Topic: Steel and Iron Production
Australia tells Beijing to stay out of iron ore talks
Reuters US Online Report Business News
CANBERRA (Reuters) - Australia on Monday told Beijing to stay out of sensitive iron price talks between Chinese steelmakers and Australian miners amid a report Premier Wen Jiabao had been asked to personally intervene. Some major players in China's steel sector, which produced nearly half the world's steel in ...
Nucor CEO's pay package falls 43 percent
AP News
Nucor CEO's pay package falls 43 percent; performance bonus eliminated in difficult yearAn Associated Press calculation finds that steel maker Nucor Corp. paid its CEO fell 43 percent last year as it eliminated cash bonuses for executives to help it weather the recession. Chairman, President and CEO Daniel R ...
Best ETF for rising iron ore prices
Stockhouse
Companies may still be able to enact 80% price increasesWith the global economy looking poised to rebound, iron ore prices are sure to benefit. In fact, they already are. Iron ore is a key ingredient in the steel making process, so it is no understatement to say that iron ore ...
Severstal posts $162 mln net loss in Q4
AP News
Russian steelmaker Severstal's net loss narrows to $162 million in Q4, sees improvementsRussia's largest steelmaker Severstal on Tuesday posted a $162 million net loss in the fourth quarter of 2009 but signalled confidence in the year ahead. Severstal's loss compares to a larger $1.2 billion loss ...
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