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News

Iron Ore May Jump to Record $250/Ton in 2011, Credit Suisse Says – BusinessWeek

January 7, 2011

Iron Ore May Jump to Record $250/Ton in 2011, Credit Suisse SaysBusinessWeek7 (Bloomberg) — The price of iron ore, the key raw material for making steel, will average 21 percent higher this year and may jump to a record should …Chinese steel industr…

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[$$] Luster From Abroad

January 7, 2011
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AK Steel downgraded, CMC upgraded by Goldman Sachs

January 7, 2011
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Metal Stocks For 2011

January 7, 2011
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AK Steel falls as Goldman analyst cuts rating

January 7, 2011

[AP] – AK Steel Holding Corp.&os;s stock dropped more than 6 percent on Friday as a Goldman Sachs analyst cut the steel company&os;s rating due to a weak electrical steel market and increasing pressure from electrical steel imports.

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Indian Steel Demand Drops a Second Month; Tata, Rivals Decline – Bloomberg

January 7, 2011

Reuters IndiaIndian Steel Demand Drops a Second Month; Tata, Rivals DeclineBloombergIndian steel consumption fell for the second consecutive month in December as demand waned from …Tata Steel forges JV with Nippon SteelIndian ExpressNippon Steel to i…

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