For Immediate Release

Chicago, IL – November 13, 2009 – Zacks.com announces the latest Industry Outlook. Today, Zacks Equity Research discusses the Steel Industry, including ArcelorMittal (MT), Steel Dynamics Inc. (STLD), AK Steel Holding Corporation (AKS), United States Steel Corporation (X) and Nucor Corporation (NUE).

A synopsis of today’s Industry Outlook is presented below. The full article can be read at http://www.zacks.com/stock/news/27253/Steel+Industry.

ArcelorMittal (MT) is the world’s largest steel company with steel production of 103.3 million tons in 2008. Other major players in the industry are Steel Dynamics Inc. (STLD), AK Steel Holding Corporation (AKS), United States Steel Corporation (X) and Nucor Corporation (NUE).

The Asia-Pacific region, especially China and India, is witnessing higher production and consumption of steel. This is due to the per capita consumption reaching up

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Steel Output Mounting The Steel industry, which consists of companies engaged in the extraction of iron ore and coke coal for the processing of iron and steel, has the major chunk of sales concentrated with a few producers. The industry includes metal ore exploration and mining services, iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wire, spring, rolls and bars. The largest drivers of steel consumption have historically been the automotive and construction markets, which make up more than 50% of total steel consumption. Other steel consuming industries include appliances, converters, containers, tin, energy, electrical equipment, agricultural, domestic and commercial equipment and industrial machinery. Large automakers such as General Motors, Ford Motor Company ([url=http://www.zacks.com/stock/quote/f]F[/url]), Toyota Motor Corporation ([url=http://www.zacks.com/stock/quote/tm]TM[/url]) and Honda Motor Company ([url=http://www.zacks.com/stock/quote/hmc]HMC[/url]) depend upon the steel industry. ArcelorMittal ([url=http://www.zacks.com/stock/quote/mt]MT[/url]) is ...

For Immediate Release

Chicago, IL – October 13, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Royal Philips Electronics (PHG), Sony Corporation (SNE), General Electric Company (GE), Panasonic Corporation (PC) and Nucor Corporation (NUE).

Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513

Here are highlights from Monday’s Analyst Blog:

Philips Misses Zacks Consensus

Royal Philips Electronics (PHG) reported earnings of 27 cents per share for the third quarter of 2009, below the Zacks Consensus Estimate of 38 cents.

Sales amounted to $8.04 billion, a decline of 11% on both nominal and comparable bases.

Healthcare

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U.S.’s largest recycler of steel scrap, Nucor Corporation (NUE), has announced its guidance for its third quarter ending Oct. 3, 2009. Nucor expects losses of 15 cents to 20 cents per share in the quarter. The Zacks Consensus Estimate expects a loss of 15 cents. Helped by increased sales volumes, Nucor posted a second quarter loss narrower than the Zacks Consensus Estimate. Net loss in the quarter was $133.3 million or 43 cents per diluted share. This was against a net loss of $189.6 million or 60 cents per diluted share in the prior quarter of 2009, an improvement of 30%. However, the results are dismal compared to net income of $580.8 million or $1.94 per diluted share in the second quarter of 2008. This was attributed to a fall in both pricing and sales volume. The company suffers from continued low operating rates and the ...

Nucor Corporation (NUE) is the nation's largest recycler of steel scrap. Long-term contracts, constant cost-reduction efforts, higher steel prices, lower interest rates, strong cash flow position and a dominant acquisition strategy inspire our optimism with respect to the stock's performance in the coming quarters. The company's third-quarter 2008 profit nearly doubled, mainly because of robust sales from recently acquired steel and scrap-metal companies.However, the company expects a 40% decline in steel shipments for the fourth quarter of 2008, which will result in lower earnings. A slowdown in steel demand from the automobile sector and increased production in China are matters of concern.Rising prices of raw materials such as scrap and natural gas are serious issues facing the company. Thus, we maintain our Hold rating.Read the full analyst report on NUE "NUE" Free Stock Analysis: Buy? Sell? ...

Highlighted stocks include: Alcoa Inc. (...

Nucor Corporation (NYSE:NUE) is down 14% in the last 5 days and Cleveland-Cliffs Inc (NYSE:CLF)  down 17% since Monday.  All thanks to speculation and a Bloomberg article and down the big boys go.  Today, those stocks are being bought back in a hurry, gitty up Masters. Even United States Steel Corporation (NYSE:X) took a 15% hit this week. Hate your ...