Previous close | 0.5000 |
Open | 0.5000 |
Bid | 0.2500 |
Ask | 0.8500 |
Strike | 35.00 |
Expiry date | 2025-01-17 |
Day's range | 0.5000 - 0.5000 |
Contract range | N/A |
Volume | |
Open interest | 29 |
Once an industry icon, U.S. Steel now appears to be on the auction block. An investment in a more modern peer would have been a better choice.
Steel Dynamics (STLD) closed the most recent trading day at $102.82, moving -1.5% from the previous trading session.
In the wake of a vigorous bidding war for United States Steel (NYSE:X), other steel corporations such as Cleveland-Cliffs (NYSE:NYSE:CLF) and Steel Dynamics (NASDAQ:NASDAQ:STLD) are experiencing increased attention in the market. On Monday, both companies were upgraded from 'Hold' to 'Buy' by Citi analyst Alexander Hacking.