Industry News

3/8/2007 6:12:01 AM
Sector Snap: Steel Stocks Strengthen
Shares of Steel Producers Rise As Broader Market Rebounds, Analyst Offers Bullish Outlook

3/4/2007 10:59:54 PM
Iran’s steel production, exports growing
TEHRAN, March 4 (MNA) – Iran’s raw steel production and exports are on the rise but the upward trend mostly gained momentum during the 90s.

2/27/2007 6:33:26 AM
Mississippi backs steel mill for Alabama
By PHILLIP RAWLS THE ASSOCIATED PRESS MONTGOMERY, Ala. - The competition between Louisiana and Alabama for 2,700 steel-making jobs became more intense Monday, with the Alabama Legislature starting work on a $400 million incentives package and Louisiana's governor courting company officials in Germany.

2/27/2007 6:32:53 AM
China's iron & steel industry posts record profit in 2006
Beijing (ANTARA News/Asia Pulse) - China's iron and steel industry reaped record profit of 169.95 billion yuan (US$22 billion) in 2006, surging more than 30 per cent year on year, figures from the China Iron and Steel Industry Association show.

2/25/2007 9:23:38 AM
Steel industry asks for freight rationalisation
Raipur, Feb 25 (IANS) The otherwise booming Indian steel industry, plagued by substantial hikes in freight of iron ore during the past couple of years, has asked Railway Minister Lalu Prasad to "work on freight rationalization, better services and quality" in the Railway Budget to be presented on Feb 26.

2/23/2007 6:27:12 AM
Structural Steel Industry Projects Continued Growth in 2007
Demand for structural steel on construction projects in the United States will continue to grow in 2007, according to industry forecasts. The American Institute of Steel Construction (AISC) projects a growth in tonnage demand for structural steel of 2% in 2007.

2/22/2007 12:02:04 PM
U.S. Steel to pay $350,000 for pollution in Detroit River
By JOHN FLESHER - AP Environmental Writer RIVER ROUGE, Mich. -- United States Steel Corp. has agreed to pay $350,000 in civil fines and costs in a deal with the state of Michigan aimed at stopping zinc and ammonia pollution of the Detroit River from a company mill.

2/22/2007 12:00:00 PM
India's steel industry steps onto world stage
By Anuj Chopra, Correspondent of The Christian Science Monitor There was much jubilation in India when the Tata Group, an Indian conglomerate, won a bid late last month for the Corus Group, an Anglo-Dutch steel firm. The deal catapulted the new global entity to become the world's fifth-largest steel firm.