EdgeWater 11/30/2010 12:07:49 AM
News / Business

Iron&Steel Stocks To Watch (AKS, ArcelorMittal, Steel Dynamics)

Iron&Steel Stocks To Watch

AK Steel Holding Corporation (NYSE:AKS) dropped 1.43% to $13.07. The 52-week range of the stock is $11.34-$26.75. The stock went down more than 38% year-to-date.

AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel).

ArcelorMittal (ADR) (NYSE:MT) fell 0.81% to $31.71. The 52-week range of the stock is $26.28-$49.41.

The stock opened at $31.68 and is trading within the range of $31.53-$31.94. At current market price, the market capitalization of the company stands at $47.90 billion.

ArcelorMittal is a global steel producer. The Company has steel-making operations in 20 countries on four continents, including 65 integrated, mini-mill and integrated mini-mill steel-making facilities.

Steel Dynamics, Inc. (NASDAQ:STLD) is trading at $15.82, higher 0.38%. The 52-week range of the stock is $12.89-$20.47        .

The stock opened at $15.62 and is trading within the range of $15.51-$15.84. At current market price, the market capitalization of the company stands at $3.43 billion.

Steel Dynamics, Inc. is a steel producer and metals recycler. The primary sources of its revenues are from the manufacture and sale of steel products; processing and sale of recycled ferrous and nonferrous metals, and to a lesser degree, fabrication and sale of steel joist and decking products.

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