Pre-Market Technical Pulse on Steel & Iron Stocks -- Schnitzer Steel Industries, Commercial Metals, Reliance Steel & Aluminum, and Ternium

NEW YORK, September 1, 2017 /PRNewswire/ --

If you want a Stock Review on SCHN, CMC, RS or TX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Deloitte reported that the first three months of 2017 saw global steel output reach 410.5 million tonnes, up 5.7% from the same period in 2016. According to EIU analysts, output growth will decrease by about 3% by 2018, which is primarily due to a slowdown in the Chinese economy as a major steel producer/consumer. Today, DailyStockTracker.com monitors four Steel and Iron companies, namely: Schnitzer Steel Industries Inc. (NASDAQ: SCHN), Commercial Metals Co. (NYSE: CMC), Reliance Steel & Aluminum Co. (NYSE: RS), and Ternium S.A. (NYSE: TX). Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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Schnitzer Steel Industries 

Portland, Oregon headquartered Schnitzer Steel Industries Inc.'s stock finished Thursday's session 2.09% lower at $26.90 with a total trading volume of 333,061 shares. The Company's shares have advanced 5.91% in the past month, 37.24% in the previous three months, and 4.67% since the start of this year. The stock is trading 6.70% above its 50-day moving average and 14.29% above its 200-day moving average. Additionally, shares of the Company, which recycles ferrous and nonferrous scrap metals; and manufactures finished steel products worldwide, have a Relative Strength Index (RSI) of 60.77.

On August 14^th, 2017, Schnitzer Steel Industries released its 2016 Sustainability Report for the fiscal year ended August 31^st, 2016. Its third consecutive annual report summarizes the Company's environmental footprint, safety performance, corporate governance and compliance, and community involvement, and provides key performance indicators, which demonstrate the sustainability advances that it has made over the year. The Company's Sustainability Report FY16 can be accessed on its website. SCHN complete research report is just a click away at:

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Commercial Metals 

On Thursday, shares in Irving, Texas headquartered Commercial Metals Co. recorded a trading volume of 1.85 million shares. The stock ended the session 0.68% lower at $18.89. The Company's shares have advanced 2.16% in the last one month and 2.61% in the previous three months. The stock is trading 0.13% below its 50-day moving average. Moreover, shares of Commercial Metals, which manufactures, recycles, and markets steel and metal products, and related materials and services in the US and internationally, have an RSI of 56.43. The complimentary report on CMC can be downloaded at:

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Reliance Steel & Aluminum 

Los Angeles, California headquartered Reliance Steel & Aluminum Co.'s shares closed the day 0.59% lower at $72.42. The stock recorded a trading volume of 308,345 shares. The Company's shares have gained 0.54% in the last month. The stock is trading 0.05% above its 50-day moving average. Additionally, shares of Reliance Steel & Aluminum, which operates as a metals service center company, have an RSI of 53.82.Sign up for your complimentary report on RS at:

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Ternium 

Shares in Buenos Aires, Argentina headquartered Ternium S.A. finished 0.53% higher at $30.43. The stock recorded a trading volume of 308,584 shares. The Company's shares have advanced 0.66% in the last one month, 18.04% in the previous three months, and 26.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.27% and 17.00%, respectively. Furthermore, shares of Ternium, which manufactures and processes various steel products in Mexico, Argentina, Bolivia, Chile, Paraguay, Uruguay, Colombia, the US, Central America, and internationally, have an RSI of 57.38. Download the research report for free on TX at:

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

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