What's Ahead: Today's Economic Outlook - Equity Research on United States Steel Corporation and Nucor Corporation

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Fri Oct 28, 2011 9:00am EDT

  MACAU, Oct 28 (MARKET WIRE) -- 
Today, www.EquityMarketsInc.com announced its research report
highlighting United States Steel Corporation (NYSE: X) and Nucor
Corporation (NYSE: NUE). Full content and research is available at
www.EquityMarketsInc.com/research.php?id=X+NUE.

    Short-term outlooks within US and global economies continue to adjust
downward, as US Treasury yields touched their lowest levels in over 65
years. International Monetary Fund downgraded estimates for US growth by
1.0% this year, down from 2.5%. 'Significant downside risks' to the US
economy were confirmed by the Federal Reserve pressured by 'strains in
global financial markets.'

    As the US dollar trades above an eight-month high against the Euro, it
highlights a deepening of the Eurozone sovereign debt crisis -- furthered
by continued policy inaction from European governments. We expect
continued volatility until economic data stabilizes and we see decisive
policy action to deal with the Eurozone debt crisis.

    Our members are preparing for a turn in tides. Currently, the Credit
Suisse Risk Appetite Indicator is at a 30-year low. For the past three
occurrences, this level has acted as a leading indicator of large stock
market rallies 18 months following.

    Equity Markets has reviewed United States Steel Corporation for its
current position within the basic materials industry. United States Steel
Corporation (U. S. Steel) is an integrated steel producer of flat-rolled
and tubular products with major production operations in North America
and Europe. U. S. Steel has annual raw steel production capability of
31.7 million net tons (tons) (24.3 million tons in North America and 7.4
million tons in Europe). The full research report on United States Steel
Corporation (NYSE: X) is available here:
www.EquityMarketsInc.com/research.php?id=X.

    Equity Markets has reviewed Nucor Corporation for its development within
the basic materials industry. Nucor Corporation and its affiliates
(Nucor) manufacture steel and steel products. Nucor also produces direct
reduced iron (DRI) for use in the Company's steel mills. It operates in
three segments: steel mills, steel products and raw materials. The steel
mills segment produces sheet steel (hot and cold-rolled), plate steel,
structural steel and bar steel. The full research report on Nucor
Corporation (NYSE: NUE) is available here:
www.EquityMarketsInc.com/research.php?id=NUE.

    About Equity Markets
 Our mission at Equity Markets is to be the best
source of content and research, while educating, enlightening and
informing investors. Equity Markets combines street smart analysts and
professional market researchers to provide investors with detailed
company profiles and market coverage.

    

Contact:

Samuel Littman
press@equitymarketsinc.com
www.EquityMarketsInc.com 

Copyright 2011, Market Wire, All rights reserved.

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