SOURCE: StockCall


July 27, 2012 08:25 ET

Analyst Research on Steel Dynamics Inc. and Gerdau S.A. - Steel & Iron Companies Struggling to Remain Solid

JOHANNESBURG, SOUTH AFRICA--(Marketwire - Jul 27, 2012) - offers free research on Steel Dynamics Inc. (NASDAQ: STLD) and Gerdau S.A. (NYSE: GGB) from the Steel & Iron industry. Access these reports by clicking on the links below or by copy and pasting those to your address bar.

For companies in the steel and iron industry, such as Steel Dynamics Inc. and Gerdau S.A., 2012 has proved to be a challenging year thus far. According to the Worldsteel Association steel production in the first half of the year increased, but only by a marginal 0.9% when compared to the same period last year. Producers have been dealing with continued slowdown in Europe, and have been facing several other hurdles, including drops in flat roll pricing. Register now to have free access to our report on Gerdau S.A., and to do so please click the link below. 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 Steel Dynamics Inc. and Gerdau S.A. To see how companies in this industry have grown over the past years and how they are expected to perform in the future, please visit the link below.

That being said there have also been a number of positives for the industry through the first six months of the year. A rebound in construction bodes well moving forward, and strong auto sales have also boosted demand.

Quarterly figures are beginning to roll in for the industry, with Steel Dynamics recently announcing its 2nd quarter results. The company saw net sales drop to $1.9 billion from $2.1 billion a year ago, and also reported that net income came in at $44 million as compared to $99 million over the same period last year. Investors and shareholders of Steel Dynamics Inc. can simply register for our complimentary reports by clicking on the link below.

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