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General Steel loss widens after charges – MarketWatch

Chinese steel industry news — Mon, 10 Aug 2009 04:27:00 +0000

General Steel loss widens after charges
MarketWatch
LONDON (MarketWatch) — General Steel Holdings Inc. said Monday that its second-quarter net loss widened to $31.8 million, or 80 cents a share, …
General Steel Q2 Loss WidensRTT News
General Steel Announces Second Quarter 2009 ResultsPR Newswire (press release)
General Steel Holdings Q2 Loss Widens – Quick FactsRTT News

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Four employees severely injured in steel-plant explosion – www.romaniantimes.at

CIS steel industry news — Mon, 10 Aug 2009 02:49:00 +0000

Four employees severely injured in steel-plant explosion
www.romaniantimes.at
Four employees of steel plant Mechel Targoviste in southern Romania were severely injured on Saturday in an explosion and taken to hospital in Bucharest. …
Six injured in Romania blastSoutheast European Times

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Holding a bill hostage – Indiana Daily Student

Indian steel industry news — Sun, 09 Aug 2009 18:25:00 +0000

Treehugger

Holding a bill hostage
Indiana Daily Student
Whereas increasing the costs faced by domestic steel plants will only hurt the steel plants themselves, taxing imported steel hurts every domestic industry …
Cap and Trade: Ten Democratic Senators Call for Carbon TariffsWall Street Journal Blogs

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Rio Tinto Spying Cost China Steelmakers $102 Billion – Bloomberg

Chinese steel industry news — Sun, 09 Aug 2009 03:31:00 +0000

Reuters

Rio Tinto Spying Cost China Steelmakers $102 Billion
Bloomberg
“It also caused the serious consequence of climbing losses in China's pillar industry of steelmaking.” Hu and three other Rio executives were detained by …
Q+A: Why did China detain Rio's mining executives?Reuters

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ArcelorMittal sees steel consumption fall by 20pct in 2009 – SteelGuru

Chinese steel industry news — Sat, 08 Aug 2009 21:34:00 +0000

ArcelorMittal sees steel consumption fall by 20pct in 2009
SteelGuru
He added that China's steel mills have been improving the production to meet the increasing domestic demand, the current capacity utilization rate is 96% …
ArcelorMittal Struggles With Red InkState Journal

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A 1-in-100 Investor – Motley Fool

CIS steel industry news — Fri, 07 Aug 2009 13:10:00 +0000

The Money Times

A 1-in-100 Investor
Motley Fool
“Speculators” stand accused of raising oil prices here at home, in the steel and coal industries in Russia, and in, well, just about every industry in …
5 Stocks Springing BackMotley Fool

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Strikes driving nickel price up – Sudbury Star

Stainless steel industry news — Fri, 07 Aug 2009 04:16:00 +0000

NorthernLife.ca

Strikes driving nickel price up
Sudbury Star
The trader said some real demand had returned to the market, with stainless steel mills coming back and staying ahead of rising prices. …
Strike will affect Vale's bottom lineSudbury Star
FNX to continue stockpiling ore — for nowSudbury Star

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CSN Profit Falls on Blast Furnace Halt, Lower Sales – Bloomberg

Brazil steel industry news — Fri, 07 Aug 2009 03:08:00 +0000

CSN Profit Falls on Blast Furnace Halt, Lower Sales
Bloomberg
Steel products sales in Brazil plunged 40 percent in the first half from a year earlier, the Brazilian Steel Institute said in mid-July. …
Brazil CSN Steel 2Q Net BRL335 Million Vs BRL1.03 BillionEasyBourse.com

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Mills plan August stainless steel price hike – Purchasing.com

Stainless steel industry news — Tue, 04 Aug 2009 09:49:00 +0000

Mills plan August stainless steel price hike
Purchasing.com
Two major stainless steel flat-rolled mills are planning what amounts to a 3% increase in August transaction prices for cold-rolled sheet. …
MEPS Forecast North American Stainless Steel PricesAzom.com
(AMM) Stainless mart bracing for 6% base price hikesMetalbulletin.com (subscription)

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Olympic Steel sees plate, sheet hikes taking hold – American Metal Market

Steel fabrication industry news — Thu, 30 Jul 2009 17:03:00 +0000

Olympic Steel sees plate, sheet hikes taking hold
American Metal Market
Olympic's average first-half selling prices declined $385 per ton from the same six-month span in 2008, Richard Marabito, the company's chief financial …
Olympic's $33.8M 2d-qtr. loss tied to slack demand, pricesAmerican Metal Market

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