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News

Cliffs Falls Short of Targets (at TheStreet.com)

July 28, 2010
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Cliffs Natural Resources Inc. Reports Second-Quarter 2010 Results (Business Wire)

July 28, 2010

CLEVELAND—-Cliffs Natural Resources Inc. today reported second-quarter results for the period ended June 30, 2010. Consolidated revenues were up 203% for the second quarter to a record of $1.18 billion, from $390.3 million in the same quarter last year.

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ArcelorMittal plans stainless spin-off, – Reuters

July 28, 2010

Globe and MailArcelorMittal plans stainless spin-off,ReutersArcelorMittal, the world's biggest steel maker, said its stainless division could be a separately listed company in the next six to 18 months, …ArcelorMittal Swings to Profit, Raises Ste…

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ISS and Glass Lewis & Co. recommend in favour of Gerdau S.A.'s acquisition of the minority interest in Gerdau Ameristeel Corporation (PR Newswire)

July 28, 2010

Gerdau S.A. and Gerdau Ameristeel Corporation announced today that both ISS Proxy Advisory Services and Glass Lewis & Co., leading proxy advisory firms who provide advice and voting recommendations to shareholders, have each published a report recommen…

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Daley wants $98 million to transform old steel mill – Chicago Tribune (blog)

July 28, 2010

Chicago TribuneDaley wants $98 million to transform old steel millChicago Tribune (blog)Mayor Richard Daley today asked the City Council to kick in $98 million toward a housing and shopping development on part of a massive former steel mill on …Daley…

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Double strand wire rod mill for Xuanhua, China

July 28, 2010

Xuanhua Iron & Steel (Group) Co., China, has ordered a double strand wire rod mill. The new plant will enable the steelmaker to enter markets …

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