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VanEck Steel ETF

SLX

Market cap $150M

99.40 USD

-1.90

1.88%

At close Updated Oct 30, 4:00 PM EDT

1 day

-1.88%

5 days

-0.86%

1 month

-2.8%

3 months

-6.61%

6 months

-3.89%

Year to date

15.03%

1 year

25.9%

5 years

76.27%

10 years

199.04%

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 50%

Neutral 0%

Negative 50%

Steel Stocks Jump as U.S.-Canada Tariff Fight Escalates

Steel Dynamics, Nucor, and Cleveland-Cliffs shares rise as escalating U.S.-Canada trade tensions put steel tariffs back in focus.

Steel Stocks Jump as U.S.-Canada Tariff Fight Escalates

SLX Could Be Heading For A New Record High

The VanEck Steel ETF (SLX) is upgraded from Hold to Buy as bullish steel fundamentals persist into August 2026. Tariffs, sanctions, and rising production costs have driven steel prices higher, with SLX nearing its 2008 all-time high. SLX's diversified holdings include major steel producers and commodity giants, with strong U.S. policy support benefiting names like NUE.

SLX Could Be Heading For A New Record High

Living In a Materials ETF World: Broad & Targeted Exposure

Materials are often viewed as a sleepy, cyclical corner of the market, but the artificial intelligence (AI) buildout is adding vim and vigor to the sector.

Living In a Materials ETF World: Broad & Targeted Exposure

Zacks Investment Research

AI Hunger Fuels VanEck Steel ETF (SLX): Is There More Room to Grow?

SLX hit a new 52-week high in early June, raising questions about further upside amid shifting industry trends.

AI Hunger Fuels VanEck Steel ETF (SLX): Is There More Room to Grow?

Zacks Investment Research

Steel ETF (SLX) Touches a New 52-Week High

SLX hits a new 52-week high, climbing 77.6% from its low as demand for steel rises amid acceleration in global data center construction.

Steel ETF (SLX) Touches a New 52-Week High

MEXC Lists Solstice Finance (SLX) with 200,000 SLX and 40,000 USDT Airdrop+ Rewards

VICTORIA, Seychelles, May 26, 2026 (GLOBE NEWSWIRE) -- MEXC , a pioneer in 0-fee digital asset trading, has announced the listing of Solstice Finance (SLX) in its Innovation Zone. Spot trading for the SLX/USDT pair is now available, with withdrawals scheduled to open on May 26, 2026, at 14:00 (UTC).

MEXC Lists Solstice Finance (SLX) with 200,000 SLX and 40,000 USDT Airdrop+ Rewards

Bitget lists Solstice Finance (SLX) for Spot Trading

VICTORIA, Seychelles, May 26, 2026 (GLOBE NEWSWIRE) -- Bitget , the world's largest Universal Exchange (UEX), has announced the addition of Solstice Finance (SLX) for spot trading in the Solana ecosystem zone. Trading for the SLX/USDT pair opens on May 25, 2026, 14:00 (UTC), with withdrawals available from May 26, 2026, 15:00 (UTC).

Bitget lists Solstice Finance (SLX) for Spot Trading

Downgrading The SLX ETF From Buy To Hold

The VanEck Steel ETF has sustained a bullish trend, nearing its 2008 all-time high, driven by rising steel prices and global supply-demand dynamics. SLX is rated a hold, as recent price strength increases correction risk, but long-term drivers—military demand, inflation, and potential Chinese recovery—remain supportive. Tariffs and trade protectionism have bolstered U.S. steelmakers, while elevated input costs and interest rates present ongoing challenges for steel demand.

Downgrading The SLX ETF From Buy To Hold

SLX: Finally Back To 2008 Highs, But Steel Stocks Are Just Getting Started

VanEck Steel ETF aligns with a bullish global reflation cycle and earns a reiterated buy rating. SLX offers attractive valuation at 13.3x P/E, 12.4% long-term earnings growth, and strong technical momentum. Top holdings like RIO and BHP drive performance; over 70% international allocation provides currency diversification.

SLX: Finally Back To 2008 Highs, But Steel Stocks Are Just Getting Started

The Trump administration is preparing to reshape its steel and aluminum tariff regime

Altered rates on finished products made with the metals would simplify compliance, but could effectively raise costs for many imports.

The Trump administration is preparing to reshape its steel and aluminum tariff regime

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