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News

AK Steel shares drop on coal cost worries (AP)

April 27, 2010

Shares of AK Steel Holding Corp. tumbled Tuesday after the steel company said it may have to pay more for coal because of an explosion at a Massey Energy Co. mine.

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AK Steel shares drop 6.4% (at MarketWatch)

April 27, 2010
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Hyundai Steel Q1 net rises nearly five-fold on increased sales – Trading Markets (press release)

April 27, 2010

Hyundai Steel Q1 net rises nearly five-fold on increased sales
Trading Markets (press release)
Hyundai Steel Co., South Korea's No. 2 steelmaker, said Tuesday its net profit rose nearly five-fold in the first quarter from a year ago thanks to …
Hyundai Steel increases profit and revenues in Q1 2010SteelOrbis (registration)

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EU steel market on track for muted recovery

April 27, 2010

EUROFER’s Quarter 2-2010 report on the Economic and Steel Market Outlook 2010-2011 confirms that the EU steel market started 2010 on a positive …

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S&P raises AK Steel rating (AP)

April 27, 2010

Ratings agency Standard & Poor&os;s upgraded AK Steel on Tuesday, saying that it expects its performance to improve this year on higher demand for steel.

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UPDATE 1-China steel mills buying ore at new quarterly prices – Reuters India

April 27, 2010

China Daily

UPDATE 1-China steel mills buying ore at new quarterly prices
Reuters India
BEIJING, April 27 (Reuters) – China's smaller steel mills are buying iron ore at the quarterly prices agreed by Japan and South Korea, braving the wrath of …
Steel market rebound boosts profits at China's HegangSteel Business Briefing (subscription)
Earnings Preview: US SteelBusinessWeek
Benxi Iron and Steel makes progress in domestic pipeline steel marketSteelOrbis (registration)
Alibaba News Channel –Reuters –Steel Prices China
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