Basic materials exchange traded funds (ETFs) are trading higher this morning after Goldman Sachs upped the rating on the U.S. steel-making sector, saying that prices had bottomed, inventories are low and the United States is becoming a net exporter. Here are more stories on the subject that may interest you:
- Other Metals Get a Lift from Gold; ETFs to Play Them
- Will Copper ETN Be Hit as China Re-Exports Stockpiles?
- Tom Lydon Talks About the ‘Other’ Metals on CNBC
- The Commodity ETF Hot Streak: Can It Last?
- Industrial Metals ETFs: Where Copper and Steel Are Going
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.