Steel & Iron Stocks Under Review -- Steel Dynamics, Nucor, Worthington Industries, and TimkenSteel

NEW YORK, January 12, 2017 /PRNewswire/ --

The Steel and Iron space is a basis for the development of a number of industries in the global economy including the defense industry, transportation and heavy engineering, and energy and construction. The segment is also closely related to the chemical and light industries. For today, Stock-Callers.com directs investors' attention to these four stocks: Steel Dynamics Inc. (NASDAQ: STLD), Nucor Corp. (NYSE: NUE), Worthington Industries Inc. (NYSE: WOR), and TimkenSteel Corp. (NYSE: TMST). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Steel Dynamics

Fort Wayne, Indiana headquartered Steel Dynamics Inc.'s stock finished Wednesday's session 0.16% lower at $37.07 with a total trading volume of 2.95 million shares. Over the last month and the previous three months, the Company's shares have advanced 0.27% and 54.21%, respectively. Additionally, the stock has gained 4.19% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 7.40% and 36.68%, respectively. Moreover, shares of Steel Dynamics, which together with its subsidiaries, manufactures and sells steel products; processes and sells recycled ferrous and nonferrous metals; and fabricates and sells steel joist and deck products in the US and internationally, have a Relative Strength Index (RSI) of 55.19.

On January 09^th, 2017, Steel Dynamics announced it has revised its Q4 2016 and FY16 earnings conference call time on January 25^th, 2017. The call is now scheduled to begin at 9:00 a.m. ET. The Company intends to release its financial results after market close on January 24^th, 2017. Sign up and read the free research report on STLD at:

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

Nucor

Shares in Charlotte, North Carolina-based Nucor Corp. declined 0.05%, ending yesterday's session at $61.19 with a total trading volume of 2.09 million shares. The stock has gained 29.89% in the previous three months and 2.81% on an YTD basis. The Company's shares are trading 3.08% above their 50-day moving average and 19.15% above their 200-day moving average. Moreover, shares of Nucor, which manufactures and sells steel and steel products in the US and internationally, have an RSI of 51.12.

On January 05^th, 2017, in conjunction with Nucor's Q4 2016 earnings release, the Company will have its live conference call with host John Ferriola, Chairman, Chief Executive Officer and President. The event will be available on the Internet January 31^st, 2017, at 2 p.m. ET.

On January 09^th, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'. The complimentary research report on NUE can be downloaded at:

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

Worthington Industries

On Wednesday, Columbus, Ohio headquartered Worthington Industries Inc.'s stock saw a slight drop of 0.04%, to close the day at $47.58. A total volume of 580,801 shares was traded. The Company's shares have advanced 0.30% on an YTD basis. The stock is trading 8.23% above its 200-day moving average. Additionally, shares of Worthington Industries, which focuses on value-added steel processing and manufactured metal products in the US, Europe, Mexico, Canada, and internationally, have an RSI of 37.69.

On December 12^th, 2016, research firm Jefferies downgraded the Company's stock rating from 'Hold' to 'Underperform'.

On December 21^st, 2016, Worthington announced that it is changing the brand name of its cold chain storage and transportation products from CryoScience by Taylor-Wharton to Worthington Industries. The product line includes cryogenic refrigerators, freezers, dewars, shippers, accessories and replacement parts for the life sciences, health care and artificial insemination/animal husbandry markets. The brand name change will be effective January 01^st, 2017. The Company purchased the global assets of CryoScience by Taylor-Wharton, including the manufacturing facility in Theodore, Alabama, in December 2015. Register for free on Stock-Callers.com and access the latest report on WOR at:

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

TimkenSteel

Shares in Canton, Ohio headquartered TimkenSteel Corp. ended the day 1.83% higher at $16.67. A total volume of 555,851 shares was traded. The stock has gained 62.48% in the previous three months and 7.69% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 12.39% and 46.90%, respectively. Furthermore, shares of TimkenSteel, which manufactures and sells alloy steel, and carbon and micro-alloy steel products worldwide, have an RSI of 57.16. Get free access to your research report on TMST at:

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

--

Stock Callers:

Stock Callers (SC) 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. SC 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. 

SC 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 info@stock-callers.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 SC. SC 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

SC, 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. SC, 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, SC, 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 SC 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://stock-callers.com/legal-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: info@stock-callers.com
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

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

SOURCE Chelmsford Park SA