New Technology, Price Increases, Board Member Appointments, Strategic Reviews,
and New Certifications - Research Report on Alcoa, AK Steel, Steel Dynamics,
Rio Tinto, and POSCO
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, December 30, 2013
NEW YORK, December 30, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Alcoa Inc.
(NYSE: AA), AK Steel Holding Corporation (NYSE: AKS), Steel Dynamics, Inc.
(NASDAQ: STLD), Rio Tinto plc (NYSE: RIO), and POSCO (NYSE: PKX). Today's
readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.
Alcoa Inc. Research Report
On December 20, 2013, Alcoa Inc. (Alcoa) announced that it has developed a
proprietary surface finishing technology, the ProStrength Finishing
Technology, that enables consumer electronics companies to use aerospace-grade
aluminum to make thinner, lighter, and stronger mobile devices. "Consumer
electronics makers had been exploring ways to create beautiful anodized
finishes on aerospace-grade aluminum alloys because they are among the
strongest, yet lightest metals available," said Ray Kilmer, Executive Vice
President and Chief Technology Officer of Alcoa. "ProStrength's anodized
finish creates the metallic look and feel that consumers prefer, and the
high-strength aluminum allows manufacturers to produce thinner, lighter, and
more durable enclosures." The Full Research Report on Alcoa Inc. - including
full detailed breakdown, analyst ratings and price targets - is available to
download free of charge at:
AK Steel Holding Corporation Research Report
On December 23, 2013, AK Steel Holding Corporation (AK Steel) reported that
after increasing its stainless steel price, as announced on November 22, 2013,
the Company has decided to increase base prices for all of its remaining
stainless steel products, effective with shipments on January 1, 2014.
According to the Company, the increase will be achieved through a discount
reduction of two percentage points, and for all products priced using net
prices, the increase will be achieved by adding $0.02 per pound to the
existing prices. 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:
Steel Dynamics, Inc. Research Report
On December 19, 2013, Steel Dynamics, Inc. (Steel Dynamics) announced the
appointment of Bradley S. Seaman to the Company's Board of Directors as an
independent director. According to the Company, Seaman has been appointed to
fill a vacancy created by the untimely death of board member James A.
Trethewey on October 18, 2013. The Company informed that Seaman's appointment
is for the balance of Trethewey's unexpired term of one year, ending May 2014.
The Full Research Report on Steel Dynamics, Inc. - including full detailed
breakdown, analyst ratings and price targets - is available to download free
of charge at:
Rio Tinto plc Research Report
On December 23, 2013, Rio Tinto plc (Rio Tinto) reported that it has advised
the management of Northern Dynasty Minerals Ltd (Northern Dynasty), (which
owns 100% of the Pebble Project, an undeveloped copper resource located in the
Bristol Bay region of western Alaska) that it intends to undertake a strategic
review, including a possible divestment, of its shareholding in Northern
Dynasty. According to the Company, through its wholly-owned subsidiary,
QIT-Fer et Titane Inc., Rio Tinto owns 18.1 million common shares of Northern
Dynasty, representing approximately 19.1% of Northern Dynasty's issued and
outstanding shares. As part of the Company's review, Rio Tinto notified that
it will consider the Pebble Project's fit with the Group's strategy of
investing in and operating long life and expandable assets, as well as with
the strategy for its Copper business. The Full Research Report on Rio Tinto
plc - including full detailed breakdown, analyst ratings and price targets -
is available to download free of charge at:
POSCO Research Report
On December 16, 2013, POSCO announced the introduction of the POSCO Supplier
Quality Certification (POSQC) to award quality certification certificates to
material providers and external partner companies that receive excellent
results. The Company informed that it has established a self-administered
quality certification system for core material providers and external partners
who directly influence product quality, to prevent inflow of poor quality
materials, to achieve zero quality accidents, and to secure the highest level
of quality competitiveness globally. POSCO stated that it expects the POSQC
quality certification system to lead quality management innovation of
suppliers and external partner companies, and to not only improve quality, but
to also contribute greatly to shared growth. The Full Research Report on POSCO
- including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
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SOURCE Analysts' Corner
Contact: Joe Thomas CONTACT PHONE: +1-310-496-8071 (North America)
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