EdgeWater 3/2/2011 12:32:15 PM
News / Business

Steel and Iron Stocks Trading Lower (VALE, GGB, AKS, RIO)

Steel and Iron Stocks Trading Lower (VALE, GGB, AKS, RIO)

Vale (ADR) (NYSE:VALE) slid 0.23% to $34.15. The stock has a 52-week range of $23.58-$37.25.

The stock has average daily volume of 19.77 million shares. At current market price, the market capitalization of the company stands at $179.68 billion.

Gerdau SA (ADR) (NYSE:GGB) is down 0.67% to $13.41. The stock has a 52-week range of $11.49-$17.99.

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).

AK Steel Holding Corporation (NYSE:AKS) lost 2.25% to $15.62. The stock has a 52-week range of $11.34-$25.24.

The stock has average daily volume of 8.40 million shares. At current market price, the market capitalization of the company stands at $1.72 billion.

Rio Tinto plc (ADR) (NYSE:RIO) dropped 0.52% to $70.71. Rio Tinto Plc is an international business involved in each stage of metal and mineral production.

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