U.S. Steel, AK Steel Trending Higher Following Earnings Beat

Related X Stocks Lower As Earnings Season Takes Back Seat To Geopolitical Uncertainties Earnings Scheduled For July 29, 2014

U.S. Steel (NYSE: X) is making its biggest one-day move in three years after reporting a massive earnings beat. On top of that, revenue beat Wall Street's expectations for the first time since early 2013.

The stock recently traded at $32.75, up 18.3 percent.

AK Steel (NYSE: AKS) shares are also trading about 3.3 percent higher following its better-than-expected second quarter report.

These reports have put several other steel companies in play.

Steel Dynamics (NASDAQ: STLD) shares are up 0.44 percent Commercial Metals (NYSE: CMC) shares are up 0.34 percent ArcelorMittal (NYSE: MT) shares are up 1.77 percent China Precision Steel (OTC: CPSL) shares were up 2.7 percent

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