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News

Skeptical Spread Trader Fades the Rally in Schnitzer Steel Industries, Inc. – Schaeffers Research

February 2, 2010

Skeptical Spread Trader Fades the Rally in Schnitzer Steel Industries, Inc.
Schaeffers Research
Schnitzer Steel Industries, Inc. (SCHN) was the target of a short call spread today, with one speculator attempting to turn a profit on an expected pullback …
Schnitzer Steel (SCHN) Upgrade Alert, Watch for 9.3% Technical Downtrend ReversalComtex Smartrend
Schnitzer Steel Board Declares Quarterly DividendTrading Markets (press release)
Broader Market Makes BounceBriefing.com

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US Steel Corp’s Stock Will Go Lower – WallStNation.com

February 2, 2010

US Steel Corp's Stock Will Go Lower
WallStNation.com
Despite the stock for United States Steel Corporation (NYSE:X) making some good headway since March 2009 lows, the stock has recently taken a nosedive on …
AK Steel Holding: The Trend Continues Lower (AKS)Comtex Smartrend
Iron & Steel Stocks Biggest Gainers (AKS, STLD, MTL)India Business Blog (blog)
Top Iron & Steel Stocks are VALE, AKS, MTLTransWorldNews (press release)
Benzinga –FOXBusiness
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Input cost pressure to push prices higher ahead: Visa Steel – Moneycontrol.com

February 2, 2010

Input cost pressure to push prices higher ahead: Visa Steel
Moneycontrol.com
Several steel players have announced a hike in prices of flat products. State-run Steel Authority of India Ltd, the largest producer of the alloy in India, …
India to miss 124 million ton steel capacity targetPress Trust of India
SAIL hikes flat product prices, others to followFinancial Express
SAIL hikes prices of flat products by Rs 500/tMoneycontrol.com

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Sudden Acceleration Problem Solved With a Piece of Reinforcing Steel? – MetalMiner

February 2, 2010

MetalMiner

Sudden Acceleration Problem Solved With a Piece of Reinforcing Steel?
MetalMiner
According to the diagram below, Toyota believes the cut steel bar will reduce friction but according to comments left by readers on Toyota's own website, …

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Inmate Bends Steel Cell Door and Escapes from Jail – WSAW

February 2, 2010

Inmate Bends Steel Cell Door and Escapes from Jail
WSAW
RACINE – A Racine County Jail inmate bent his steel cell door enough to get out and trash the day room, jail staff said. The inmate – 41-year-old Sean Riker …

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Timken 4Q Loss Narrows Amid Cost Cuts, Higher Prices – Wall Street Journal

February 2, 2010

Timken 4Q Loss Narrows Amid Cost Cuts, Higher Prices
Wall Street Journal
The maker of bearings and specialty steel products also projected 2010 earnings of 85 cents to $1.15 a share and sees sales rising 5% to 10%, …
Timken reports annual loss but ends year better than expectedAkron Beacon Journal
Timken Reports 2009 Results and 2010 OutlookCNNMoney.com (press release)
Timken cut fourth-quarter losses to $20.2MWorcester Telegram
RTT News –Plain Dealer –Reuters
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