Business

Market Movers

Goldman sees better times for steel sector

Workers guided a steel beam into place on a bridge under construction in Cleveland.

Associated Press/File 2013

Workers guided a steel beam into place on a bridge under construction in Cleveland.

Advertisement

United States Steel Corp. and other American steel makers rose after Goldman Sachs said the steel sector appears to be ‘‘heading to a sustainable recovery.’’ AK Steel Holding Corp. rose 8.7 percent, while Steel Dynamics Inc. was up 2.2 percent. Nucor Corp. advanced 1 percent. And ArcelorMittal’s American depositary receipts rose nearly 3 percent on the New York Stock Exchange. The company, based in Luxembourg, is the largest producer of steel in the world.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com