According to the foreign news, the share price of US Steel soared by 7.82%, reaching the highest level since April 25th, 2016. It was mainly owed to the sales performance report was beyond the expectation and still had a promising future.

The share price of US Steel had kept dropping for four dealing days and even plummeted by 4.3% on last Tuesday since the investors worried it would follow the trend of AK Steel.

AK Steel had announced the sales performance report previously while due to the poor result, the share price fell to the lowest level in recent one year.

Since the beginning of this year, the share prices of US Steel and AK Steel have dropped by 13% and 54% respectively, while the S&P 500 Index has increased 16% during the same period.