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Shares of Schnitzer Steel Industries Rank the Highest in terms of Relative Performance in the Steel Industry (SCHN, CMC, GNA, PKX, WOR)

Written on Fri, 07/16/2010 - 5:38am
By Chip Brian

Below are the top five companies in the Steel industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.
Schnitzer Steel Industries (NASDAQ:SCHN) ranks first with a gain of 0.12%; Commercial Metals (NYSE:CMC) ranks second with a loss of 0.07%; and Gerdau Ameristeel (NYSE:GNA) ranks third with a loss of 0.09%.
POSCO (NYSE:PKX) follows with a loss of 0.11% and Worthington Industries (NYSE:WOR) rounds out the top five with a loss of 0.36%.
SmarTrend is bearish on shares of SCHN and our subscribers were alerted to Sell on May 04, 2010 at $51.90. The stock has fallen 18.2% since the alert was issued.

Keywords: schnitzer steel industries relative performance

Ticker(s): SCHN CMC GNA PKX WOR

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