Steel PricesSteel Prices are up a lot lately . Stelco is trading very Similiarly to U.S. Steel , which trades on the NYSE . Both of them were trading in the 4 and change range earlier this year and they now are both trading in the 19 dollar range . I lightened up a little earlier this week ,but I still have ( for me)
a fairly large position . I really like Stelco , but even I am surprised that it has gone up this fast . I have a long way to go , but it is putting a small dint in my Torstar , J.C. Penney and oil company losses . I find by far the hardest part of investing is not when to buy and what to buy , but when to sell .