Moody's Investors Service which surged along with other steel names today, drops slightly AH on a debt downgrade by Moody's, to Ba3. Moody's expects "challenges" to remain for U.S. Steel's Euro operations, given weak regional demand, and is also worried about the performance of the company's domestic flat rolled steel business.
U.S. Steel (X): Q3 EPS of $0.72 beats by $0.17. Revenue of $5.08B (-1% Y/Y) in-line.
Keep on these are the Top Steel & Iron stocks trading us market for 10/25/11
Ticker Company Performance
MEA Metalico Inc. 2.76%
SUTR Sutor Technology Group Limited 2.22%
CHOP China Gerui Advanced Materials Group Ltd. 0.68%
USAP Universal Stainless & Alloy Products Inc. 0.65%
SXC SunCoke Energy Inc. 0.60%
TS Tenaris SA 0.58%
SIM Grupo Simec S.A.B. de C.V. 0.28%
GNI Great Northern Iron Ore Properties 0.00%
GSI General Steel Holdings, Inc. 0.00%
FRD Friedman Industries Inc. -0.10%
TX Ternium S.A. -0.18%
NWPX Northwest Pipe Co. -0.53%
NUE Nucor Corporation -0.56%
IIIN Insteel Industries Inc. -1.19%
PKX POSCO -1.28%
MUSA Metals USA Holdings Corp. -1.71%
CMC Commercial Metals Company -1.81%
WOR Worthington Industries, Inc. -1.82%
HSC Harsco Corporation -1.97%
SCHN Schnitzer Steel Industries Inc. -2.01%
CLF Cliffs Natural Resources Inc. -2.17%
MT Arcelor Mittal -2.19%
STLD Steel Dynamics Inc. -2.32%
ROCK Gibraltar Industries, Inc. -2.62%
SID Companhia Siderurgica Nacional -2.86%
GGB Gerdau S.A. -2.87%
SYNL Synalloy Corp. -2.98%
HAYN Haynes International Inc. -3.64%
MTL Mechel OAO -4.15%
CPSL China Precision Steel, Inc. -4.56%
X United States Steel Corp. -6.90%
OSN Ossen Innovation Co., Ltd. -8.23%
AKS AK Steel Holding Corporation -11.91%
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