SOURCE: StockCall

StockCall

May 13, 2011 09:03 ET

Equity Research on Steel Dynamics Inc. and Nucor Corporation -- Steel Strong in the First Quarter of 2011

JOHANNESBURG, SOUTH AFRICA--(Marketwire - May 13, 2011) - www.stockcall.com/ offers investors comprehensive research on the Steel & Iron industry and has completed analytical research on Steel Dynamics Inc. (NASDAQ: STLD) and Nucor Corporation (NYSE: NUE). Register with us today at www.stockcall.com/ to have free access to these researches.

Increased US industrial production in the first quarter has been reflected in the sharp revenue upswings of several steel manufacturers. Improved production, better capacity utilization and increased prices all contributed to strong quarterly earnings. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the Steel & Iron industry.

www.stockcall.com/ 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 Nucor Corporation; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html.

Nucor Corp. saw capacity utilization improve to 80% in the first quarter compared to 68% in the 4th quarter. The company's revenues were helped by the average sale price per ton increasing 22%. Nucor Corporation research report is available for free by signing up now at www.stockcall.com/NUE130511.pdf.

Steel Dynamics Inc. also benefitted from adjustments to prices. The steelmaker saw its profits jump 64.4% in the last quarter. Steel Dynamics Inc. research report is accessible for free by registering today at www.stockcall.com/STLD130511.pdf.

Increased demand is also working in favor of the iron and steel industry. The World Steel Association currently projects global apparent steel demand to improve 5.9% in 2011. Much of the demand appears to be coming out of emerging Asian economies. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Overall, it was a promising first quarter for steel manufacturers. There are concerns that higher prices will eventually dent demand but that does not appear to be the case at the moment.

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