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Date	Analyst Note	Full Analyst Report
05-16-13	Mining Issues May Only be Temporary but CSN on Shaky Ground	Companhia Siderurgica Nacional
05-16-13	ThyssenKrupp Moves Closer to Selling American Plants but Cannot Rule Out a Capital Raise	ThyssenKrupp AG
05-10-13	Nothing New From ArcelorMittal in the First Quarter, and No Meaningful Improvement on the Horizon	ArcelorMittal SA
05-10-13	Nothing New From ArcelorMittal in the First Quarter, and No Meaningful Improvement on the Horizon	ArcelorMittal SA
05-07-13	Middling Results Continue for Gerdau; Some Improvement on the Horizon, but There's Little Momentum	Gerdau SA
05-03-13	Heavy Competition Hits Tenaris' Lower-End Products in First Quarter	Tenaris SA
05-03-13	Heavy Competition Hits Tenaris' Lower-End Products in First Quarter	Tenaris SA
05-02-13	Vallourec Feels No Slowdown in Oil & Gas, Maintains Guidance After Strong Start to 2013	Vallourec SA
05-01-13	U.S. Steel's Higher Operating Rates No Match for Weak Pricing; Outlook Not Pretty	United States Steel Corporation
04-30-13	Ternium Backs Away from CSA; Internal Growth Projects Carry More Promise	Ternium SA
04-29-13	Growing Demand for Automobiles Rejuvenates Baosteel's Earnings	Baoshan Iron And Steel Co., Ltd.
04-25-13	Cost Relief Aids POSCO in Difficult Start to 2013; Market Conditions Still Challenging	POSCO
04-25-13	Cost Relief Aids POSCO in Difficult Start to 2013; Market Conditions Still Challenging	POSCO
04-23-13	Lower Raw Material Costs Buoy AK Steel in 1Q, but Sustaining Momentum Will Be a Challenge	AK Steel Holding Corporation

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