EdgeWater 4/10/2011 12:33:01 AM
News / Business

Steel and Iron Stocks Alert (VALE, AKS, GGB, RIO)

Steel and Iron Stocks Alert

Vale (ADR) (NYSE:VALE) surged 0.77% to $33.93. The stock has a 52-week range of $23.58-$37.25.

The stock has average daily volume of 20.85 million shares. At Friday’s closing market price, the market capitalization of the company stands at $182.04 billion.

AK Steel Holding Corporation (NYSE:AKS) lost 2.47% to $15.78. 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).

The stock opened at $16.28 and is trading within the range of $15.63-$16.37.

Gerdau SA (ADR) (NYSE:GGB) added 1.51% to $12.79. The stock has a 52-week range of $11.49-$17.99.

The stock has average daily volume of 7.78 million shares. At Friday’s closing market price, the market capitalization of the company stands at $19.40 billion.

Rio Tinto plc (ADR) (NYSE:RIO) gained 2.09% to $73.93. Rio Tinto Plc is an international business involved in each stage of metal and mineral production.

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