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Yahoo! Steel

Posts by Yahoo! Steel

CMC FYQ1 Misses Badly; Stock Off 7% (at Barrons.com)

December 22, 2009
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Interest Rates Dominate the Chatter (at CNBC)

December 22, 2009

Interest rates the topic on stock trading desks this morning. I briefly saw a friend of mine who works for a mortgage company yesterday. He was working late updating the mortgage quotes for his company and was somewhat in a state of shock: 30-year mortgage rates had gone up over a tenth of a point in a single day, an almost unheard-of jump.

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Commercial Metals Company Reports Loss of $31.2 Million or $0.28 per Share for First Quarter; Declares Quarterly Cash Dividend (PR Newswire)

December 22, 2009

Commercial Metals Company today reported a net loss of $31.2 million or $0.28 per share on net sales of $1.4 billion for the quarter ended November 30, 2009. This compares with net earnings of $62.0 million or $0.54 per diluted share on net sales of $2.4 billion for the first quarter of last year.

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Steel: Advance / Decliner Falls Nominally, China Regains Strength (at Seeking Alpha)

December 21, 2009
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General Steel Announces Strong Results from its 2009 Annual Distributor Conference (PR Newswire)

December 21, 2009

General Steel Holdings, Inc. , one of China&os;s leading non-state-owned producers of steel products and aggregators of Chinese steel companies, today announced results from its annual distributor conference held in Xian, China from December 14-16, 2009.

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ArcelorMittal appoints Peter Kukielski to its Group Management Board and Philippus F. (Phil) Du Toit to its Management Committee (Business Wire)

December 21, 2009

LUXEMBOURG—-Regulatory News:

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