Industry Press Releases

Steel & Iron Stocks on Investors' Radar -- Steel Dynamics, Nucor, Worthington Industries, and TimkenSteel

Monday, Apr 03, 2017

On Thursday, benchmark US indices were in bullish colors as the NASDAQ Composite closed the trading session up 0.28%; the Dow Jones Industrial Average edged 0.33% higher; and the S&P 500 was up 0.29%. US markets saw a mixed session as 4 sectors closed in green, 4 sectors finished in red, and 1 sector ended flat for the day. Pre-market today, Stock-Callers.com reviews these four Steel & Iron stocks: Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corporation Worthington Industries Inc. (NYSE: WOR), and TimkenSteel Corporation (NYSE: TMST). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

Steel Dynamics

On Thursday, shares in Fort Wayne, Indiana headquartered Steel Dynamics Inc. recorded a trading volume of 1.55 million shares. The stock ended the day 0.61% higher at $34.55. Shares of the Company, which together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the US and internationally, are trading at a PE ratio of 22.06. Steel Dynamics' stock has surged 56.56% in the past one year. The Company's shares are trading above its 200-day moving average by 14.63%. Furthermore, Steel Dynamics' shares have a Relative Strength Index (RSI) of 49.37. Free research report on STLD is available at:

http://stock-callers.com/registration/?symbol=STLD

Nucor

Charlotte, North Carolina-based Nucor Corp.'s stock finished Thursday's session 0.55% higher at $60.10, with a total volume of 2.01 million shares traded. Nucor's shares have gained 30.70% in the past one year. The Company's shares are trading above its 200-day moving average by 9.85%. Shares of Nucor, which manufactures and sells steel and steel products in the US and internationally, are trading at a PE ratio of 24.23. Additionally, the stock has an RSI of 47.01. The complimentary research report on NUE can be downloaded at:

http://stock-callers.com/registration/?symbol=NUE

Worthington Industries

Columbus, Ohio headquartered Worthington Industries Inc.'s stock declined 9.20%, to close the day at $45.97. The stock recorded a trading volume of 1.86 million shares, which was above its three months average volume of 512,650 shares. Worthington Industries' shares have gained 31.24% in the past one year. The Company's shares are trading 6.33% and 2.52% below its 50-day and 200-day moving averages, respectively. Shares of the Company, which focuses on value-added steel processing and manufactured metal products in the US, Europe, Mexico, Canada, and internationally, are trading at a PE ratio of 14.76. Additionally, the stock has an RSI of 35.00.

On March 14th, 2017, research firm Macquarie upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Visit us today and access our complete research report on WOR at:

http://stock-callers.com/registration/?symbol=WOR

TimkenSteel

On Thursday, shares in Canton, Ohio headquartered TimkenSteel Corp. ended the session 2.02% higher at $18.15, with a total volume of 547,583 shares traded. TimkenSteel's shares have surged 13.15% in the last three months and 99.45% in the previous one year. The stock is trading 0.02% above its 50-day moving average and 36.00% above its 200-day moving average. Moreover, shares of the Company, which manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide, have an RSI of 45.92. Get free access to your research report on TMST at:

http://stock-callers.com/registration/?symbol=TMST

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Source:prnewswire.com

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