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Yahoo! Steel

Posts by Yahoo! Steel

Macarthur / Noble (at FT.com)

April 6, 2010

It&os;s all very simple, sighedNoble Group on Wednesday. If investors in Macarthur Coal, the Brisbane-based producer subject to competing proposals, want to stay in a company that plans to develop into the largest independent coal producer in Australia, they should approve the Noble-backed merger of Macarthur with Sydney&os;s Gloucester Coal, at a shareholder meeting scheduled for next Monday.

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La. Gov. Jindal proposing $65M for Nucor project (AP)

April 6, 2010

Gov. Bobby Jindal said he&os;s proposing the state set aside $65 million in its annual construction budget for a possible $2 billion pig iron plant in southeast Louisiana by steelmaker Nucor Corp.

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Iron ore surcharges seen boosting steel makers (at MarketWatch)

April 6, 2010

Shares of U.S. Steel Corp. and AK Steel Holding Corp. both buck market declines after an analyst says he expects the sector to benefit from rising iron ore prices.

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Harsco Adds to Brazilian Footprint With New Railway Track Maintenance Equipment Order (GlobeNewswire)

April 6, 2010
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AK sets $420 per ton charge on electrical products (AP)

April 6, 2010

AK Steel said Tuesday that it will add a $420 per ton surcharge for electrical steel products shipped in May. The company&os;s electrical steel products include electrical transformers and generators.

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Peabody Energy raises bid for Macarthur Coal to $3.3B (at bizjournals.com)

April 6, 2010
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