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New York, NY -- (SBWIRE) -- 03/11/2013 -- StockRunway.com issues special report on the Most Active Steel & Iron Stocks – United States Steel Corporation (NYSE:X), AK Steel Holding Corporation (NYSE:AKS), ArcelorMittal (ADR)(NYSE:MT)
The American Iron and Steel Institute (AISI) disclosed last week that US raw steel output increased 0.8 percent in the week ending March 2, after a 1.6 percent gain a week ago. Total raw steel output in the United States was 1,857,000 net tons (nt) for the period, accounting for a 0.8 percent growth as compared to the 1,843,000 nt produced in the prior week and a 7.2 percent decline versus the 2,000,000 nt produced in the same week a year ago.
US raw steelmaking facilities showed the capacity utilization rate of 77.5 percent in the week ending March 2, higher versus 76.9 percent in the prior week and 80.4 percent in the same week last year.
United States Steel Corporation (NYSE:X) shares went 1.26% up and closed at $20.93 in the last trading session. Longbow Research had upgraded the stock from an “underperform” rating to a “neutral” rating. Its overall traded volume was 6.87 million shares. The stock’s opening price was $20.97, hitting the day high price of $21.36 and day low of $20.70.
United States Steel has earnings per share of -$0.58. The company has -0.45% returns on assets, -2.01% returns on equity and its return on investments is -0.58%.
Why Should Investors Buy United States Steel After The Recent Gain? Just Go Here and Find Out
AK Steel Holding Corporation (NYSE:AKS) climbed +2.39% to close at $3.85 and its total volume in the last trading session was 5.70 million shares. CRT Capital recently reiterated its buy rating on the stock. In last 52 weeks, high hit was $3.88 and low price in that period was $3.80.
The company has outstanding shares of 136.27million with the total market cap of $524.64million and its beta value stands at 2.58 times. It has current ratio of 1.75.
What was the Moving Force behind AKS On Bullish Run? Read This Research Report on AKS
ArcelorMittal (ADR)(NYSE:MT) added +1.24% and closed at $14.72 with the total traded volume of 4.57 million shares. The stock had been upgraded from a sell rating to a hold rating at The Street. Its opening price was $14.64 and its shares traded within the range of $14.56-$14.84.
This company has earnings per share of -$2.44 with the net profit margin of -4.56% and operating margin of -3.83%. The company now has market cap of about $24.51 billion.
For How Long MT will Fight for Profitability? Read This Trend Analysis report
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For more information on this press release visit: http://www.sbwire.com/press-releases/most-active-steel-iron-stocks-united-states-steel-x-ak-steel-aks-arcelormittal-mt-220603.htm