Quarterly Cash Dividends, New Joint Ventures, Base Price Increases, Strategic Investments, and Product Launches - Research Report on Nucor, Arcelor Mittal, AK Steel, Gerdau and Posco
NEW YORK, December 9, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Nucor Corporation (NYSE: NUE), Arcelor Mittal (NYSE: MT), AK Steel Holding Corporation (NYSE: AKS), Gerdau S.A. (NYSE: GGB) and POSCO (NYSE: PKX). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Nucor Corporation Research Report
On December 4, 2013, Nucor Corp. (Nucor) announced that its Board of Directors has increased its regular quarterly cash dividend on Nucor's common stock to $0.37. The Company informed that the dividend is payable on February 11, 2014, to stockholders of record on December 31, 2013. Nucor also reported that it is the Company's 163rd consecutive quarterly cash dividend. The Full Research Report on Nucor Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=DDD
http://www.analystscorner.com/r/full_research_report/f8b8_NUE
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Arcelor Mittal Research Report
On November 29, 2013, ArcelorMittal announced that it has entered into a 50/50 joint venture partnership with Nippon Steel & Sumitomo Metal Corporation to acquire 100% of ThyssenKrupp Steel USA for $1,550 million. Commenting on the new venture, Mr. Lakshmi N. Mittal, Chairman and CEO of ArcelorMittal, said, "This is an important strategic acquisition for ArcelorMittal. The Calvert plant is the most modern finishing facility in the world. It ideally complements our existing operations in the United States and the Americas, and will improve our ability to supply customers in the automotive and other markets in the Southern United States, where we do not have comparable facilities today. We have worked successfully with NSSMC in other joint ventures in the US for years and look forward to extending the collaboration." The Full Research Report on Arcelor Mittal - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/60d4_MT
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AK Steel Holding Corporation Research Report
On November 22, 2013, AK Steel Holding Corp. (AK Steel) announced that it will increase base prices for the following specialty stainless steel products: All martensitic products, precipitation hardening (PH) products, tensile rolled products, duplex products, bright annealed products and all custom melt products or grades that are specific to AK Steel. AK Steel informed that all price increase will take effect with shipments on January, 1, 2014. The Full Research Report on AK Steel Holding Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/b5b4_AKS
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Gerdau S.A. Research Report
On November 28, 2013, Gerdau S.A. (Gerdau) and the government of Minas Gerais jointly announced investments worth R$5.8 billion by 2020, which is expected to be used mainly to expand the Company's iron ore mining operations. The Company stated that with these investments, it will expand its annual iron ore processing capacity to 24 million metric tons by 2020. Gerdau's CEO André B. Gerdau Johannpeter said, "By investing R$ 5.8 billion at such a challenging moment for the steel industry, we are reaffirming our belief in the development of Brazil and of Minas Gerais. The decision to invest in Minas underscores the state's vocation for mining and steel production." The Full Research Report on Gerdau S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/1969_GGB
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POSCO Research Report
On November 29, 2013, POSCO introduced the "POSCO WinC", a shared growth support system to spread the culture of shared growth and fair trade, and will lead support of fund liquidity of primary and secondary cooperating companies. POSCO said that secondary cooperating companies can invoice primary cooperating companies through the POSCO WinC system anytime after they have delivered goods to the primary cooperating companies, and primary cooperating companies which receive payment requests from secondary cooperating companies then immediately transfer cash funds to the account linked to the WinC system. The Full Research Report on POSCO - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://analystscorner.com/microwriter/link.php?s=
http://www.analystscorner.com/r/full_research_report/559d_PKX
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SOURCE Analysts' Corner
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