Stock News : Steel Stocks Rebounds from recent Decline (FCX, SCCO, TCK, CENX, Alcoa Inc.)

Shares of Copper or other metal related company’s shares rose on Wednesday after a better-than-anticipated report on home sales and a recovery in U.S. stocks. Recently, Metal Stocks were sold off due to continuous concern over Europe’s debt crisis and China’s growth concern.

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Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) is one of the biggest gainer and jumped 1.80% to $67.68 with over 4.53 million shares after falling to $66.04 earlier in the session. So far this year, the stock is down over 16.50%. Over the past 52-week, the stock had been moving in the range of $43.19-$90.55.

Freeport-McMoRan Copper & Gold Inc. (FCX), through its wholly owned subsidiary, Phelps Dodge Corporation (Phelps Dodge) is a copper, gold and molybdenum mining company.

Southern Copper Corporation (USA) (NYSE:SCCO) climbed 3.65% to $28.93 with over 1.10 million shares after falling to $27.91 in the morning session. So far this year, the stock is down over 12.20%. Over the past 52-week, the stock had been moving in the range of $18.46-$36.98.

Southern Copper Corporation (SCC) is an integrated copper producer. The Company produces copper, molybdenum, zinc and silver.

Teck Resources Limited (NYSE:TCK) gained 5.60% to $33.97 with over 2 million shares. So far this year, the stock is down over 5%. Over the past 52-week, the stock had been moving in the range of $14.48-$46.92.

Century Aluminum Company (NASDAQ:CENX) rose 2% to $9.90 with over 1 million shares. Over the past 52-week, the stock had been moving in the range of $4.70-$18.77. So far this year, the stock is down over 39.50%.

Teck Resources Limited (Teck), formerly Teck Cominco Limited, is engaged in mining and related activities, including exploration, development, processing, smelting and refining. Its major products are metallurgical coal, copper and zinc.

Alcoa Inc. (NYSE:AA) rose 0.63% to $11.26 with over 11 million shares. So far this year, the stock had underperformed the wider market and plunged about 31%.

Alcoa Inc. (Alcoa) is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined.

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