Leadership Changes, Financial and Operational Results, and Price Revisions - Research Report on Nucor, ArcelorMittal, CSN, AK

 Leadership Changes, Financial and Operational Results, and Price Revisions -
      Research Report on Nucor, ArcelorMittal, CSN, AK Steel, and Mechel

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, November 19, 2013

NEW YORK, November 19, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Nucor
Corporation (NYSE: NUE), ArcelorMittal SA (NYSE: MT), Companhia Siderurgica
Nacional (NYSE: SID), AK Steel Holding Corporation (NYSE: AKS), and Mechel OAO
(NYSE: MTL). Today's readers may access these reports free of charge -
including full price targets, industry analysis and analyst ratings - via the
links below.

Nucor Corporation Research Report

On November 5, 2013, Nucor Corporation (Nucor) reported that Daniel R. DiMicco
will be retiring from the Company's Board of Directors as well as from his
position as Executive Chairman, on December 31, 2013. The Company informed
that the Board of Directors has bestowed upon DiMicco the honorary title of
Chairman Emeritus, in appreciation for his service to Nucor as CEO, Chairman,
and Executive Chairman. Nucor stated that John J. Ferriola, the Company's
current CEO and President, will succeed DiMicco as Chairman of the Board, with
effect from January 1, 2014. The Full Research Report on Nucor Corporation -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/f8b8_NUE

--

ArcelorMittal SA Research Report

On November 7, 2013, ArcelorMittal SA (ArcelorMittal) reported its Q3 2013
financial results. In Q3 2013, the Company recorded sales of $19.6 billion,
down 2.7% QoQ. According to the Company, lower sales in Q3 2013 were due to
lower average steel selling prices and marginally lower steel volumes. EBITDA
increased by 0.8% QoQ to 1.7 billion during the quarter. Net loss was at $193
million, or $0.12 loss per share, compared to $780 million, or $0.44 loss per
share, in Q2 2013. Lakshmi N. Mittal, Chairman and CEO of ArcelorMittal said,
"After a weak first half, we have seen third quarter performance improve
year-on-year, positively impacted by our cost optimisation efforts and the
increased shipments from our mining expansion. We believe that the bottom of
the cycle is behind us and expect second half EBITDA, usually comparably
weaker, to be at least equal to the first. Although operating conditions
remain challenging, as economic indicators are improving we are cautiously
optimistic about the prospects for 2014." For full-year 2013, the Company
anticipates EBITDA to be more than 6.5 billion. The Full Research Report on
ArcelorMittal SA - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/60d4_MT

--

Companhia Siderurgica Nacional Research Report

On November 14, 2013, Companhia Siderurgica Nacional (CSN) reported its Q3
2013 financial results. In Q3 2013, the Company reported record consolidated
net revenue of BRL4.7 billion (Brazilian Real), up 14.8% QoQ. Q3 2013 adjusted
EBITDA was BRL1.7 billion, up 50.9% QoQ, driven by the mining and steel
segments. Net income arrived at BRL502.9 million, versus BRL501.9 million in
Q2 2013. The Full Research Report on Companhia Siderurgica Nacional -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:

http://www.analystscorner.com/r/full_research_report/6166_SID

--

AK Steel Corporation Research Report

On November 7, 2013, AK Steel Holding Corporation (AK Steel) announced an
increase in current spot market base prices for all carbon flat-rolled steel
products. The Company stated that the current spot market base prices will be
increased by $30 per ton, effective immediately with new orders. The Full
Research Report on AK Steel Holding Corporation - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:

http://www.analystscorner.com/r/full_research_report/b5b4_AKS

--

Mechel OAO Research Report

On November 7, 2013, Mechel OAO (Mechel) reported its Q3 2013 operational
results. In Q3 2013, the Company produced 7 million tonnes of run-of-mine
coal, reflecting an increase of 0.4% QoQ. In addition, during the quarter,
Mechel produced 0.9 million tonnes of pig iron, and 1.1 million tonnes of
steel, reflecting a decline of 10.8% QoQ and 12.1% QoQ, respectively. Evgeny
Mikhel, CEO of Mechel said, "Coal production volumes on our chief mining
enterprises remained on the same level quarter-on-quarter. The 10% decrease in
the coking coal sales quarter-on-quarter was due to weaker domestic demand,
which was partly compensated by increased export volumes. Sales were also
affected by the shipping delays to Asia due to Far Eastern floods. Mechel
Bluestone retained coking coal sales on the second-quarter level, In
accordance with our long-term strategy, Mechel continues to expand into new
markets for metallurgical coals. Over this year's first nine months the
company managed to increase its PCI sales by 51% compared to the same period
last year due to increased supplies to Asia Pacific, Britain and Belgium.
Anthracite sales in the third quarter went down as our European customers
partly replaced anthracites for PCI." He added, "The decrease in heat and
electricity sales in 9M2013 as compared to the same period last year is due to
disposal of several power division assets - primarily Toplofikatsia Rousse
EAD." The Full Research Report on Mechel OAO - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:

http://www.analystscorner.com/r/full_research_report/489c_MTL

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