SOURCE: StockCall


September 15, 2010 09:11 ET

Equity Research on Arcelor Mittal and POSCO -- Metal& Iron Producers Having to Bear the Brunt of Price Decline

JOHANNESBURG, SOUTH AFRICA--(Marketwire - September 15, 2010) - offers investors comprehensive research on the steel & iron industry and has completed analytical research on Arcelor Mittal (NYSE: MT) and POSCO (NYSE: PKX). Register with us today at to have free access to these researches. 

As prices for steel have dropped off in the past few months, companies in the Steel and Iron industry are looking for ways to reverse the trend. They believe the most effective way to counteract price declines is by reducing output, and they are doing just that. Figures from the Steel Association have shown that production capacity dropped over five percent in July, as companies try to alter the supply and demand equation. Arcelor Mittal, the biggest steel maker worldwide has halted production at 25 of its European blast furnaces since July. Arcelor Mittal research report is accessible for free by registering today at 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 Arcelor Mittal and POSCO; investors and shareholders of these companies can simply register for a complimentary membership at

In China output is significantly dropping, but for different reasons. Environmental concerns have caused the government to start initiating temporary cessations of production in various steel mills. While the move does not bode well for companies producing in China, lowered production looks to have a positive effect on steel prices and the industry as a whole. Register now at to have free access to our reports on the steel & iron industry.

Companies like POSCO are also looking to acquisitions and expansion of operations to bolster revenues. Some companies are buying up producers of raw materials in an attempt to lower production costs. Others are expanding into mineral rich India to try and grab a larger share of the market. While India has the proven resources, governmental red tape has hindered a few companies from operating smoothly in the region. POSCO research report is available for free by signing up now at

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