Declining prices, along with demand and economic headwinds paint a challenging picture for the steel industry. However, stocks like FSTR, CRS and GGB look promising in the current scenario.
L.B. Foster's (FSTR) rally is driven by stellar first-quarter earnings, promising growth prospects and solid operational performance.
L.B. Foster (FSTR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.