NEW YORK, November 28, 2016 /PRNewswire/ --
Stock-Callers.com redirects investors' attention to the Steel and Iron space which is involved in the manufacture of pig iron,
steel and ferroalloys, as well as the production of basic steel shapes, pipes and tubes. Equities under assessment today are: AK
Steel Holding Corp. (NYSE: AKS), Gerdau S.A. (NYSE: GGB), Steel Dynamics Inc. (NASDAQ: STLD), and Nucor Corp. (NYSE: NUE). Sign
up today and download for free the research reports for the stocks covered today at:
http://stock-callers.com/registration
AK Steel Holding
West Chester, Ohio headquartered AK Steel Holding Corp.'s stock recorded a trading volume of
11.27 million shares last Friday, and finished the trading session 2.40% higher at $9.40. The
Company's shares have surged 70.91% in the last one month, 105.24% over the previous three months, and 319.64% since the start of
this year. The stock is trading above its 50-day and 200-day moving averages by 67.80% and 98.45%, respectively. Furthermore,
shares of AK Steel Holding, which through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless and
electrical steel, and tubular products in the US and internationally, have a Relative Strength Index (RSI) of 85.74.
On November 8th, 2016, AK Steel announced that it will increase current spot market
base prices for all carbon flat-rolled steel products by a minimum of $30 per ton, effective
immediately with new orders.
On November 14th, 2016, research firm Morgan Stanley upgraded the Company's stock
rating from 'Equal-Weight' to 'Overweight'. AKS complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=AKS
Gerdau
Last Friday, Porto Alegre, Brazil-based Gerdau S.A.'s stock recorded a trading volume of 4.71
million shares, and ended the session at 3.05% lower at $4.13. The Company's shares have advanced
23.84% in the last one month, 49.32% over the previous three months, and 245.85% on an YTD basis. The stock is trading 30.38%
above its 50-day moving average and 83.97% above its 200-day moving average. Moreover, shares of Gerdau, which produces and
commercializes steel products worldwide, have an RSI of 68.94.
On November 9th, 2016, Gerdau reported consolidated EBITDA of R$1.2 billion and EBITDA margin of 13.8% in Q3 2016. For the 9 months of 2016, the company reported positive
free cash flow of R$1.0 billion. Gerdau's selling, general, and administrative expenses decreased
11.5% in the 9 months of 2016 compared to the same period of 2015; reflecting efforts made by the Company's management. The
complimentary report on GGB can be downloaded at:
http://stock-callers.com/registration/?symbol=GGB
Steel Dynamics
Fort Wayne, Indiana headquartered Steel Dynamics Inc.'s stock ended the day 0.11% higher at
$35.78 with a total trading volume of 1.40 million shares. The Company's shares have gained 34.61%
in the last month, 46.08% over the previous three months, and 103.83% on an YTD basis. The stock is trading 31.96% and 45.79%
above its 50-day and 200-day moving averages, respectively. Additionally, shares of Steel Dynamics, which together with its
subsidiaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates
and sells steel joist and deck products in the US and internationally, have an RSI of 88.97.
On November 14th, 2016, research firm Rosenblatt downgraded the Company's stock
rating from 'Buy' to 'Neutral'. Sign up for your complimentary report on STLD at:
http://stock-callers.com/registration/?symbol=STLD
Nucor
Shares in Charlotte, North Carolina-based Nucor Corp. recorded a trading volume of 855,138
shares and ended Friday's session 0.54% higher at $62.85. The stock has gained 32.76% in the last
month, 30.08% over the previous three months, and 59.72% since the start of this year. The Company's shares are trading above
their 50-day and 200-day moving averages by 24.44% and 29.63%, respectively. Furthermore, shares of Nucor, which manufactures and
sells steel and steel products in the US and internationally, have an RSI of 80.07.
On November 1st, 2016, Nucor announced that it has closed the acquisition of
Independence Tube Corp. for approximately $435 million. Independence Tube is a leading manufacturer
of hollow structural section (HSS) steel tubing, which is used in a broad array of structural and mechanical applications
including nonresidential construction, infrastructure, and agricultural and construction equipment end-use markets. Independence
Tube has the second highest market share in HSS, selling its products primarily through service centers, which are also an
important channel to market Nucor's products.
On November 14th, 2016, research firm Berenberg downgraded the Company's stock rating
from 'Buy' to 'Hold'. Download the research report for free on NUE at:
http://stock-callers.com/registration/?symbol=NUE
--
Stock Callers:
Stock Callers (SC) 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. SC 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.
SC 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 info@stock-callers.com. 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 SC. SC 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.
NO WARRANTY
SC, 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. SC, 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, SC, 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 SC 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
http://stock-callers.com/legal-disclaimer/
CONTACT
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:
Email: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA