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Iron and Steel Stock Movers (VALE, SID, GGB, NUE)

Monday, Jan 10, 2011
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Vale (ADR) (NYSE:VALE) slid 0.43% to $34.98. Vale S.A. is a metals and mining company. The Company is also a producer of iron ore and iron ore pellets. It also produces manganese ore, ferroalloys, bauxite, alumina and kaolin.


The stock has average daily volume of 15.79 million shares. At Friday’s closing market price, the market capitalization of the company stands at $183.89 billion.


Companhia Siderurgica Nacional (ADR) (NYSE:SID) added 0.34% to $17.50. Companhia Siderurgica Nacional is an integrated steel producer in Brazil and Latin America. The Company operates in three segments: steel, mining and logistics.


The stock opened at $17.56 and was trading within the range of $17.26-$17.65.


Gerdau SA (ADR) (NYSE:GGB) slid 0.14% to $14.46. The stock has a 52-week range of $11.49-$17.99. The stock has average daily volume of 6.21 million shares. At Friday’s closing market price, the market capitalization of the company stands at $20.52 billion.


Nucor Corporation (NYSE:NUE) gained 0.18% to $43.99. The stock opened at $43.89 and was trading within the range of $43.32-$44.45.


Nucor Corporation along with its affiliates is engaged in the business of manufacturing of steel and steel products, with operating facilities and customers primarily located in North America.

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