Monday, January 3, 2011

Gerdau S.A. (NYSE:GGB), Steel Dynamics (Nasdaq:STLD), Commercial Metals (NYSE:CMC), Olympic Steel (Nasdaq:ZEUS), Schnitzer Steel (NASDAQ:SCHN) in 2010

Steelmakers had a rough go of it in 2010, and most companies plunged in the early part of April, including companies like Gerdau S.A. (NYSE:GGB), Steel Dynamics (Nasdaq:STLD), Commercial Metals (NYSE:CMC), Olympic Steel (Nasdaq:ZEUS) and Schnitzer Steel (NASDAQ:SCHN).

Gerdau S.A. ended the year at $13.99, gaining $0.14 on December 31, up 1.01 percent. The company had a 52-week trading range of $11.49 to $17.99. They ended the year with a market cap of $19.85 billion.

Commercial Metals closed the year out at $16.59, losing $0.11 on the last trading day, down 0.66 percent. The trading range for 2010 was from $12.12 to $18.18. They ended the year with a market cap of $1.90 billion. They had an extremely volatile year.

Olympic Steel finished off the year at $28.68, dropping $0.18 on Friday, a loss of 0.62 percent. The 2010 trading range for them was $20.18 to $36.75. They closed off the year with a market cap of $312.47 million.

Steel Dynamics ended 2010 at $18.30, down $0.13 on the final trading day of the year, losing 0.71 percent. Their trading range for the year was $12.89 to $20.47. Their market cap heading into 2011 is $3.97 billion.

Schnitzer Steel finished 2010 at $66.39, gaining $0.08, or 0.12 percent on the last day of the year. Their 52-week trading range was $37.00 to $66.85. Their market cap at the end of the year was $1.80 billion.

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