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Steel prices have tripled. Now Bank of America is sounding the alarm

May 6, 2021 Robert Harrington

A bubble could be brewing in steel stocks.

The pandemic brought the American steel industry to its knees last spring, forcing manufacturers to shut down production as they struggled to survive the imploding economy. But as the recovery got underway, mills were slow to resume production, and that created a massive steel shortage. READ MORE

← IBM says it has created the world's smallest and most powerful microchipInflation nation heats up as CEOs to White House talk prices →

rharrington@bullseye.consulting

       @BobJHarrington