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News

Carpenter Technology Corp. Names William Wulfsohn to Serve as New President and CEO (Business Wire)

June 7, 2010

READING, Pa.—-Carpenter Technology Corporation , a leader in the development, manufacture and distribution of high performance specialty alloys, announced today that William A. Wulfsohn has been selected as the new president and CEO.

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Cliffs Natural Resources Inc. Reviews Options Regarding Proposed Takeover of KWG Resources (Business Wire)

June 7, 2010

CLEVELAND—-Cliffs Natural Resources Inc. today announced that it continues to review its options with respect to making a formal offer for the common shares of KWG Resources Inc. and may not make such an offer in light of KWG’s disclosure on May 25…

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Indian shares fall 2.1 pct; Reliance Comm jumps – Reuters

June 7, 2010

Indian shares fall 2.1 pct; Reliance Comm jumpsReutersTata Steel (TISC.BO), the world's eighth-largest steel producer, and Jindal Steel and Power (JNSP.BO) dropped 3.3 percent and 2.7 percent respectively. …and more »

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BIR sees world stainless steel output increasing by 25pct in 2010 – SteelGuru

June 7, 2010

BIR sees world stainless steel output increasing by 25pct in 2010SteelGuruAccording to the Bureau of International Recycling, world stainless steel production will increase by at least 25% in 2010 because of demand from China. …BRI: World stainless s…

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London Markets: BP shares outperform in lower FTSE 100 index (at MarketWatch)

June 7, 2010

BP shares show gains, bucking declines in the British equity market, as investors hope that the firm&os;s latest efforts to control the massive Gulf of Mexico leak will lessen ill-will directed toward the oil major.

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Steel curtain for Soccer City – Capital FM

June 7, 2010

CBC.caSteel curtain for Soccer CityCapital FMJOHANNESBURG, June 7 – South Africa is to throw a ring of steel around Johannesburg's sparkling new Soccer City stadium to prevent terrorists, hooligans or …Soweto a world away from Sandton's steel…

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