Research on AK Steel Holding Corp. and Arcelor Mittal - Commodity Costs Dent Steel Makers
(firmenpresse) - JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 08/17/11 -- offers investors comprehensive research on the Steel & Iron industry and has completed analytical research on (NYSE: AKS) and (NYSE: MT). Register with us today at to have free access to these researches.
Higher commodity costs are narrowing margins for several major steel producers. Specifically, rising iron ore prices, a key component to steel production, is weighing on bottom-line. 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 AK Steel Holding Corp. and Arcelor Mittal; investors and shareholders of these companies can simply register for a complimentary membership at .
AK Steel Holding Corp. announced last week that it would be raising base prices for all carbon flat-rolled steel products by $60 a ton. The move should help lessen the impact of higher input costs. Investors can register for free to access the research report on at .
Despite rising commodity costs, there do appear to be growth opportunities out there. Steel manufacturers with strong ties to China will be well worth tracking for investors. Arcelor Mittal recently sold its 12% stake in an auto sheet joint venture so that it may focus more on another joint venture with Hunan Valin Group, a Chinese steelmaker. Investors can register for free to access the research report on at .
Moving forward, higher commodity costs will likely continue to pressure margins for the remainder of 2011. Rebounding demand out of a few markets and regions could more than offset commodity related losses and facilitate growth though. 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: 17.08.2011 - 12:30 Uhr
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News-ID 47491
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