Monday, January 3, 2011

ArcelorMittal (NYSE:MT), POSCO (NYSE:PKX), Nucor (NYSE:NUE), US Steel (NYSE:X), AK Steel (NYSE:AKS) in 2010

It was a tough year for steelmakers, and most companies plummeted in the early part of April, never recovering in the year, like ArcelorMittal (NYSE:MT), POSCO (NYSE:PKX), Nucor (NYSE:NUE), US Steel (NYSE:X) and AK Steel (NYSE:AKS).

Nucor had the best performance of the steel companies listed here, not being as volatile throughout the year, and rebounding at the end of the year.

ArcelorMittal ended the year at $38.13, gaining $0.35 on December 31, up 0.93 percent. The company had a 52-week trading range of $26.28 to $49.41. They ended the year with a market cap of $57.58 billion.

POSCO closed the year out at $107.69, rising $0.25 on the last trading day, up 0.23 percent. The trading range for 2010 was from $87.80 to $140.34. They ended the year with a market cap of $33.18 billion.

Nucor finished off the year at $43.82, dropping $0.54 on Friday, a loss of 1.44 percent. The 2010 trading range for them was $35.71 to $50.72. They closed off the year with a market cap of $13.84 billion.

US Steel ended 2010 at $58.42, down $0.60 on the final trading day of the year, losing 1.02 percent. Their trading range for the year was $36.93 to $70.95. Their market cap heading into 2011 is $8.39 billion.

AK Steel finished 2010 at $16.37, gaining $0.26, or 1.61 percent on the last day of the year. Their 52-week trading range was $11.34 to $26.75. Their market cap at the end of the year was $1.80 billion.

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