SOURCE: Global Equity Reporter

June 17, 2011 09:00 ET

Market Research on Allied American Steel Corp. and Applied Minerals, Inc. - Basic Materials Show Strength

BEIJING--(Marketwire - Jun 17, 2011) - Today, announced its research report highlighting Allied American Steel Corp (OTCBB: AAST) and Applied Minerals, Inc. (OTCBB: AMNL). Full report download is available at

This sector can be sensitive to supply and demand fluctuations because the price of raw materials, such as gold or other metals, is largely demand driven. Sector performance is up 4.8% from the beginning of 2011 and expectations are looking forward to continued growth of an impressive 35% for Basic Materials sector in 2011. Taking into account the industrialization of China and India, the potential for a greater demand for basic materials is strong.

Global Equity is reporting on Allied American Steel Corp. as an exploration company focused on the discovery and production of significant iron ore resources, and the titanium dioxide resources often associated with iron deposits. From its headquarters in Pittsburgh, PA, Allied American is positioned to continue the strategic expansion of its property portfolio on North America's eastern seaboard, granting easy access to world export markets. The full report and profile on Allied American Steel Corp. (OTCBB: AAST) is available here:

Global Equity Reporter brings Applied Minerals, Inc. is an exploration-stage company who owns one property, the Dragon Mine property. The Dragon Mine is located in the Tintic District of north central Utah. The property is two miles southwest the town of Eureka, which, in turn, is approximately 75 miles southwest of Salt Lake City. The mine sits on approximately 230 acres. The full report and profile on Applied Minerals, Inc. (OTCBB: AMNL) is available here:

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