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News

Europe Markets: European shares waver but BP gains (at MarketWatch)

July 5, 2010

European shares struggle for direction on Monday with U.S. markets closed for a holiday amid lingering worries about growth, although oil giant BP managed to gain ground.

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Mechel OAO Announces the Results of Its Annual General Shareholders' Meeting (GlobeNewswire)

July 5, 2010

MOSCOW — Mechel OAO , one of the leading Russian mining and metals companies, announces that the Annual General Shareholders&os; Meeting was held on June 30, 2010.

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Fitch: Developed Market Austerity Plans Will Slam Local Steel Producers – The Business Insider

July 5, 2010

The Business InsiderFitch: Developed Market Austerity Plans Will Slam Local Steel ProducersThe Business InsiderIn their latest Worldwide Steel Outlook, Fitch Ratings provides a relatively optimistic forecast for the global steel industry. “Pricing sh…

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Key steel project opens in Iran – Press TV

July 5, 2010

Press TVKey steel project opens in IranPress TVA major steel project comes on stream in the city of Bonab in the northwestern Iranian province of East Azarbaijan in a ceremony attended by President …and more »

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China bus fire kills 24 workers – BBC News

July 4, 2010

Aljazeera.netChina bus fire kills 24 workersBBC NewsA shuttle bus carrying steel factory workers in eastern China burst into flame, killing 24 of those on board. The accident happened in Wuxi, …Fire kills 24 aboard China steel company busReuters Afri…

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Europe Markets: OIl giant BP gains in steady Europe (at MarketWatch)

July 4, 2010

European shares were trading around the flat line Monday, as oil giant BP gained ground but investors continued to fret about the outlook for global economic growth.

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