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News

Tata Steel to invest $500 mn in its European arm next fiscal – Economic Times

December 27, 2010

Tata Steel to invest $500 mn in its European arm next fiscalEconomic TimesJAMSHEDPUR: Tata Steel today said it will infuse $500 million in its European arm in the next fiscal and asserted that the new year will see its joint …Nippon Steel resumes del…

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Indian Mining Firm Unlikely to Join a Tata Bid for Riversdale – New York Times

December 27, 2010

Reuters IndiaIndian Mining Firm Unlikely to Join a Tata Bid for RiversdaleNew York TimesTata Steel is Riversdale's largest shareholder, and it recently raised its stake in the coal miner to 24.2 percent from 21.7. …Comfortable with Rio Tinto bid …

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Midwest Manufacturing Index shows Nov. uptick – Chicago Breaking Business – Tribune

December 27, 2010

Midwest Manufacturing Index shows Nov. uptickChicago Breaking Business – TribuneThree of the four regional sectors — steel, machinery, resource and auto — experienced small increases from the prior month. Output in the region's steel …Midwest…

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No discomfort in Rio Tinto bid for Riversdale: Tata Steel – Moneycontrol.com

December 27, 2010

Reuters IndiaNo discomfort in Rio Tinto bid for Riversdale: Tata SteelMoneycontrol.comTata Steel, which owns a 24% stake in Riversdale, says it is quite comfortable with Rio Tinto's USD 3.9 billion offer for the mining company, …ICVL Likely to St…

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ArcelorMittal Buys Call Options for 26.5 Million of Its Shares and Sells 11.5 Million Treasury Shares

December 27, 2010

[Business Wire] – Regulatory News:

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Potential Vectors Steel (SLX) 12/27/2010 Trade Has 4.99% Downside Protection – Market Intelligence Center

December 27, 2010

Potential Vectors Steel (SLX) 12/27/2010 Trade Has 4.99% Downside ProtectionMarket Intelligence CenterVectors Steel (AMEX: SLX) closed Thursday's trading session at $72.11. In the past year, the ETF has hit a 52-week low of $50.73 and 52-week high …

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