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Italy steel businessman Riva probed for tax evasion -sources
9 hours ago - Reuters - May 22, 2013 2:42 PM
ROME/MILAN, May 22 (Reuters) - Milan prosecutors areinvestigating the chairman of Italian steel group Riva for taxevasion and police have seized 1.2 billion euros of cash from atax haven, judicial sources said on Wednesday.


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Ares hires ex-Blair adviser for Europe deals
10 hours ago - FT - May 22, 2013 1:38 PM
Charles Steel, an ex-Carlyle Group executive, is to become the LA-based fund manager’s first full-time private equity dealmaker for the continent


5

The New 'Man Of Steel' Trailer Is A Creepy Warning Message About Superman
14 hours ago - Business Insider - May 22, 2013 9:55 AM
Warner Bros. is getting creative with its "Man of Steel" ad campaign. Remember the creepy ad for "Man of Steel" back in April?   Warner Bros. just released an extended version of that promo as a new trailer for the Superman film. 



Japan stocks advance, as exporters, steel mills gain; Nikkei Average up 0.6%
1 day ago - MarketWatch - May 21, 2013 8:05 PM
Japan stocks advance, as exporters, steel mills gain; Nikkei Average up 0.6%


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YieldBoost United States Steel From 1.1% To 5.8%
1 day ago - Forbes - May 21, 2013 5:11 PM
Shareholders of United States Steel Corp. (NYSE: X) looking to boost their income beyond the stock's 1.1% annualized dividend yield can sell the January 2015 covered call at the $27 strike and collect the premium based on the $1.49 bid, which an



Steel trader Duferco forced to finance clients as banks withdraw
2 days ago - Reuters - May 21, 2013 6:14 AM
* Duferco, like a bank, must manages exchange, credit risks


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Steel trader Duferco forced to finance clients as banks withdraw
2 days ago - Reuters - May 21, 2013 6:14 AM
* Duferco, like a bank, must manages exchange, credit risks



Steel trader Duferco forced to finance clients as banks withdraw
2 days ago - Reuters - May 21, 2013 6:14 AM
* Duferco, like a bank, must manages exchange, credit risks


3

U.S. Steel, Genomic Health and Other Stocks Insiders Are Buying
4 days ago - Benzinga - May 18, 2013 3:54 PM
Insiders may sell shares for any number of reasons, but conventional wisdom is that insiders really only buy shares of a company for one reason -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs



STXNEWS LATAM-CSN still considering purchase of Thyssen's Steel America unit
5 days ago - Reuters - May 17, 2013 9:04 PM
RIO DE JANEIRO, May 17 (Reuters) - Brazilian steelmaker CSN, or Cia Siderúrgica Nacional SA, is still evaluating the possible purchase of the Steel Americas unit of ThyssenKrupp AG, the company said in a regulatory filing late Friday.



STXNEWS LATAM-CSN still considering purchase of Thyssen's Steel America unit
5 days ago - Reuters - May 17, 2013 9:04 PM
RIO DE JANEIRO, May 17 (Reuters) - Brazilian steelmaker CSN, or Cia Siderúrgica Nacional SA, is still evaluating the possible purchase of the Steel Americas unit of ThyssenKrupp AG, the company said...



STXNEWS LATAM-CSN still considering purchase of Thyssen's Steel America unit
5 days ago - Reuters - May 17, 2013 9:04 PM
RIO DE JANEIRO, May 17 (Reuters) - Brazilian steelmaker CSN, or Cia Siderúrgica Nacional SA, is still evaluating the possible purchase of the Steel Americas unit of ThyssenKrupp AG, the company said in a regulatory filing late Friday.



STXNEWS LATAM-CSN still considering purchase of Thyssen's Steel America unit
5 days ago - Reuters - May 17, 2013 9:04 PM
RIO DE JANEIRO, May 17 (Reuters) - Brazilian steelmaker CSN, or Cia Siderúrgica Nacional SA, is still evaluating the possible purchase of the Steel Americas unit of ThyssenKrupp AG, the company said in a regulatory filing late Friday.



STXNEWS LATAM-CSN still considering purchase of Thyssen's Steel America unit
5 days ago - Reuters - May 17, 2013 9:04 PM
RIO DE JANEIRO, May 17 (Reuters) - Brazilian steelmaker CSN, or Cia Siderúrgica Nacional SA, is still evaluating the possible purchase of the Steel Americas unit of ThyssenKrupp AG, the company said...


