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News

Steel station for Gurgaon metro line – Daily News & Analysis

February 1, 2010

Steel station for Gurgaon metro line
Daily News & Analysis
This will be the first fully-steel metro station in the country, a DMRC official said, adding that it would incur an additional 30% to 50% cost. …
Delhi metro to have a station fully made of steelPress Trust of India
Metro's steely resolve at station in ChhatarpurTimes of India

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World stainless steel prices slip in January but upturn imminent

February 1, 2010

The stainless steel market appears to be at something of a crossroads, with raw material costs, end-user demand and the aims of the producers all having their separate influences. In the West, in particular, the post-recession pick-up in demand is …

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Factory activity fueling modest economic recovery (AP)

February 1, 2010

Hopes that America&os;s factories will help drive the economic recovery gained support Monday from news that manufacturing activity grew in January to its strongest point since 2004.

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Cliffs Natural Resources Inc. Closes Wabush Mines Acquisition (Business Wire)

February 1, 2010

CLEVELAND—-Cliffs Natural Resources Inc. today announced that it has completed the acquisition of its former partners’ interests in the Wabush Mines joint venture for approximately $88 million.

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Schnitzer Steel Board Declares Quarterly Dividend (Business Wire)

February 1, 2010

PORTLAND, Ore.—-The Board of Directors of Schnitzer Steel Industries, Inc. declared a cash dividend of $0.017 per common share, payable on March 1, 2010, to shareholders of record on February 16, 2010.

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Rio Tinto: Citi Raises to "Buy" On Valuation (at Barrons.com)

February 1, 2010
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