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ArcelorMittal announces $250 million profit plan for stainless steel segment – The Hindu

December 16, 2010

Your Industry News (press release)ArcelorMittal announces $250 million profit plan for stainless steel segmentThe HinduPTI ArcelorMittal on Thursday announced a $250 million profit enhancement plan for its stainless steel division, which is to be spun …

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Angang Seeks to Buy Sangang in China Steel Consolidation – Bloomberg

December 16, 2010

Angang Seeks to Buy Sangang in China Steel ConsolidationBloombergTaking over Fujian Sangang may boost Angang New's output to 42.79 million tons, surpassing Hebei Iron & Steel Group as the nation's largest steel producer. …and more &r…

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ArcelorMittal details stainless steel spinoff; restructuring plan – Platts

December 16, 2010

Your Industry News (press release)ArcelorMittal details stainless steel spinoff; restructuring planPlattsThe newly independent unit will have an annual production capacity of 2.5 million mt of stainless steel in Europe and Brazil, operating in high val…

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Dylan Ratigan, MSNBC’s Man of Steel – mediabistro.com

December 16, 2010

mediabistro.comDylan Ratigan, MSNBC's Man of Steelmediabistro.comNucor's sponsorship, currently limited to Ratigan's “Steel on Wheels” bus tour, could expand, he says, and may eventually be added to the title. …MSNBC show will broadca…

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Mesabi Trust Shares Plunged: What You Need to Know

December 16, 2010
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Nucor expects 4Q loss of 10 to 15 cents per share

December 16, 2010

[AP] – Steel maker Nucor Corp. expects to lose money in the fourth quarter as material costs rose and demand from construction markets remained weak.

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