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News

More Downside Seen in ArcelorMittal (at Seeking Alpha)

July 28, 2010
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Record high levels of iron and steel production forecast for 2010 and 2011

July 28, 2010

World steel output is predicted to reach 1395 million tonnes in 2010 – up by 14 percent on the year earlier figure. A further expansion …

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Arcelor Mittal profits up as demand for steel rises – BBC News

July 28, 2010

Moneycontrol.comArcelor Mittal profits up as demand for steel risesBBC NewsSteel giant Arcelor Mittal has reported a big jump in profits between April and June, with sales up as the global economy continues to recover. …Group is considering spin-off …

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Group is considering spin-off of stainless steel division – MarketWatch

July 28, 2010

RediffGroup is considering spin-off of stainless steel divisionMarketWatchThe firm also announced Wednesday it's considering spinning off its stainless steel division from the rest of the group. The group's result followed a loss …ArcelorMitt…

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US Steel reports 2nd quarter loss on weak euro – Tribune Review

July 28, 2010

US Steel reports 2nd quarter loss on weak euroTribune ReviewUS Steel Corp. said Tuesday it lost money in the second quarter, but less than in recent periods because of a turnaround in its flat-rolled …US Steel Workers Keep Working After Alarm Sounds:…

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AK Steel expects hard 3Q – Cincinnati.com

July 28, 2010

AK Steel expects hard 3QCincinnati.comShares of AK Steel closed down about 5 percent Tuesday despite the company reporting better than expected earnings for the second quarter. …AK Steel turns profit of $26.7M in 2QBusinessWeek(AMM) AK Steel sees eco…

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