The leading steel stocks have really struggled to catch a bid higher since mid-March 2012. Today, is really no exception for the important sector as most of the leading steel stocks continue to trade lower. U.S. Steel Corp (NYSE:X) is considered one of the leading stocks in the industry group. This leading stock is trading lower by 0.30 cents to $25.23 a share.

This morning, most of the leading steel stocks are trading slightly lower on the session. The important steel sector has been declining since March 19, 2012. The sector still looks as if it can have further downside in the near term before any meaningful bounce can take place. The leading steel stock that most traders follow is U.S. Steel Corp (NYSE:X).

PanGeo Subsea Inc. (PanGeo) and Global Geophysical Services Inc (NYSE:GGS), two leading geophysical service and technology providers, announced that they have entered into an agreement for the development and commercialization of the Acoustic Zoom(R) product line.

Nucor Corporation (NYSE:NUE) Chairman and CEO Dan DiMicco was named to IndustryWeek magazine's Manufacturing Hall of Fame. DiMicco was one of ten members selected this year. In describing the inductees for 2011, IndustryWeek said, "This year's inductees have made names for themselves by challenging the established norms of their organizations, their industries and their world."