NEW YORK, April 7, 2017 /PRNewswire/ --
Stock-Callers.com today reviews the performances of AK Steel Holding Corp. (NYSE: AKS), United States Steel Corp. (NYSE: X), ArcelorMittal (NYSE: MT), and Gerdau S.A. (NYSE: GGB). These stocks belong to the Steel and Iron industry, which is a basis for the development of a number of industries in the global economy, such as the Defense, Transportation and Heavy Engineering, and Energy and Construction industries. Learn more about these stocks by downloading their free research reports in PDF format at:
On Thursday, shares in West Chester, Ohio headquartered AK Steel Holding Corp. recorded a trading volume of 26.51 million shares, which was higher than their three months average volume of 20.24 million shares. The stock ended the day at $7.06, rising 3.37% from the last trading session. The Company's shares are trading above their 200-day moving average by 1.40%. Furthermore, shares of AK Steel, which through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels and tubular products in the US and internationally, have a Relative Strength Index (RSI) of 41.42.
On March 27th, 2017, AK Steel announced that its Zanesville (Ohio) Works has been recognized for outstanding safety performance by the Ohio Bureau of Workers' Compensation, Division of Safety and Hygiene. The recognition is part of a collaborative safety awareness program established by the Zanesville-Muskingum County Safety Council and Chamber of Commerce. Sign up and read the free research report on AKS at:
United States Steel
Pittsburgh, Pennsylvania headquartered United States Steel Corp.'s stock climbed 0.80%, finishing yesterday's session at $32.90. A total volume of 18.60 million shares was traded, which was above their three months average volume of 17.26 million shares. The Company's shares are trading above their 200-day moving average by 21.19%. Additionally, shares of United States Steel, which produces and sells flat-rolled and tubular steel products primarily in North America and Europe, have an RSI of 42.60.
On March 29th, 2017, United States Steel announced that interested stockholders, investors, and others may listen to the Company's Q1 2017 conference call with securities analysts on Wednesday, April 26th, 2017, at 8:30 a.m. ET. The Company plans to release its Q1 2017 financial results following the close of trading on the NYSE on Tuesday, April 25th, 2017. The complimentary research report on X can be downloaded at:
Shares in Luxembourg headquartered ArcelorMittal ended the session 0.61% higher at $8.24. The stock recorded a trading volume of 22.55 million shares, which was above its three months average volume of 16.88 million shares. The Company's shares have gained 5.91% over the previous three months and 12.88% on an YTD basis. The stock is trading 16.79% above its 200-day moving average. Moreover, shares of ArcelorMittal, which together with its subsidiaries, operates as an integrated steel and mining company worldwide, have an RSI of 45.30.
On March 28th, 2017, ArcelorMittal announced that it has published the statutory financial statements of ArcelorMittal parent Company for the year ended December 31st, 2016. These financial statements have been filed with the electronic database of the Luxembourg Stock Exchange, and are available on the Company's website under the Investors section.
On March 31st, 2017, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Register for free on Stock-Callers.com and access the latest report on MT at:
At the closing bell on Thursday, Porto Alegre, Brazil-based Gerdau S.A.'s stock dropped 2.67%, finishing at $3.28. A total volume of 8.08 million shares was traded. The Company's shares have gained 4.46% on an YTD basis. The stock is trading 1.85% above its 200-day moving average. Additionally, shares of Gerdau, which provides steel-related products and services worldwide, have an RSI of 34.59.
On March 15th, 2017, Gerdau announced that the Form 20-F related to the fiscal year ended December 31st, 2016 was filed with the US SEC, and the Securities and Exchange Commission of Brazil, and is available on the Company's website under Investor Relations. Get free access to your research report on GGB at:
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