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Relatively Low Performance Detected in Shares of Mechel in the Steel Industry (MTL, ATI, WOR, AKS, CMC)

Written on Mon, 07/19/2010 - 6:01am
By Chip Brian

Below are the top five companies in the Steel industry as measured by lowest relative performance. This analysis was based on yesterday's trading activity as we search for stocks that could be relative bargains.
Mechel (NYSE:MTL) ranks first with a loss of 5.84%; Allegheny Technologies (NYSE:ATI) ranks second with a loss of 5.49%; and Worthington Industries (NYSE:WOR) ranks third with a loss of 5.11%.
AK Steel Holding (NYSE:AKS) follows with a loss of 4.47% and Commercial Metals (NYSE:CMC) rounds out the top five with a loss of 4.12%.
SmarTrend is bearish on shares of WOR and our subscribers were alerted to Sell on May 06, 2010 at $15.13. The stock has fallen 14% since the alert was issued.

Keywords: mechel relative performance

Ticker(s): MTL ATI WOR AKS CMC

Contact Chip Brian



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