Technical Scrutiny: Companhia Siderurgica Nacional, AK Steel, Steel Dynamics, and Tenaris PR Newswire LONDON, July 29, 2013 LONDON, July 29, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom On Friday, July 26, 2013, shares of steel & iron companies ended mostly higher, tracking the broader market. The major movers in the industry included Companhia Siderurgica Nacional (ADR) (NYSE: SID), AK Steel Holding Corporation (NYSE: AKS), Steel Dynamics Inc. (NASDAQ: STLD), and Tenaris S.A. (ADR) (NYSE: TS). AAAResearchReports.com tracked SID, AKS, STLD, and TS. These reports can be seen for free at: http://www.aaaresearchreports.com/register/ Shares of Companhia Siderurgica Nacional surged on Friday, finishing at $3.10, up 7.27% from its previous closing price. The company's shares oscillated between $3.00 and $3.14. A total of 7.56 million shares were traded, which is above the daily average volume of 5.87 million. The stock gained 13.97% last week as compared to a loss of 0.03% in the S&P 500. Despite the recent rally, the company's shares have dropped by 20.31% in the last three months as compared to a gain of 6.91% in the S&P 500. Download free research on SID by signing up now at: http://www.AAAResearchReports.com/SID072913.pdf AK Steel Holding Corporation's stock moved higher on Friday, ending the session at $3.61, up 2.85% from its previous closing price. The company's shares fluctuated between $3.49 and $3.61. A total of 3.49 million shares were traded, which is below the daily average volume of 5.21 million. AK Steel's shares outperformed the S&P 500 last week, gaining 7.76%. Register for today's free analysis on AKS at: http://www.AAAResearchReports.com/AKS072913.pdf Shares of Steel Dynamics Inc. edged lower on Friday even as the broader market posted gains. The company's shares oscillated between $15.49 and $15.77 before closing the day 0.38% lower at $15.60. A total of 1.26 million shares were traded, which is below the daily average volume of 2.07 million. Despite Friday's pullback, the company's shares gained 2.56% last week, outperforming the S&P 500. Moreover, the stock is currently trading near its 52-week high of $16.23. A free report on STLD can be accessed by registering at: http://www.AAAResearchReports.com/STLD072913.pdf Tenaris S.A.'s stock edged higher on Friday, reversing some of its recent losses. The company's shares traded between $43.37 and $43.98 before finishing the day 0.39% higher at $43.93. A total of 541,698 shares were traded, which is below the daily average volume of 1.31 million. Tenaris' shares have declined by 1.17% in the last three trading sessions. In the last one month, however, the stock has outperformed the broader market, gaining 9.09% as compared to a gain of 5.31% in the S&P 500. Register with AAA Research Reports and download research on TS for free at: http://www.AAAResearchReports.com/TS072913.pdf EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below. 3.This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4.If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com. 5.For any urgent concerns or inquires, please contact us at compliance@EquityNewsNetwork.com. 6.Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. SOURCE AAA Research Reports Contact: AAAresearchreports.com Phone #: +1(646)396-9126
Technical Scrutiny: Companhia Siderurgica Nacional, AK Steel, Steel Dynamics, and Tenaris
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