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Yahoo! Steel

Posts by Yahoo! Steel

Mechel Announces Accident at Its Chelyabinsk Metallurgical Plant (GlobeNewswire)

March 11, 2010
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ArcelorMittal cut to hold from buy at ING (at MarketWatch)

March 10, 2010
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Cliffs Natural Resources prices notes offering (AP)

March 10, 2010

Mining company Cliffs Natural Resources Inc. said Wednesday that it had priced its public offering of $400 million worth of senior notes.

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Brazilian Steel Company Eyes Some Spinoffs (at Investor's Business Daily, Inc.)

March 10, 2010
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Steel Industry Stock Review – March 2010 (Zacks.com)

March 10, 2010

The largest drivers of steel consumption have historically been the automotive and construction markets, which absorb more than 50% of total steel production. We are favorable on NUE, AKS and STLD, but not on PKX or ATI.

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Cliffs Natural Resources Inc. Announces Pricing of $400 Million Public Offering of Senior Notes (Business Wire)

March 10, 2010

CLEVELAND—-Cliffs Natural Resources Inc. announced today that it has priced its registered public offering of $400 million of 5.9% Senior Notes due March 2020. Cliffs expects to close the offering on March 17, 2010, subject to customary closing conditions.

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