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News

Sensex sheds over 100 pts; Yes Bk, Tata Steel most active – Moneycontrol.com

June 22, 2010

The HinduSensex sheds over 100 pts; Yes Bk, Tata Steel most activeMoneycontrol.comTop losers – Sterlite Industries was trading at Rs 178.65, down 2.32%; Jindal Steel was at Rs 670.55, down 2.24%; Hindalco was at Rs 150.50, down 2.02%; …Sensex southbo…

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Commercial Metals Company Reports Loss of $8.8 Million or $0.08 Per Share for the Third Quarter (PR Newswire)

June 22, 2010

Commercial Metals Company today reported a net loss of $8.8 million or $0.08 per diluted share on net sales of $1.8 billion for the quarter ended May 31, 2010.  This compares with a net loss of $13.1 million or $0.12 per diluted share on net sales of …

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General Steel Announces Results of Its 2010 Annual General Meeting of Shareholders (PR Newswire)

June 21, 2010

General Steel Holdings, Inc. , one of China&os;s leading, non-state-owned producers of steel products and aggregators of domestic steel companies, today announced the official results of its 2010 Annual General Meeting, held on June 21, 2010 at 10:00 a…

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China’s yuan strengthens as floating of currency begins – USA Today

June 21, 2010

The GuardianChina's yuan strengthens as floating of currency beginsUSA TodayKevin Dempsey, general counsel at the American Iron and Steel Institute, says it's doubtful the yuan will appreciate substantially. …Yuan Impact: Commodities & Me…

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Posco Raises Steel Prices by Up to 5.9% as Costs Gain – BusinessWeek

June 21, 2010

Posco Raises Steel Prices by Up to 5.9% as Costs GainBusinessWeekJune 22 (Bloomberg) — Posco, South Korea's biggest steelmaker, raised domestic prices by as much as 5.9 percent for the third quarter as …S.Korea POSCO raises steel prices 6 pct fr…

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Traders Jump Into Positions on US Steel – Wall Street Journal

June 21, 2010

TheStreet.comTraders Jump Into Positions on US SteelWall Street JournalMaterials companies that deal with aluminum, steel and minerals such as gold and copper—along with energy companies—were among the best-performing stocks. …May Global Steel Pr…

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