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News

China shares rise for 4th day on bargain-hunting – BusinessWeek

July 22, 2010

China shares rise for 4th day on bargain-huntingBusinessWeekAngang Steel Co. gained 2.8 percent to 8.39 yuan, while Baoshan Iron & Steel Co., China's biggest steel producer, added 0.6 percent to 6.3 yuan. …Policy hopes extend China's winn…

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Nucor returns to 2Q profit as steel sales surge – BusinessWeek

July 22, 2010

RTT NewsNucor returns to 2Q profit as steel sales surgeBusinessWeekSteel manufacturer Nucor Corp. said Thursday it returned to a profit in the second quarter as sales jumped 69 percent on higher average prices. …Nucor Posts Third Straight Quarterly P…

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Reliance Steel moves to profit in 2nd quarter – BusinessWeek

July 22, 2010

Reliance Steel moves to profit in 2nd quarterBusinessWeekReliance Steel & Aluminum Co. said Thursday sales rose 30 percent in the second quarter on higher prices and improved demand for steel products, …Reliance Steel & Aluminum Co. Reports S…

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Kingfisher, Tata Power, Idea, JSW Steel, Jet Airways: India Equity Preview – Bloomberg

July 22, 2010

Kingfisher, Tata Power, Idea, JSW Steel, Jet Airways: India Equity PreviewBloombergJSW Steel Ltd. (JSTL IN): JFE Holdings Inc., Japan's second-largest steel producer, plans to invest about $1 billion in India's third-largest steel producer …a…

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JFE to invest $1 billion in India’s JSW Steel-media – Reuters Africa

July 22, 2010

Reuters IndiaJFE to invest $1 billion in India's JSW Steel-mediaReuters AfricaJFE Steel, the main steelmaking unit of JFE Holdings, and JSW had agreed in November on an alliance that could include the two companies taking stakes in …India Stocks …

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Reliance Steel & Aluminum – Investor’s Business Daily

July 22, 2010

Reliance Steel & AluminumInvestor’s Business DailyReliance Steel & Aluminum (RS), a metals processor, swung to a Q2 profit of 83 cents, beating by a penny, on higher demand for steel products. …Reliance Steel & Aluminum Co. Reports Second…

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