3

Week in review, May 18
5 days ago - FT - May 17, 2013 6:55 PM
Tony Hayward returns from the depths; Tata Steel writedown; Google turns up the challenge;



China's daily steel output hit record high in early May-CISA data
6 days ago - Reuters - May 17, 2013 5:13 AM
SHANGHAI, May 17 (Reuters) - China's average daily crudesteel output hit a record high of 2.193 million tonnes in thefirst 10 days of May, up 3 percent from the preceding 10-dayperiod, data from the China Iron & Steel Association (CISA)showed on Frid


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Novolipetsk 1Q Net Profit Falls 78%, Sees Ongoing Challenges
6 days ago - Fox Business - May 17, 2013 3:57 AM
Russian steelmaker Novolipetsk Iron & Steel Corp. (NLMK.RS) said Friday its first-quarter net profit fell 78% on the year earlier to $38 million, noting that challenges in the global steel market remain.



Do You Have Nerves of Steel?
6 days ago - The Motley Fool - May 16, 2013 4:56 PM
Is steel poised for a turnaround?



Steel execs say energy could spur renaissance
6 days ago - MarketWatch - May 16, 2013 4:21 PM
Amid falling steel prices, a “steel renaissance” depends on the development of cost-competitive energy prices, according to steel executives speaking Thursday.



Brazil's CSN sees its average steel price up over 5 pct in Q2
6 days ago - Reuters - May 16, 2013 2:46 PM
SAO PAULO, May 16 (Reuters) - Cia Siderurgica Nacional , Brazil's second-largest producer of flat steel products, expects its average steel price to rise between 5 percent and 8 percent in the second quarter after adjustments in the first quarter, he


8

Aluminum Seen Winning Ground Over Steel, Copper
6 days ago - Fox Business - May 16, 2013 1:15 PM
Aluminum demand is strong despite record-high inventories of the metal, and will be further buoyed in coming years by increased usage in the automotive and aerospace industries, where it is winning ground over steel and copper in a bid to lightweight



Tata Steel: Goodwill hunting
7 days ago - The Economist - May 16, 2013 10:59 AM
WRITE-OFFS of goodwill are confusing. When they happen, companies insist they do not matter. Goodwill is the excess paid for an asset over its book value. Writing it down is a mere accounting adjustment, bosses tend to say. Yet those same bosses go t


5

A Big Shakeup Is Coming In The Manganese Market
7 days ago - Business Insider - May 16, 2013 7:57 AM
It’s not a good time to be a steelmaker — not if you are in Russia, not if you are in China, and certainly not if you are in the US or the European Union. But if mining manganese, the vital steel-hardening alloy, is what you do for a livi


5

Brazil's CSN Sees First-Quarter Net Fall 82% to BRL16.3 Million
7 days ago - Fox Business - May 16, 2013 6:54 AM
Brazilian flat-steel maker Companhia Siderurgica Nacional (SID, CSNA3.BR), or CSN, late Wednesday reported a drop of 82% in its first-quarter net profit, due to the rise of its costs in the period.



UPDATE 1-Most steelmakers oppose subsidies - industry association head
7 days ago - Reuters - May 16, 2013 5:33 AM
* Steel demand to fall in 2013, prices under pressure - Eder


5

In slow steel market, Chinese mills resell iron ore
7 days ago - Reuters - May 16, 2013 12:51 AM
* Mills have resold 2-3 mln T of iron ore in 2 weeks-traders



Banks pull out of EU steel sector, firms seek alternative funds
1 week ago - Reuters - May 15, 2013 10:41 AM
LONDON, May 15 (Reuters) - Banks are withdrawing from Europe's troubled steel sector, putting the survival of even some of the most established industry players at risk and forcing companies to seek alternative funding sources.


3

Banks pull out of EU steel sector, firms seek alternative funds
1 week ago - Reuters - May 15, 2013 10:41 AM
LONDON, May 15 (Reuters) - Banks are withdrawing from Europe's troubled steel sector, putting the survival of even some of the most established industry players at risk and forcing companies to seek alternative funding sources.



Banks pull out of EU steel sector, firms seek alternative funds
1 week ago - Reuters - May 15, 2013 10:41 AM
LONDON, May 15 (Reuters) - Banks are withdrawing from Europe's troubled steel sector, putting the survival of even some of the most established industry players at risk and forcing companies to seek alternative funding sources.


4

Banks pull out of EU steel sector, firms seek alternative funds
1 week ago - Reuters - May 15, 2013 10:41 AM
LONDON, May 15 (Reuters) - Banks are withdrawing fromEurope's troubled steel sector, putting the survival of evensome of the most established industry players at risk andforcing companies to seek alternative funding sources.



Banks pull out of EU steel sector, firms seek alternative funds
1 week ago - Reuters - May 15, 2013 10:41 AM
LONDON, May 15 (Reuters) - Banks are withdrawing from Europe's troubled steel sector, putting the survival of even some of the most established industry players at risk and forcing companies to seek...


