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News

Universal Stainless Announces Bar Base Price Increases

February 24, 2011

[GlobeNewswire] – BRIDGEVILLE, Pa. — Universal Stainless & Alloy Products, Inc. today announced a base price increase of 5% on all stainless and low alloy grade bar products manufactured at its Bridgeville and Dunkirk facilities.

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Weighty investment in SA – Business Day

February 24, 2011

Reuters AfricaWeighty investment in SABusiness DayNEWS that Lazarus Zim's Afripalm Resources has signed an understanding with the Steel Authority of India to possibly build a R21bn integrated steel plant in SA will hugely excite government planners…

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Cap posts major profit for 2010 – SteelGuru

February 23, 2011

Cap posts major profit for 2010SteelGuruChilean integrated iron ore and steel producer Cap SAswung to a net profit of USD 590.4 million in 2010 on an accounting adjustment after one of its units completed a merger and on higher international iron-ore p…

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CISA: China Should Use Forex Reserves To Buy Commodities – Wall Street Journal

February 23, 2011

Moneycontrol.comCISA: China Should Use Forex Reserves To Buy CommoditiesWall Street JournalBEIJING (Dow Jones)–A senior steel industry official Thursday called for China to use its foreign-exchange reserves to build strategic commodity stockpiles, inc…

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Sell Tata Steel says Ashish Tater – Moneycontrol.com

February 23, 2011

Sell Tata Steel says Ashish TaterMoneycontrol.comTater told CNBC-TV18, "Sell Tata Steel. Sell Tata Steel futures because I don't think the bounce back into steel sector is going to sustain and Tata Steel because of its Corus problems will cont…

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JFE Steel rejects BHP’s coal pricing bid – Ninemsn

February 23, 2011

JFE Steel rejects BHP's coal pricing bidNinemsnJapan's JFE Steel has rejected BHP Billiton Ltd's proposal for monthly pricing for coking coal, rather than the quarterly pricing arrangement that was introduced last year, according to reports…

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