Analyst Research on Nucor Corporation and Mechel OAO - Mixed Results for Steel and Iron Industry
(firmenpresse) - JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 05/24/12 -- offers investors comprehensive research on the Steel & Iron industry and has completed analytical research on (NYSE: NUE) and (NYSE: MTL). Register with us today at to have free access to these researches.
Steel and iron producers are seeing better demand from the automotive, manufacturing, energy and heavy equipment markets but weak construction data, the Eurozone crisis and uncertainty in the Chinese economy is working against the industry. Additionally, the spot iron ore price recently dropped to its lowest level since late February. Register now at to have free access to our reports on the Steel & Iron industry.
is an online platform where investors doing their due diligence on the Steel & Iron industry can have easy and free access to our analyst research and opinions on Nucor Corporation and Mechel OAO; all investors need to do is register for a complimentary membership at .
Despite the troubles facing the industry, several companies are still turning in positive results. Russian mining company Mechel OAO saw increased production in the first quarter and reaped the benefits of modernization and cost-cutting efforts. Investors looking for complimentary research on are welcome to sign up at for our new report.
Some companies are feeling the pressure more than others though. Nucor Corporation saw profits tumble 9% in the first quarter but did see consolidated net sales climb 5% over the prior year. Investors looking for free research on are welcome to sign up at for our new report.
Moving forward, the coming months should be very telling for the steel and iron industry. An easing of European and Chinese economic concerns will be key for better results in the second half of the year.
Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.
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Datum: 24.05.2012 - 12:25 Uhr
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News-ID 149785
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