SOURCE: Street-Wire.Com

November 01, 2012 09:40 ET

Financial Review on Basic Materials Stocks Nucor Corp. and Mechel OAO -- Steel & Iron Weakening on Tepid Demand

NEW DELHI, INDIA--(Marketwire - Nov 1, 2012) - The steel & iron industry, which includes industry players such as Nucor Corporation and Mechel OAO, has been facing a number of headwinds recently. Increasing raw material prices are a major concern, and the industry is also contenting with oversupply issues. The Steel & Iron industry has seen the above updates lately. And members can today access complimentary reports for two companies, Nucor Corporation (NYSE: NUE) and Mechel OAO (NYSE: MTL), serving this industry by following this link has brought together some of the best financial and technical minds from around the biggest economies globally so that you can have an array of free stock research and reporting. As the global economy continues to experience colossal strain and unprecedented actions are been taken by governments and the private sectors to survive and boost the dwindling worldwide economic growth, our researchers give you insight of how big players in different key sectors and industries of the American exchanges are faring. Sign up now for your free membership at

In the U.S., uncertainties surrounding the economy and the upcoming election have kept many customers on the fence, as they take a wait and see approach before making any major purchases. While the economy has been showing some signs of recovery, it could be some time before customers are convinced. Nucor Corporation financial analysis available by signing up for free at 

Companies in the industry with a broad geographical reach could be better positioned to deal with the trying times, though select foreign markets are also having their fair share of hurdles. The Eurozone continues to slog through its own economic hardships, and a slowdown in China could also hurt demand. China does have a number of measures in place to try and jump-start its economic growth though, and a recovery there could go a long way for the industry and the macroeconomic climate as a whole. posted financial analysis on Mechel OAO today, members can access it at 

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