Why United States Steel, Century Aluminum, and Star Bulk Carriers Stocks All Crashed Today

Thursday is looking like a rough day for investors in metals companies -- and in the companies that transport their goods from place to place. As of 1:45 p.m. EDT, shares of United States Steel (NYSE: X) and Century Aluminum (NASDAQ: CENX) were down 7.3% and 8.4%, respectively. Star Bulk Carriers (NASDAQ: SBLK), a carrier of bulk goods such as iron ore for producing steel, bauxite for producing aluminum, and also finished metals products, was down by 6.9%, in line with USX's drop.