3 Stocks Pulling The Metals & Mining Industry Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Metals & Mining industry currently sits up 1.5% versus the S&P 500, which is down 0.1%. Top gainers within the industry include Yamana Gold ( AUY), up 5.8%, Kinross Gold Corporation ( KGC), up 5.7%, Eldorado Gold ( EGO), up 5.0% and Southern Copper Corporation ( SCCO), up 1.6%.

TheStreet would like to highlight 3 stocks pushing the industry lower today:

3. Companhia Siderurgica Nacional ( SID) is one of the companies pushing the Metals & Mining industry lower today. As of noon trading, Companhia Siderurgica Nacional is down $0.24 (-5.0%) to $4.68 on light volume. Thus far, 1.6 million shares of Companhia Siderurgica Nacional exchanged hands as compared to its average daily volume of 5.6 million shares. The stock has ranged in price between $4.64-$4.84 after having opened the day at $4.79 as compared to the previous trading day's close of $4.93.

Companhia Siderurgica Nacional operates as an integrated steel producer primarily in Brazil. The company principally produces carbon steel and various steel products for automotive, home appliance, packaging, construction, and steel processing industries. Companhia Siderurgica Nacional has a market cap of $7.1 billion and is part of the basic materials sector. Shares are down 20.5% year-to-date as of the close of trading on Friday. Currently there are no analysts that rate Companhia Siderurgica Nacional a buy, 3 analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia Siderurgica Nacional as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally higher debt management risk and weak operating cash flow. Get the full Companhia Siderurgica Nacional Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, Gerdau ( GGB) is down $0.28 (-3.9%) to $6.85 on average volume. Thus far, 1.7 million shares of Gerdau exchanged hands as compared to its average daily volume of 4.2 million shares. The stock has ranged in price between $6.84-$7.12 after having opened the day at $7.12 as compared to the previous trading day's close of $7.13.

Gerdau S.A. engages in the production and commercialization of steel products worldwide. Gerdau has a market cap of $11.9 billion and is part of the basic materials sector. Shares are down 9.1% year-to-date as of the close of trading on Friday. Currently there is 1 analyst that rates Gerdau a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Gerdau as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. Get the full Gerdau Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, ArcelorMittal ( MT) is down $0.80 (-4.6%) to $16.47 on heavy volume. Thus far, 4.1 million shares of ArcelorMittal exchanged hands as compared to its average daily volume of 5.1 million shares. The stock has ranged in price between $16.38-$16.68 after having opened the day at $16.66 as compared to the previous trading day's close of $17.27.

ArcelorMittal, together with its subsidiaries, operates as an integrated steel and mining company worldwide. The company operates through six segments: Flat Carbon Americas; Flat Carbon Europe; Long Carbon Americas and Europe; Asia, Africa, and CIS; Distribution Solutions; and Mining. ArcelorMittal has a market cap of $26.6 billion and is part of the basic materials sector. Shares are down 3.2% year-to-date as of the close of trading on Friday. Currently there are 5 analysts that rate ArcelorMittal a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates ArcelorMittal as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity and generally high debt management risk. Get the full ArcelorMittal Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).

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