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News

Gaza smugglers cut underground Egyptian steel wall – The Associated Press

July 22, 2010

The Canadian PressGaza smugglers cut underground Egyptian steel wallThe Associated PressFor now, many only smuggle those items still restricted by Israel, including cement, steel and other construction supplies. Gaza economist Ali Abu Shahla …Gaza sm…

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Reliance Steel & Aluminum Co. Reports Second Quarter Results; EPS of $.83 … – MarketWatch (press release)

July 22, 2010

Reliance Steel & Aluminum Co. Reports Second Quarter Results; EPS of $.83 …MarketWatch (press release)For the 2010 second quarter, carbon steel sales were 52% of net sales; aluminum sales were 18%; stainless steel sales were 15%; alloy sales were…

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Insteel shares fall on disappointing 3Q results (AP)

July 22, 2010

Shares of Insteel Industries Inc. fell sharply Thursday after the steel products maker posted lower-than-expected earnings and offered a bleak outlook for construction demand through the end of fiscal 2010.

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JFE may give close to $1 billion to JSW Steel – Economic Times

July 22, 2010

RediffJFE may give close to $1 billion to JSW SteelEconomic TimesSajjan Jindal's JSW Steel is close to signing the deal with it's technical partner, Japan based JFE, to sell a little over 14% stake in the company, …India Stocks Rise to 2 1/2 …

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June 2010 crude steel production

July 22, 2010

World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 119 million tons (mmt) in June. This is 18% higher than June 2009.

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ArcelorMittal South Africa Reviewing Steel Surcharge – BusinessWeek

July 22, 2010

Reuters AfricaArcelorMittal South Africa Reviewing Steel SurchargeBusinessWeekJuly 22 (Bloomberg) — ArcelorMittal South Africa Ltd. said it's reviewing its decision to impose a surcharge on steel products after reaching an interim …SA steel trad…

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