ArcelorMittal (NYSE: MT), the world’s largest steelmaker by volume, has announced a set of moves that are interesting if only because of their variety. First, the company plans to restart ... Read Full Story »
Steelmaker AK Steel Holdings Corp. (NYSE: AKS) reported quarterly earnings today and the results that were better than expected, but earnings per share (EPS) still came in negative. AK Steel ... Read Full Story »
The single most important word in world markets for base metals and steel is “China.” With the slow-motion economic recovery in the global economy, the expected 8% or so growth ... Read Full Story »
Steel-maker Nucor Corp. (NYSE: NUE) released guidance for its first quarter of 2012 that is about 50% less than consensus estimates. The company said that EPS for the first quarter ... Read Full Story »
US coal miner Patriot Coal Corp. (NYSE: PCX) said this morning that it was closing three of its contractor-operated coal mines and two production units in West Virginia “in response ... Read Full Story »