Steel ETFs: U.S. Tariffs Help Sector Gain Ground
April 13, 2016 at 14:46 PM EDT
After cheap Chinese steel inundated the markets, the steel industry and metals sector-related exchange traded funds have staged an impressive rally. Year-to-date, the Market Vectors Steel ETF (NYSEArca: SLX) jumped 41.0% and SPDR Metals & Mining ETF (NYSEArca: XME), which includes a 50% tilt...