) are down 6.7% and 5.1%, respectively. U.S. steel is recouping some losses today, up 63 cents, or 1.40%, to $45.77. For investors betting on an economic recovery, steel names are the way to go. Steel manufactuers are highly cyclical and levered to the global growth story. As China goes, so goes steel. Efforts to curb lending by the Chinese government have lowered steel production and demand in China. Assuming China executes its "soft landing" strategy properly, steel names should continue to benefit from China's robust growth.