The Steel ETF (AMEX:SLX) is seeing unusually high volume in afternoon trading Friday, with over 87,000 shares traded versus three month average volume of about 77,000. Shares of SLX were up about 0.1% on the day.
Components of that ETF with the highest volume on Friday were Vale SA (NYSE:VALE), trading up about 0.1% with over 5.3 million shares changing hands so far this session, and United States Steel (NYSE:X), off about 0.7% on volume of over 3.2 million shares. AK Steel Holding (NYSE:AKS) is the component faring the best Friday, higher by about 2.9% on the day, while Castle A M & (CAS) is lagging other components of the Steel ETF, trading lower by about 2.2%.
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