Top Iron & Steel Stocks are VALE, AKS, MTL

Vale (ADR) (NYSE:VALE) climbed up 3.96% over its previous day’s price and now trades at $26.82 on a massive volume of 4.21 million shares.  The stock has a 52-week range of $11.82-$31.96. Vale S.A., formerly Companhia Vale do Rio Doce, is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets. It also produces manganese ore, ferroalloys and kaolin. It also produces bauxite, alumina, aluminum, copper, coal, cobalt, precious metals, potash and other products.    

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AK Steel Holding Corporation (NYSE:AKS) jumped 5.41% to $21.44 on a massive volume of 1.87 million shares. The stock has a 52-week range of $5.39-$26.75. AK Steel Holding Corporation (AK Holding) is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel).

Mechel OAO (ADR) (NYSE:MTL) is amongst the top gainer in the early few hours. The stock has spurted 6.87% and is trading at $21.15 with a massive volume of 1.19 million shares. The stock has a 52-week range of $2.92-$26.63. Mechel OAO (Mechel) is a Russia-based vertically integrated mining, steel, ferroalloys, and power company. The Company also provide coal washing services, both to the coal-mining subsidiaries and to third parties. The steel business comprises the production and sale of semi-finished steel products, carbon and specialty long products, carbon and stainless flat products, and value-added downstream metal products, including hardware, stampings, and forgings.

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