Steel & Iron Stocks Buzz: ArcelorMittal, AK Steel Holding Corporation, Gerdau, Mechel

Lakeway, TX -- (SBWIRE) -- 02/22/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

ArcelorMittal (ADR) (NYSE:MT) is up 0.46% and is trading at $15.22. ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. In 2011, the Company had crude steel production of 91.9 million tones. In 2011 the Company has 29 mining operations.

How Should Investors Trade MT After The Recent Movement? Find Out Here

AK Steel Holding Corporation (NYSE:AKS) increased 1.29% and is trading at $3.93. AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel).

Is AKS Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

Gerdau SA (ADR) (NYSE:GGB) increased 1.11% and is trading at $8.19. Gerdau SA (formerly Companhia Siderurgica da Guanabara - Cosigua) is a Brazil-based holding company engaged in the manufacture and sale of steel products.

Is GGB a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Mechel OAO (ADR) (NYSE:MTL) is down 2.27% and is trading at $5.59. Mechel OAO is a Russia-based integrated mining and steel company. The Company focuses on the production of mining products, such as coal, iron ore, nickel, and steel products. Its operations are divided into two segments: Mining and Steel.

How Should Investors Trade MTL After The Latest Earnings Report? Find Out Here

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