HONG KONG -- (Marketwire) -- 05/18/12 -- Today, www.BollingerReport.com introduced featured coverage of Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) and Steel Dynamics, Inc. (NASDAQ: STLD). Full research reports are available to readers at: www.BollingerReport.com/index.php'sm1=SCHN&sm2=STLD.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Bollinger Report screened and selected Schnitzer Steel Industries, Inc. for its current position within the basic materials industry. Schnitzer Steel Industries, Inc. (SSI) is a recycler of ferrous and nonferrous scrap metal. The Company is a recycler of used and salvaged vehicles and a manufacturer of finished steel products. A copy of this report featuring Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is available at: www.BollingerReport.com/index.php'sm1=SCHN.
Bollinger Report is featuring Steel Dynamics, Inc. for its changing role within the basic materials industry. Steel Dynamics, Inc. is a steel producer and metals recycler in the United States. The Company operates in three segments: steel operations, metals recycling and ferrous resources operations, and steel fabrication operations. During the year ended December 31, 2011, its metals recycling shipments were 5.9 million gross tons of ferrous materials and 1. To download researches and analysis on Steel Dynamics, Inc. (NASDAQ: STLD) we welcome investors to visit: www.BollingerReport.com/index.php'sm2=STLD.
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