Fast Money's Coal & Steel Stock Picks
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Date updated:08-06-2008

In the space, I think coal and steel are the commodities to watch, said Adami.

symbol name last price % change open
  • +
  • X
    United States Ste
  • $38.08
  • -1.63%
  • $38.56

US steel sold off on good news this week, explains Guy Adami. That suggests to me there’s now downside.

People owning X also tend to own: ATINUEOSRSLENRYLADP

TheStreet.com Rating: D+ What is this?

  • +
  • CLF
    Cliffs Natural
  • $37.86
  • +0.16%
  • $37.55

On a pull back I’d buy US Steel (X) or Cleveland Cliffs (CLF). - Guy Adami

People owning CLF also tend to own: AKHFPLPWEISNEWOSIRPPL

TheStreet.com Rating: C What is this?

  • +
  • AKS
    A K Steel Hldg Co
  • $17.41
  • -1.08%
  • $17.41

Also watch AK Steel (AKS) advises Tim Seymour. The Russians are looking at this company, closely.

People owning AKS also tend to own: BACOGNLUKMMMMOUNHAKN

TheStreet.com Rating: C- What is this?

  • +
  • MT
    Arcelor Mittal Ne
  • $36.50
  • -0.87%
  • $36.45

Mittal looks like it’s the cheapest in the sector, adds Tim Seymour. I think the story in steel remains in tact.

People owning MT also tend to own: CXFCXFTEKNMXNYXRIOTM

TheStreet.com Rating: C What is this?

  • +
  • ANR
    Alpha Natural Res
  • $39.20
  • +0.36%
  • $38.85

And there’s also speculation that steel maker ArcelorMittal (MT) is in talks to buy coal producer Alpha Natural (ANR).

People owning ANR also tend to own: AAPLEPGSHDMOPMRIMM

TheStreet.com Rating: C+ What is this?

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