Today's Technical View: AK Steel Holding, Companhia Siderurgica Nacional, Steel Dynamics, and Tenaris

LONDON, June 25, 2013 /PRNewswire/ --

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On Monday, June 24, 2013, shares in steel and iron companies ended mostly lower, tracking losses in the broader market. The major movers in the sector included AK Steel Holding Corporation (NYSE: AKS), Companhia Siderurgica Nacional (ADR) (NYSE: SID), Steel Dynamics Inc. (NASDAQ: STLD), and Tenaris S.A. (ADR) (NYSE: TS). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on AKS, SID, STLD, and TS are currently available upon sign up at

http://www.aaaresearchreports.com/register/  

Shares in AK Steel Holding Corporation tumbled on Monday, tracking losses in the broader market. The company's shares hit an intraday low of $3.06 before finishing the day 5.26% lower at $3.15. A total of 8.20 million shares were traded which is well above the daily average volume of 5.48 million. AK Steel's shares have fallen 9.22% in the last three trading sessions. The recent losses have pushed the stock near its 52-week low of $2.76. Sign up for free technical analysis on AKS at:

http://www.AAAResearchReports.com/AKS062513.pdf

Companhia Siderurgica Nacional's stock also fell sharply on Monday as the broader market came under pressure. The company's shares oscillated between $2.79 and $2.91 before finishing the day 3.38% lower at $2.86. A total of 4.50 million shares were traded which is below the daily average volume of 6.63 million. Companhia Siderurgica's shares have declined 4.67% in the last three market sessions. The stock is trading near its 52-week low of $2.72. Download free report on SID by registering at:

http://www.AAAResearchReports.com/SID062513.pdf

Shares in Steel Dynamics Inc. fell sharply on Monday, extending their losses from previous trading sessions. The company's shares vacillated between $13.85 and $14.46 before closing the day 2.07% lower at $14.20. A total of 2.79 million shares were traded which is above the daily average volume of 2.11 million. Steel Dynamics' shares have declined 4.57% in the last three sessions. The free report on STLD can be downloaded by signing up now at:

http://www.AAAResearchReports.com/STLD062513.pdf

Tenaris S.A.'s stock also slipped on Monday, closing 1.36% lower at $39.26 after trading between $38.47 and $39.42. A total of 1.71 million shares were traded which is more than double the daily average volume of 808,863. The company's shares have fallen 4.62% in the last three trading sessions. A free report on TS can be accessed by registering at:

http://www.AAAResearchReports.com/TS062513.pdf

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SOURCE AAA Research Reports

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