Why Nucor and Steel Dynamics Are Better Bets Than U.S. Steel in 2025 and Beyond
The best time to buy companies that operate in cyclical industries is often when those industries are facing cyclical downturns. The problem is that you need to make sure you are buying the best of the best, especially if you are a long-term income-focused investor.Steel is facing a downturn, and United States Steel (NYSE: X) is in the headlines. You'd be better off with competitors Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD). Here's why.U.S. Steel has an iconic name and holds a venerated place in the history of the steel industry. But that's all because of what has happened in the past. Today, U.S. Steel is little more than a shell of what it once was. That's a key reason why it has found itself in the headlines as Japanese steel giant Nippon Steel looks to buy U.S. Steel.Continue reading
The best time to buy companies that operate in cyclical industries is often when those industries are facing cyclical downturns. The problem is that you need to make sure you are buying the best of the best, especially if you are a long-term income-focused investor.
Steel is facing a downturn, and United States Steel (NYSE: X) is in the headlines. You'd be better off with competitors Nucor (NYSE: NUE) and Steel Dynamics (NASDAQ: STLD). Here's why.
U.S. Steel has an iconic name and holds a venerated place in the history of the steel industry. But that's all because of what has happened in the past. Today, U.S. Steel is little more than a shell of what it once was. That's a key reason why it has found itself in the headlines as Japanese steel giant Nippon Steel looks to buy U.S. Steel.
