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Mining stocks fall as Australia prepares new tax (at MarketWatch)

May 3, 2010

Mining stocks are hurt in U.S. trade Monday following a decision in Australia to impose a 40% tax on profits made from mining projects.

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AK Steel Announces Stainless Steel Price Increase (PR Newswire)

May 3, 2010

AK Steel said today that it will increase base prices for all 200, 300 and 400 series flat rolled stainless steel products by 6% to 9%, depending upon the grade and product form, effective with shipments on May 30, 2010.

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Carpenter Technology Raises Prices on All Specialty Stainless, High Temperature and Electronic Alloys (Business Wire)

May 3, 2010

WYOMISSING, Pa.—-Carpenter Technology Corporation today announced that it will increase base prices an average of 5 percent on all specialty stainless, high temperature and electronic alloys in all product forms.

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Schnitzer Steel Board Declares Quarterly Dividend (Business Wire)

May 3, 2010

PORTLAND, Ore.—-The Board of Directors of Schnitzer Steel Industries, Inc. declared a cash dividend of $0.017 per common share, payable on June 3, 2010, to shareholders of record on May 20, 2010.

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