Steel Names Weak In Early Trade (X, NUE, MT, AKS)

After a weak performance in yesterday's trading session, shares of steel companies are once again running into selling pressure in the early morning action. US Steel (NYSE: X), Nucor Corp (NYSE: NUE), Arcelor Mittal (NYSE: MT), and AK Steel Holding (NYSE: AKS) are all taking a hit in the first moments of trading.

US Steel is the weakest of the group trading down 2.5% at $54.84.

Nucor is showing some strength only down 0.5% at $46.46.

Arcelor Mittal is 0.75% to the downside currently at $36.45.

AK Steel is putting in a 2% loss at $16.06.