Renewed Hopes for Steel ETF Relies on Trump

After more than doubling last year to rank as one of 2016’s best-performing non-leveraged exchange traded funds, the VanEck Vectors Steel ETF (NYSEArca: SLX) has cooled off in a big way this year. Year-to-date, SLX is lower by nearly 3% and over the past quarter, the steel ETF has tumbled more than...