The Traderszone Network

Published in TZ Latest News 10 August, 2017 by The TZ Newswire Staff

Is Management Really to Blame for United State Steel Corp.’s Woes?

In recent years United States Steel Corp. (NYSE: X) has been focused on surviving a deep industry downturn, not investing for the future. Now that the industry is turning around United States Steel is playing catch up on the investments it should have made, unlike industry leader Nucor Corp. (NYSE: NUE) which kept spending throughout the downturn. U.S. Steel’s management is largely to blame for that, and a new team at the helm isn’t an instant solution.

read more