13.07.2017 13:10:00

Pre-Market Technical Pulse on Steel and Iron Stocks -- United States Steel, Commercial Metals, Reliance Steel & Aluminum, and Companhia Siderurgica Nacional

NEW YORK, July 13, 2017 /PRNewswire/ --

If you want a Stock Review on X, CMC, RS, or SID then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today, DailyStockTracker.com takes a closer look at the performances of United States Steel Corp. (NYSE: X), Commercial Metals Co. (NYSE: CMC), Reliance Steel & Aluminum Co. (NYSE: RS), and Companhia Siderurgica Nacional (NYSE: SID). These companies operate in 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 Engineering, and Energy and Construction. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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United States Steel 

Pittsburgh, Pennsylvania headquartered United States Steel Corp.'s stock finished Wednesday's session 2.42% higher at $22.85 with a total trading volume of 11.90 million shares. The Company's shares have advanced 4.43% in the past month. The stock is trading 8.54% above its 50-day moving average. Additionally, shares of United States Steel, which produces and sells flat-rolled and tubular steel products primarily in North America and Europe, have a Relative Strength Index (RSI) of 61.71.

On June 19th, 2017, research firm Longbow upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On June 29th, 2017, United States Steel announced plans to release its Q2 2017 financial results following the close of trading on the NYSE on July 25th, 2017. The Company will host a conference call with securities analysts on July 26th, 2017, at 8:30 a.m. EDT. The call will cover Q2 2017 financial results and may include forward-looking information. X complete research report is just a click away at:

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

Commercial Metals 

On Wednesday, shares in Irving, Texas headquartered Commercial Metals Co. recorded a trading volume of 2.60 million shares, which was above their three months average volume of 1.89 million shares. The stock ended the session 1.32% higher at $19.95. The Company's shares have advanced 2.84% in the last one month and 5.95% in the previous three months. The stock is trading 6.81% above its 50-day moving average and 2.60% above its 200-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 61.06.

On June 13th, 2017, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On June 26th, 2017, Commercial Metals' board of directors announced that, effective September 01st, 2017, Barbara Smith will assume the role of President and CEO of the Company and become a member of the Board of Directors. Ms. Smith has been the Company's President and COO since January 2017. Joe Alvarado will continue to serve the Company as CEO through August 31st, 2017. The complimentary report on CMC can be downloaded at:

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

Reliance Steel & Aluminum 

Los Angeles, California headquartered Reliance Steel & Aluminum Co.'s shares closed the day 0.10% lower at $72.91. The stock recorded a trading volume of 652,882 shares, which was higher than its three months average volume of 580,000 shares. The Company's shares are trading 0.62% below their 50-day moving average. Additionally, shares of the Company, which operates as a metals service center company, have an RSI of 51.18.

On June 19th, 2017, Reliance Steel & Aluminum announced that it is updating its guidance for Q2 ending June 30th, 2017. Earnings per diluted share are expected to be in the range of $1.30 to $1.40 for the quarter compared to the Company's prior outlook of $1.50 to $1.60 per diluted share. As a result of challenging market conditions, the positive momentum experienced for both demand and pricing trends in Q1 2017 did not accelerate as originally anticipated into Q2 2017. Sign up for your complimentary report on RS at:

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

Companhia Siderurgica Nacional 

Shares in Sao Paulo, Brazil headquartered Companhia Siderurgica Nacional finished 3.43% higher at $2.41. The stock recorded a trading volume of 3.85 million shares, which was higher than its three months average volume of 2.36 million shares. The Company's shares have advanced 23.59% in the last one month. The stock is trading above its 50-day moving average by 14.19%. Furthermore, shares of Companhia Siderurgica Nacional, which operates as an integrated steel producer in Brazil, have an RSI of 67.22. Download the research report for free on SID at:

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

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