As Chinese Steel Futures Rise, Consider the ‘SLX’ ETF
April 27, 2021 at 08:00 AM EDT
China’s demand for steel continues to rise, with steel futures hitting 10-year highs. The VanEck Vectors Steel ETF (SLX) is up 32% year-to-date. “Iron ore price surged to 10-year high this week after Vale, Rio Tinto and BHP released disappointing output figures,” a Mining.com...