Steel is a fundamental material with a wide range of applications across various manufacturing industries. It assumes a crucial role in the construction of critical infrastructure, encompassing projects like bridges, roads, buildings, and transportation systems.
Considering the significance of steel, it could be wise to keep a watch over two fundamentally sound steel stocks, Nucor Corporation (NUE) and Tenaris S.A. (TS). But before we delve into the fundamentals of these stocks, let's take a closer look at how the steel industry has been faring so far.
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