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News

Rights issue for Corus bill – This is Money

December 28, 2010

The GuardianRights issue for Corus billThis is MoneyThe Thai firm that bought a Teesside steel plant from Corus in august has launched a £125m fund-raising to help pay for the acquisition. …Redcar steel plant a step closer to coming out of mothballs…

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Korea Stocks: Dongkuk Steel, GS Engineering, Hyundai Elevator – Bloomberg

December 28, 2010

Korea Stocks: Dongkuk Steel, GS Engineering, Hyundai ElevatorBloombergDongkuk Steel Mill Co. (001230 KS), South Korea's third- largest steelmaker, added 5.1 percent to 35200 won. The shares gained on speculation the profit …and more »

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ArcelorMittal buys call options for 26.5 million of its shares and sells 11. …

December 28, 2010

Luxembourg, 27 December 2010 – Following the reopening of its share buy-back program for up to 6% of its issued share capital announced on 26 November 2010, ArcelorMittal acquired on 18 December 2010 US dollar-denominated call options on 26,533,997 of …

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Steel prices in developing markets drift lower but may increase in January

December 28, 2010

In Russia, price competition amongst domestic metallurgical plants has intensified. The onset of low seasonal demand has forced producers to …

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Buy Tata Steel on dips Devang Mehta – Moneycontrol.com

December 28, 2010

Buy Tata Steel on dips Devang MehtaMoneycontrol.comBuy Tata Steel on dips, says Devang Mehta, Vice President & Head – Equity Sales of Anand Rathi Financial Services. Mehta told CNBC-TV18, "We do like Tata …and more »

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[video] Top 3 Metal Stocks for 2011

December 28, 2010
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