LONDON, June 25, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
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:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is 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 by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does 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.
SOURCE AAA Research Reports