SOURCE: Equity Markets Inc

October 28, 2011 09:00 ET

What's Ahead: Today's Economic Outlook - Equity Research on United States Steel Corporation and Nucor Corporation

MACAU--(Marketwire - Oct 28, 2011) - Today, www.EquityMarketsInc.com announced its research report highlighting United States Steel Corporation (NYSE: X) and Nucor Corporation (NYSE: NUE). Full content and research is available at www.EquityMarketsInc.com/research.php?id=X+NUE.

Short-term outlooks within US and global economies continue to adjust downward, as US Treasury yields touched their lowest levels in over 65 years. International Monetary Fund downgraded estimates for US growth by 1.0% this year, down from 2.5%. 'Significant downside risks' to the US economy were confirmed by the Federal Reserve pressured by 'strains in global financial markets.'

As the US dollar trades above an eight-month high against the Euro, it highlights a deepening of the Eurozone sovereign debt crisis -- furthered by continued policy inaction from European governments. We expect continued volatility until economic data stabilizes and we see decisive policy action to deal with the Eurozone debt crisis.

Our members are preparing for a turn in tides. Currently, the Credit Suisse Risk Appetite Indicator is at a 30-year low. For the past three occurrences, this level has acted as a leading indicator of large stock market rallies 18 months following.

Equity Markets has reviewed United States Steel Corporation for its current position within the basic materials industry. United States Steel Corporation (U. S. Steel) is an integrated steel producer of flat-rolled and tubular products with major production operations in North America and Europe. U. S. Steel has annual raw steel production capability of 31.7 million net tons (tons) (24.3 million tons in North America and 7.4 million tons in Europe). The full research report on United States Steel Corporation (NYSE: X) is available here: www.EquityMarketsInc.com/research.php?id=X.

Equity Markets has reviewed Nucor Corporation for its development within the basic materials industry. Nucor Corporation and its affiliates (Nucor) manufacture steel and steel products. Nucor also produces direct reduced iron (DRI) for use in the Company's steel mills. It operates in three segments: steel mills, steel products and raw materials. The steel mills segment produces sheet steel (hot and cold-rolled), plate steel, structural steel and bar steel. The full research report on Nucor Corporation (NYSE: NUE) is available here: www.EquityMarketsInc.com/research.php?id=NUE.

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