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Metals and Mining Stocks on our Radar -- Goldcorp, United States ...
Mon, 22 Dec 2014 14:15:27 GMT
CNNMoneyUnited States Steel Corp.'s shares have gained 2.47% in the previous three trading sessions, while the stock has lost 17.58% in the last one month and 3.08% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of ...and more

One-time economic engine of Australia in deficit as iron ore sinks
Mon, 22 Dec 2014 06:01:18 GMT
iron oreWestern Australia state, once the "economic engine" of Australia, on Monday recorded its first budget deficit in 15 years as royalties from iron ore plummet. Western Australia treasurer Mike ...

Sutor Technology Group Ltd Subsidiary Received New Steel Pipe Processing ...
Mon, 22 Dec 2014 05:15:00 GMT
steel tubeThese products will be used as deep-sea main bridge piping of Pingtan Bridge that is a cross-sea bridge locates in Pingtan County in Fujian Province ... efforts to transform our business by offering steel processing services for customers, in addition ...

China steel production data may mask greater overcapacity - China ...
Mon, 22 Dec 2014 02:48:45 GMT
china flagChina may have been underestimating steel production in recent years, with last year's crude steel output at 822 million tons--over 40 million tons more than official figures, Reuters reported, citing its own calculations and estimates from consultancy ...

Iron ore price estimate cut 33% - Sydney Morning Herald
Mon, 22 Dec 2014 01:46:52 GMT
pricesAustralia cut its iron ore price estimate for next year by 33 per cent as surging output in the world's top exporter outpaces Chinese demand growth, adding to a glut. Prices would average $US63 a tonne, the Department of Industry said on Monday.

Refined lead producers in China's Henan province to cut 2015 output ...
Sun, 21 Dec 2014 23:16:00 GMT
Major refined lead producers in central China's Henan province plan to cut output by between 15% and 30% in 2015 due to falling global lead prices, Qingdao International Nonferrous Metal Exchange ... Refined lead producers in Hunan and Jiangxi provinces ...

Latin America: Finished steel regional production drops -1% in Jan/Oct ...
Sun, 21 Dec 2014 22:02:05 GMT
steel productionFigures for the first ten months of 2014 continue to show that the Latin American steel market is not growing, in line with the regional and global economic deceleration. Regional crude steel production remains in line with same period of 2013 while ...

Steel protectionism stokes price hikes fears
Sun, 21 Dec 2014 18:59:00 GMT
... fees on their imports indicate a possible return to market hegemony for influential steel tycoon and ex-president Hosni Mubarak's strongman Ahmed Ezz. The traders said price hikes that coincided with Ezz''s exit from prison, where he had been ...

Major crisis looms in steel sector
Sun, 21 Dec 2014 17:23:39 GMT
steel industryThe Philippine steel industry is facing a crisis in the making.

Whats up with International Industries
Sun, 21 Dec 2014 15:20:00 GMT
The reason behind the mysterious rise, however, was unveiled last Friday when the company announced the incorporation of its wholly-owned subsidiary IIL Stainless Steel (Pvt.) limited. In this context, IILs board of directors have approved an initial ...

Steel sector: innovating to preserve EU industry
Sun, 21 Dec 2014 08:54:03 GMT
'The steel industry plays a key role in the European economy.

Opencast coal 'crisis'
Sun, 21 Dec 2014 03:27:55 GMT
coalThe Scottish opencast coal industry is facing a renewed crisis that could leave communities and landscapes across Scotland devastated, leading politicians and environmentalists are warning.

Illegal steel imports hurting PSM
Sun, 21 Dec 2014 01:54:00 GMT
KARACHI: Pakistan Steel Mills (PSM) is unable to gain benefit from the slight increase in its production due to arrival of steel products from various illegal channels. Though Blast Furnace no. 2 became operational earlier this week after 15 months of inactivity, the mill is facing serious problems as the steel market is swamped with untaxed,...

Falling steel prices to dent SDI earnings - American Metal Market
Sat, 20 Dec 2014 05:10:51 GMT
American Metal MarketGo. Home Falling steel prices to dent SDI earnings. Falling steel prices to dent SDI earnings. Dec 18, 2014 | 12:18 PM | Michael Cowden. To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free ...

Shougang Steel to see net asset value rise by around RMB 3.4 billion
Sat, 20 Dec 2014 02:15:00 GMT
melt shopOn December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd being listed at ...

Rising Consumer Confidence To Benefit The Steel Industry
Fri, 19 Dec 2014 22:30:02 GMT
Rising consumer confidence leads to high-value purchases such as real estate or automobiles. These sectors are the biggest consumers of steel.

Ryerson President and CEO Michael C. Arnold to Retire in 2015
Fri, 19 Dec 2014 21:30:00 GMT
CHICAGO, Dec. 19, 2014 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading distributor and processor of metals, announced today that President and Chief Executive Officer Michael C. Arnold informed Ryerson's Board of Directors of his intent to retire next year. He has...

AK Steel (AKS) Rises on Q4 Outlook, Shipments to Climb - Analyst ...
Fri, 19 Dec 2014 21:00:09 GMT
AK Steel Holding Corporation (AKS) has announced its guidance for the fourth quarter of 2014.

Important End Consumers Of Steel
Fri, 19 Dec 2014 16:30:22 GMT
The automobile industry is on of the biggest end consumers of steel. It accounts for a quarter of steel consumption in the US.;_ylt=AwrBEiL_8ZdUai4AjXP_wgt.

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