Troubled Mining Industries Take Center Stage
Coal and iron ore producers have underperformed compared to the market over the past year. Despite being two of the biggest players from either industry, Peabody Energy and Cliffs Natural Resources have lagged the S&P 500 over the past year by 54% and 85%, respectively. For at least one of these companies, the tide might be turning.
For one of these companies, investors are hoping that recent data on inventory levels and competitive pricing would turn into a trend. To find out which industry investors might hear some good news from this week, tune in below.
When looking at consumers of coal and iron ore, steel producers stand out. One domestic producer, in particular, is working on a game-changing project that could further separate it from the pack. It an be found in The Motley Fool's free report, "3 Stocks That Will Help You Retire Rich", where we name stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.
The article Troubled Mining Industries Take Center Stage originally appeared on Fool.com.
Taylor Muckerman owns shares of CONSOL Energy. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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