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As Chinese Steel Hits Record Prices, Turn to 'SLX'

By: ETFdb
Precious metals might be pulling back to start the first quarter of 2021, but industrial metals are thriving. One ETF heading from strength to strength is the VanEck Vectors Steel ETF ( SLX B+ ), which is up about 27% year-to-date as steel prices in China hit record highs.
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