading down 2.5% at $54.84. Nucor is showing some strength only down 0.5% at $46.46. Arcelor Mittal is 0.75% to the downside currently at $36.45. AK Steel is putting in a 2% loss at $16.06.