Steel Industry ETF

See: Exchange-Traded Fund (ETF).

What's in here? Well, a composite of U.S. Steel, probably a few Chinese and Korean steel companies. Probably some shipping companies as well. Maybe automobile players as well, as they're such steel pigs. Steel is a highly unionized industry. It trades at low multiples, isn't growing all that fast, and just kind of sits there churning out hard stuff from the Earth's bowels.