Today's Technical View: AK Steel Holding, Companhia Siderurgica Nacional, Steel Dynamics, and Tenaris
Jun 25, 2013, 08:25 ET
LONDON, June 25, 2013 /PRNewswire/ --
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On Monday, June 24, 2013, shares in steel and iron companies ended mostly lower, tracking losses in the broader market. The major movers in the sector included AK Steel Holding Corporation (NYSE: AKS), Companhia Siderurgica Nacional (ADR) (NYSE: SID), Steel Dynamics Inc. (NASDAQ: STLD), and Tenaris S.A. (ADR) (NYSE: TS). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on AKS, SID, STLD, and TS are currently available upon sign up at
Shares in AK Steel Holding Corporation tumbled on Monday, tracking losses in the broader market. The company's shares hit an intraday low of $3.06 before finishing the day 5.26% lower at $3.15. A total of 8.20 million shares were traded which is well above the daily average volume of 5.48 million. AK Steel's shares have fallen 9.22% in the last three trading sessions. The recent losses have pushed the stock near its 52-week low of $2.76. Sign up for free technical analysis on AKS at:
Companhia Siderurgica Nacional's stock also fell sharply on Monday as the broader market came under pressure. The company's shares oscillated between $2.79 and $2.91 before finishing the day 3.38% lower at $2.86. A total of 4.50 million shares were traded which is below the daily average volume of 6.63 million. Companhia Siderurgica's shares have declined 4.67% in the last three market sessions. The stock is trading near its 52-week low of $2.72. Download free report on SID by registering at:
Shares in Steel Dynamics Inc. fell sharply on Monday, extending their losses from previous trading sessions. The company's shares vacillated between $13.85 and $14.46 before closing the day 2.07% lower at $14.20. A total of 2.79 million shares were traded which is above the daily average volume of 2.11 million. Steel Dynamics' shares have declined 4.57% in the last three sessions. The free report on STLD can be downloaded by signing up now at:
Tenaris S.A.'s stock also slipped on Monday, closing 1.36% lower at $39.26 after trading between $38.47 and $39.42. A total of 1.71 million shares were traded which is more than double the daily average volume of 808,863. The company's shares have fallen 4.62% in the last three trading sessions. A free report on TS can be accessed by registering at:
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SOURCE AAA Research Reports
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