NEW YORK, Dec. 28, 2017 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on STLD, NUE, SID, and MT which can be accessed for free by signing up to www.wallstequities.com/registration. In today's pre-market research, WallStEquities.com monitors Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corp. (NYSE: NUE), Companhia Siderurgica Nacional (NYSE: SID), and ArcelorMittal SA (NYSE: MT). These companies operate in the Steel and Iron sector, which covers the manufacturing of steel into basic shapes and forms that then can be used to create products. All you have to do is sign up today for this free limited time offer, click the link below. www.wallstequities.com/registration
Fort Wayne, Indiana headquartered Steel Dynamics, Inc.'s stock finished Wednesday's session 1.12% lower at $43.19. A total volume of 1.03 million shares was traded. The Company's shares have advanced 15.60% in the past month, 26.66% over the previous three months, 16.51% in the last twelve months, and 21.39% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.57% and 20.41%, respectively. Furthermore, shares of Steel Dynamics, which together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the US and internationally, have a Relative Strength Index (RSI) of 67.90.
On December 07th, 2017, Steel Dynamics commented that it is pleased with the announcement by the Department of Commerce concerning the preliminary affirmative circumvention determination against flat roll steel from China processed into cold roll and corrosion resistant flat roll steel in Vietnam. The circumvention investigation was made pursuant to a petition filed by Steel Dynamics on September 22nd, 2016.
On December 20th, 2017, research firm Longbow upgraded the Company's stock rating from 'Neutral' to 'Buy'. Get the full research report on STLD for free by clicking below at: www.wallstequities.com/registration/?symbol=STLD
Shares in Charlotte, North Carolina-based Nucor Corporation ended at $64.61, down 0.19% from the last trading session. The stock recorded a trading volume of 2.07 million shares. The Company's shares have gained 15.68% in the last one month and 16.18% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 10.33% and 11.30%, respectively. Moreover, shares of Nucor, which manufactures and sells steel and steel products in the US and internationally, have an RSI of 70.96.
On December 01st, 2017, Nucor's Board of Directors increased the regular quarterly cash dividend on its common stock to $0.38. This cash dividend is payable on February 09th, 2018, to stockholders of record on December 29th, 2017.
On December 20th, 2017, research firm Longbow upgraded the Company's stock rating from 'Neutral' to 'Buy'. Free research on NUE can be accessed at: www.wallstequities.com/registration/?symbol=NUE
Companhia Siderurgica Nacional
Sao Paulo, Brazil headquartered Companhia Siderurgica Nacional's stock ended yesterday's session 1.67% higher at $2.44 with a total trading volume of 1.87 million shares. The Company's shares have advanced 0.83% in the past month. The stock is trading below its 50-day moving average by 1.19%. Additionally, shares of the Company, which operates as an integrated steel producer in Brazil, have an RSI of 55.84. Visit WallStEquities.com now and sign up for the free research on SID at: www.wallstequities.com/registration/?symbol=SID
On Wednesday, shares in Luxembourg headquartered ArcelorMittal recorded a trading volume of 1.43 million shares. The stock finished the day 0.55% lower at $32.78. The Company's shares have advanced 10.63% in the last one month, 29.46% in the previous three months, 48.26% over the last twelve months, and 49.68% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.31% and 26.75%, respectively. Furthermore, shares of ArcelorMittal, which together with its subsidiaries, owns and operates steel manufacturing and mining facilities, have an RSI of 66.14.
On December 15th, 2017, ArcelorMittal announced the extension of the conversion date for the $1-billion, privately placed mandatory convertible bond (MCB) issued on December 28th, 2009, by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is mandatorily convertible into preferred shares of such subsidiary, was executed on December 14th, 2017. The mandatory conversion date of the bond has been extended to January 29th, 2021. The free technical report on MT is available at: www.wallstequities.com/registration/?symbol=MT
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities