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Zacks #1 Stocks on the Move 09/03/2015

Company Name Symbol %Change
Short-term Underperformance Detected in Shares of Steel Dynamics in the Steel Industry (STLD, NUE, X, CRS, MT)

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Dec 07, 2012 (Fast Lane via COMTEX) -- Below are five companies in the Steel industry that underperformed yesterday on a relative basis. This analysis was compiled based on yesterday's trading activity as we search for stocks that have could possible underperform its peers going forward.

Steel Dynamics (NASDAQ:STLD) ranks first with a loss of 1.70%; Nucor (NYSE:NUE) ranks second with a loss of 0.32%; and U.S. Steel (NYSE:X) ranks third with a loss of 0.27%.

Carpenter Technology (NYSE:CRS) follows with a loss of 0.19% and ArcelorMittal (NYSE:MT) rounds out the bottom five with a loss of 0.13%.Steel Dynamics, Inc. owns and operates a flat-rolled steel mini-mill, as well as a cold mill. The Company is also constructing a plant for the manufacture of direct reduced iron. Steel Dynamics's customers include intermediate steel processors, steel service centers, and end users such as manufacturers of cold-rolled strip.


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