Technical Scrutiny: Companhia Siderurgica Nacional, AK Steel, Steel Dynamics, and Tenaris

LONDON, July 29, 2013 /PRNewswire/ --

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On Friday, July 26, 2013, shares of steel & iron companies ended mostly higher, tracking the broader market. The major movers in the industry included Companhia Siderurgica Nacional (ADR) (NYSE: SID), AK Steel Holding Corporation (NYSE: AKS), Steel Dynamics Inc. (NASDAQ: STLD), and Tenaris S.A. (ADR) (NYSE: TS). AAAResearchReports.com tracked SID, AKS, STLD, and TS. These reports can be seen for free at:

http://www.aaaresearchreports.com/register/  

Shares of Companhia Siderurgica Nacional surged on Friday, finishing at $3.10, up 7.27% from its previous closing price. The company's shares oscillated between $3.00 and $3.14. A total of 7.56 million shares were traded, which is above the daily average volume of 5.87 million. The stock gained 13.97% last week as compared to a loss of 0.03% in the S&P 500. Despite the recent rally, the company's shares have dropped by 20.31% in the last three months as compared to a gain of 6.91% in the S&P 500. Download free research on SID by signing up now at:

http://www.AAAResearchReports.com/SID072913.pdf

AK Steel Holding Corporation's stock moved higher on Friday, ending the session at $3.61, up 2.85% from its previous closing price. The company's shares fluctuated between $3.49 and $3.61. A total of 3.49 million shares were traded, which is below the daily average volume of 5.21 million. AK Steel's shares outperformed the S&P 500 last week, gaining 7.76%. Register for today's free analysis on AKS at:

http://www.AAAResearchReports.com/AKS072913.pdf

Shares of Steel Dynamics Inc. edged lower on Friday even as the broader market posted gains. The company's shares oscillated between $15.49 and $15.77 before closing the day 0.38% lower at $15.60. A total of 1.26 million shares were traded, which is below the daily average volume of 2.07 million. Despite Friday's pullback, the company's shares gained 2.56% last week, outperforming the S&P 500. Moreover, the stock is currently trading near its 52-week high of $16.23. A free report on STLD can be accessed by registering at:

http://www.AAAResearchReports.com/STLD072913.pdf

Tenaris S.A.'s stock edged higher on Friday, reversing some of its recent losses. The company's shares traded between $43.37 and $43.98 before finishing the day 0.39% higher at $43.93. A total of 541,698 shares were traded, which is below the daily average volume of 1.31 million. Tenaris' shares have declined by 1.17% in the last three trading sessions. In the last one month, however, the stock has outperformed the broader market, gaining 9.09% as compared to a gain of 5.31% in the S&P 500. Register with AAA Research Reports and download research on TS for free at:

http://www.AAAResearchReports.com/TS072913.pdf

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SOURCE AAA Research Reports