EdgeWater 2/19/2011 11:51:44 PM
News / Business

Steel and Iron Stocks Mixed (VALE, GGB, AKS, SID)

Steel and Iron Stocks Mixed

Vale (ADR) (NYSE:VALE) slid 0.84% to $35.27. The stock has a 52-week range of $23.58-$37.25.

The stock has average daily volume of 20.04 million shares. At current market price, the market capitalization of the company stands at $185.41 billion.

Gerdau SA (ADR) (NYSE:GGB) gained 1.45% to $14.71. Gerdau S.A. is a producer of long rolled steel. Gerdau operates steel mills that produce steel by direct iron-ore reduction (DRI) in blast furnaces and in electric arc furnaces (EAF).

The stock opened at $14.45 and is trading within the range of $14.43-$14.74.

AK Steel Holding Corporation (NYSE:AKS) is trading at $17.61. The stock has a 52-week range of $11.34-$25.24. The stock has average daily volume of 8.74 million shares. At current market price, the market capitalization of the company stands at $1.94 billion.

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).

Companhia Siderurgica Nacional (ADR) (NYSE:SID) fell 1.65% to $16.68. The stock opened at $16.83 and is trading within the range of $16.66-$16.88.

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