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May 31, 2008
Washington, D.C. ¨C Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 2,944,000 net tons (NT) of steel in April 2008, including 2,194,000 NT of finished steel

May 31, 2008
European steelmakers called Friday for EU regulators to block BHP Billiton Ltd’s takeover of mining rival Rio Tinto PLC, saying the deal would allow a new iron giant to fix prices for steel’s key raw material.

May 30, 2008
European steelmakers called Friday for EU regulators to block BHP Billiton Ltd’s takeover of mining rival Rio Tinto PLC, saying the deal would allow a new iron giant to fix prices for steel’s key raw material.

May 24, 2008
MUMBAI: Share prices of Tata Steel, India’s biggest steelmaker, fell marginally by 1.49 percent even as Goldman Sachs Group Inc had raised its rating from neutral to buy the other day.

May 24, 2008
OAO Severstal announced that it has reached agreement to purchase up to a 61.5% stake in African Iron Ore Group Ltd which owns, through subsidiaries the exploration rights for an iron ore deposit at Putu Range area in Liberia.

May 22, 2008
EU prices continue to increase. The mills are insisting that they must go up again in period three to reflect the rising costs of production. The initiatives are likely to be accepted due to a lack of any competitively priced alternatives.

May 22, 2008
Steelmakers are confident they can meet the expected increase in demand for their products in the post-quake reconstruction work.

May 20, 2008
Beijing plans to reduce the huge iron ore stocks at Chinese ports to curb soaring freight rates, which are hampering 2008 price negotiations with Australian mines, the official Shanghai Securities News said on Tuesday.


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