New Management, Recognitions, and Adjustments - Research Report on United States Steel Corporation, Nucor Corporation, ArcelorMittal, Gerdau SA, and Steel Dynamics, Inc.
NEW YORK, February 27, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting United States Steel Corporation (NYSE: X), Nucor Corporation (NYSE: NUE), ArcelorMittal (NYSE: MT), Gerdau SA (NYSE: GGB), and Steel Dynamics, Inc. (NASDAQ: STLD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
United States Steel Corporation Research Report
After 38 years of service with United States Steel, Michael Meyers retires from being the company's General Manager - Sales. Burt Caldwell will take Meyers' position for the North American flat-rolled sales team, effective March 1. Caldwell will assume responsibility for the sales activities for the company's service center, pipe and tube converter, agricultural and industrial equipment customers. In January, United States Steel reported solid Q4 2012 results, its third consecutive quarter with all the segments having positive operating results despite uncertainty in the global economy. For the current fiscal year the company expects a slight improvement in the European and Tubular segment, and the flat-rolled segment expected to be near breakeven. Five cents per share dividend on common stock is payable on March 8. The Full Research Report on United States Steel Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/12b8_X]
Nucor Corporation Research Report
Nucor's Q4 2012 earnings were within the guidance range due to operating profits that beat expectations. The company's Q1 2013 earnings expectations, however, are below the Q4 level due to lower level of operating performance. The company is also cautious about the construction markets. The iron and steel industry is currently going through a difficult phase due to insufficient demand for steel products. The financial crisis in Europe is another area of concern for companies. Nevertheless, Nucor remains optimistic as it has a diversified client base, which makes it not highly dependent on the conditions prevalent in a particular region. Its strongest end market is the manufactured goods, including automotive, energy and heavy equipment. On April 15 the company will release its Q1 2013 earnings result. The Full Research Report on Nucor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/0b2f_NUE]
ArcelorMittal Research Report
Polish magazine Nowy Przemysł presented an award to ArcelorMittal Poland for its contribution to the Polish industry, supporting the country's development and helping attract global investors. The award is presented at the Changing the Polish Industry forum, one of the most important economic conferences in Poland. The company is recognized for having developed a sustainable business, as well as having invested in the Polish industry, creating proper conditions for global investors in Poland and in Europe. Proving to be continuously succeeding, the company's capital expenditure in 2013 is expected to be approximately $3.5 billion and steel shipments are expected to increase by approximately two to three percent as compared to the previous year. The Board of Directors proposed a 20 cents dividend per share, payable in July. The Full Research Report on ArcelorMittal - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/adf6_MT]
Gerdau SA Research Report
In 2012, Gerdau saw an increase in costs of important raw materials, including scrap and freight, which affected the sector's profitability. In this perspective, the company plans to enhance its operational efficiency in all its markets, driven by the strategy of striving for higher levels of profitability and sustainable development. One of the company's initiatives is to increase investments in the mining area to add more profit and generate significant results. In Q1 2013 Gerdau plans to expand the product mix in Brazil with the start of production of flat steel products. Diversification also helps the company to gain significant growth potential. The Full Research Report on Gerdau SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/46e1_GGB]
Steel Dynamics, Inc. Research Report
Due to a four percent increase in shipments, Steel Dynamics' operating profits from steel operations grew seven percent to $8 million in Q4 2012. The company's quarterly EPS was at 27 cents on revenues of $1.7 billion, six cents higher than the preceding quarter. With the US economy, one of the company's biggest catalysts, and the steel industry slowly recovering, it expects to do well in the coming years. Steel Dynamics remain optimistic that the organic growth projects that it has identified in 2012 will position the company to continue to build a strong enterprise. The company also sees potential in the automotive and manufacturing sectors, believing them to build momentum in 2013. The Full Research Report on Steel Dynamics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/c491_STLD]
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SOURCE Investors-Alliance
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