EdgeWater 1/14/2011 11:43:19 PM
News / Business

Steel and Iron Stocks Rallying (NUE, SID, STLD, MTL)

Steel and Iron Stocks Rallying

Nucor Corporation (NYSE:NUE) added 1.87% to $44.57. Nucor Corporation along with its affiliates is engaged in the business of manufacturing of steel and steel products, with operating facilities and customers primarily located in North America.

The stock has average daily volume of 4.43 million shares. At current market price, the market capitalization of the company stands at $14.07 billion.

Companhia Siderurgica Nacional (ADR) (NYSE:SID) jumped 2.01% to $17.80. Companhia Siderurgica Nacional (CSN) is an integrated steel producer in Brazil and Latin America.

The stock opened at $17.63 and is trading within the range of $17.63-$17.88.

Steel Dynamics, Inc. (NASDAQ:STLD) jumps 1.52% to $18.87. The stock has a 52-week range of $12.89-$20.47.

 The stock has average daily volume of 3.98 million shares. At current market price, the market capitalization of the company stands at $4.10 billion.

Mechel OAO (ADR) (NYSE:MTL) is up 5.70% to $33.75. The stock opened at $32.28 and is trading within the range of $32.16-$34.39. The stock made its fresh one-year high of $34.39.

Mechel OAO is an integrated mining, steel, ferroalloys and power company.

Article published by Wall Street Grand. Visit the Wall Street Grand Club today.

SAFE LINK

Disclaimer:

For our full disclosure please visit - http://www.wallstreetgrand.com/disclosure.html