On Friday, Shares of ArcelorMittal SA (ADR)(NYSE:MT), added 2.61% and closed at $2.29 in the last trading session. The last trading range of the stock ranges between $6.16and $6.43. The company’s Market capitalization is $19.79 Billion with the total Outstanding Shares of 2.14 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $2.93 and reached to max level of $6.94. ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Brazil; Europe; Africa & Commonwealth of Independent States; and Mining. It produces finished and semi-finished steel products. The companys products include flat products, such as slabs, plates, hot-and cold-rolled coils and sheets, hot-dipped and electro-galvanized coils and sheets, and tinplate and color coated coils and sheets; and seamless and welded pipes and tubes. It also offers long products, counting blooms and billets, bars, wire-rods, structural sections, rails, sheet piles, and wire-products. The company provides its steel products to the automotive, appliance, engineering, construction, energy, and machinery industries. It sells its products in local markets and through a centralized marketing organization in about 160 countries. In addition, the company produces mining products, counting iron ore lumps, fines, concentrates, and sinter feeds, in addition to coking, pulverized coal injection, and thermal coal. It has iron ore mining activities in Brazil, Bosnia, Canada, Kazakhstan, Liberia, Mexico, Ukraine, and the United States; and coal mining activities in Kazakhstan and the United States.
United States Steel Corporation (NYSE:X), lost -1.39% and closed at $17.68 in the last trading session. The last trading range of the stock ranges between $17.16 and $18.37. The company’s Market capitalization is $2.94 Billion with the total Outstanding Shares of 165.61 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.15 and reached to max level of $27.64. United States Steel Corporation (NYSE:X) declared recently that interested stockholders, shareholders and others may listen to the company’s third quarter 2016 conference call with securities analysts on Wednesday, Nov. 2, 2016, at 8:30 a.m. EDT. The call, which will be available via the U. S. Steel website, will cover third quarter 2016 financial results and may include forward-looking information. The company plans to release its third quarter 2016 financial results following the close of trading on the New York Stock Exchange on Tuesday, Nov. 1.
- S. Steel officials participating in the call will be Mario Longhi, President and CEO; David B. Burritt, Executive Vice President and CFO; and Dan Lesnak, General Manager-Shareholder Relations.
The company’s slide presentation and prepared remarks will be posted to the U. S. Steel website following the close of trading on the New York Stock Exchange on Tuesday, Nov. 1. The slides and remarks will not be repeated on the conference call with securities analysts. The conference call will begin with introductory comments from Mario Longhi, and proceed directly to a question and answer session with the securities analysts.
On the other hand share Gerdau SA (ADR)(NYSE:GGB), gained 3.83% and closed at $2.98 in the last trading session. The last trading range of the stock ranges between $2.89 and $2.99. The company’s Market capitalization is $5.00 Billion with the total Outstanding Shares of 1.15 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $0.79 and reached to max level of $3.19. Gerdau S.A. produces and commercializes steel products worldwide. The company operates through Brazil Business Operation, North America Business Operation, South America Business Operation, and Special Steel Business Operation segments. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, counting rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, in addition to iron ore. It also produces special steel products used in automotive components, machinery, road and agricultural parts, mining equipment, tools, rail components, and maritime mooring. In addition, it provides flat products, such as hot- and cold-rolled steel coils, heavy plates, and structural profiles.