Breakfast Technical Briefing on Steel and Iron Stocks -- United States Steel, Steel Dynamics, AK Steel, and Gerdau

NEW YORK, August 23, 2017 /PRNewswire/ --

If you want a Stock Review on X, STLD, AKS, or GGB then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. This morning's attention is set onto the Steel and Iron industry, which is a basis for the development of a number of industries in the global economy: the defense industry, transportation and heavy engineering, and energy and construction, including aeronautical and shipping construction. For today, DailyStockTracker.com observes these four companies: United States Steel Corp. (NYSE: X), Steel Dynamics Inc. (NASDAQ: STLD), AK Steel Holding Corp. (NYSE: AKS), and Gerdau S.A. (NYSE: GGB). Daily Stock Tracker published free research reports on these stocks today at:

http://dailystocktracker.com/register/ 

United States Steel 

Pittsburgh, Pennsylvania headquartered United States Steel Corp.'s shares gained 3.99%, closing Tuesday's trading session at $24.25. The stock recorded a trading volume of 14.34 million shares. The Company's shares have advanced 1.89% in the last month and 18.99% over the previous three months. The stock is trading 6.11% above its 50-day moving average. Additionally, shares of the Company, which produces and sells flat-rolled and tubular steel products primarily in North America and Europe, have a Relative Strength Index (RSI) of 54.81.  

On July 28^th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Neutral' to 'Sell'.

On August 01^st, 2017, United States Steel announced the pricing of its $750,000,000 aggregate principal amount of 6.875% Senior Notes due 2025. The notes were issued at a price equal to 100% of their face value. They will pay interest semi-annually in arrears on February 15^th and August 15^th of each year beginning on February 15^th, 2018, and will mature on August 15^th, 2025, unless earlier redeemed or repurchased. See our free and comprehensive research report on X at:

http://dailystocktracker.com/registration/?symbol=X 

Steel Dynamics 

On Tuesday, shares in Fort Wayne, Indiana headquartered Steel Dynamics Inc. recorded a trading volume of 5.43 million shares, which was above their three months average volume of 3.07 million shares. The stock rose 0.65%, ending the day at $33.95. The Company's shares are trading below their 200-day moving average by 3.71%. Furthermore, shares of Steel Dynamics, which together with its subsidiaries, engages in the steel products manufacturing and metals recycling businesses in the US and internationally, have an RSI of 41.65. STLD free research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=STLD 

AK Steel 

West Chester, Ohio headquartered AK Steel Holding Corp.'s stock finished the day 0.58% higher at $5.23 with a total trading volume of 13.81 million shares. The stock is trading below their 50-day moving average by 12.97%. Shares of the Company, which through its subsidiary, AK Steel Corporation, produces flat-rolled carbon, stainless, and electrical steels and tubular products in the US and internationally, have an RSI of 38.77.  

On August 03^rd, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with a decrease of the target price from $8 a share to $7 a share.

On August 16^th, 2017, AK Steel Holding said that it will increase current spot market base prices for all carbon flat-rolled steel products by a minimum of $30 per ton, effective immediately with new orders. Sign up for your complimentary report on AKS at:

http://dailystocktracker.com/registration/?symbol=AKS 

Gerdau 

Shares in Porto Alegre, Brazil-based Gerdau S.A. ended yesterday's session 2.03% higher at $3.51. The stock recorded a trading volume of 5.47 million shares. The Company's shares have advanced 2.33% in the last one month, 18.18% over the previous three months, and 11.78% since the start of this year. The stock is trading 8.50% and 1.07% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Gerdau, which provides steel-related products and services worldwide, have an RSI of 56.65. Register for free on DailyStockTracker.com and download the latest research report on GGB at:

http://dailystocktracker.com/registration/?symbol=GGB

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA