Article By:
Zacks Investment Research
Saturday, March 4, 2023 5:11 PM EDT
Having suppressed economic activity for so long, analysts and investors are anticipating China’s economic activity to resume at a break-neck pace. One market that has benefited from this narrative more than most is the steel market.
Nucor: A Steel Trade We Like
#Steel has recently been in the headlines due to trade tensions and the U.S tariff on Chinese steel imports. Since then I have been passively monitoring the sector for any potential opportunities. $NUE seems like an interesting one although, I would like to see at least a little progress on infrastructure reform before I dive in.