Bargain Hunting for Steel Stocks (SLX, RIO, VALE)
October 28, 2013 at 15:57 PM EDT
Oversupply and diminishing demand that began with the financial crisis caused steel prices to slump and crushed the steel stocks. The Market Vectors Steel ETF (NYSE: SLX ) once traded as high as $114.12 in 2008 before crashing to a low of $20.21 a few months later. Over the last
