Steel ETFs Have Been Outperforming
April 12, 2022 at 16:37 PM EDT
Steel sector-related exchange traded funds are strengthening as the Russia-Ukraine war contributes to a shortage in pig iron used by U.S. steel companies. Over the past three months, the VanEck Vectors Steel ETF (NYSEArca: SLX), the lone steel sector-specific ETF, increased 22.3%. Pig iron, the...