22

Thyssen Hit by Write-Down
1 week ago - WSJ - May 15, 2013 7:29 AM
ThyssenKrupp took a hefty write-down on the value of steel plants in Brazil and the U.S. which it has been trying to sell, resulting in awider second-quarter loss.



UPDATE 2-Hopes of Americas sale rise as Thyssen takes writedown
1 week ago - Reuters - May 15, 2013 4:25 AM
* Shares gain 4 pct on hopes of Steel Americas sale (Adds analysts, shares, detail, background)



UPDATE 2-Hopes of Americas sale rise as Thyssen takes writedown
1 week ago - Reuters - May 15, 2013 4:25 AM
* Shares gain 4 pct on hopes of Steel Americas sale (Adds analysts, shares, detail, background)


3

UPDATE 2-Hopes of Americas sale rise as Thyssen takes writedown
1 week ago - Reuters - May 15, 2013 4:25 AM
* Shares gain 4 pct on hopes of Steel Americas sale (Adds analysts, shares, detail, background)



UPDATE 1-China's April crude steel output slips from March record
1 week ago - Reuters - May 15, 2013 4:04 AM
* April iron ore output almost flat to March (Adds details, iron ore output)


13

ThyssenKrupp losses deepen after writedown
1 week ago - FT - May 15, 2013 3:39 AM
Essen-based steel and engineering conglomerate hit by fresh writedown on its network of Americas steel plants that it has been trying to sell



Afghan scrap yards eye unwanted US gear for steel industry
1 week ago - Reuters - May 15, 2013 2:37 AM
KABUL, May 15 (Reuters) - U.S. forces in Afghanistan are hoping that a small steel industry can be born from the mammoth task of withdrawing equipment by the end of next year, jump-starting a scrap trade and injecting cash into local businesses.



Afghan scrap yards eye unwanted US gear for steel industry
1 week ago - Reuters - May 15, 2013 2:37 AM
KABUL, May 15 (Reuters) - U.S. forces in Afghanistan arehoping that a small steel industry can be born from the mammothtask of withdrawing equipment by the end of next year,jump-starting a scrap trade and injecting cash into localbusinesses.


2

China's crude steel output up 6.8 pct on yr in April
1 week ago - Reuters - May 15, 2013 2:34 AM
SHANGHAI, May 15 (Reuters) - China's crude steel outputreached 65.65 million tonnes in April, up 6.8 percent from ayear ago, industry website Custeel said on Wednesday citinggovernment data.



UPDATE 1-ThyssenKrupp posts loss on Steel Americas writedown
1 week ago - Reuters - May 15, 2013 2:05 AM
FRANKFURT, May 15 (Reuters) - German steelmaker ThyssenKrupp took another writedown on its Steel Americas business, which it has been trying to sell, causing an unexpected quarterly loss.



UPDATE 1-ThyssenKrupp posts loss on Steel Americas writedown
1 week ago - Reuters - May 15, 2013 2:05 AM
FRANKFURT, May 15 (Reuters) - German steelmaker ThyssenKrupp took another writedown on its Steel Americas business, which it has been trying to sell, causing an unexpected quarterly loss.



UPDATE 1-ThyssenKrupp posts loss on Steel Americas writedown
1 week ago - Reuters - May 15, 2013 2:05 AM
FRANKFURT, May 15 (Reuters) - German steelmaker ThyssenKrupp took another writedown on its Steel Americas business, which it has been trying to sell, causing an unexpected quarterly loss.



ThyssenKrupp cuts Steel Americas value to 3.4 bln euros
1 week ago - Reuters - May 15, 2013 1:46 AM
FRANKFURT, May 15 (Reuters) - German steelmaker ThyssenKrupp has written down the book value of its Steel Americas business, which it has been trying to sell, to 3.4 billion euros ($4.4 billion) from...



Steel Producers Struggling to Make a Comeback
1 week ago - The Motley Fool - May 14, 2013 3:53 PM
The world's biggest steel makers are beginning to show some signs of life, but the road back to prominence remains a long one in the wake of the worst recession in decades.


1

Tata writedown sparks talk of UK sell-off
1 week ago - FT - May 14, 2013 3:22 PM
The $1.6bn impairment to the value of the Indian company’s European business casts further doubt on the troubled British steel industry’s future



Tenaris: Still Promising
1 week ago - The Motley Fool - May 14, 2013 3:04 PM
Here, I take a look at the global king of seamless steel tubes made for the oil and gas industry. Results were disappointing, but the company has huge potential.


10

Tata Steel Loses Good Will
1 week ago - WSJ - May 14, 2013 9:59 AM
When it comes to splashy deals, India's Tata Group has won one and lost one. Tata Motors' acquisition of Jaguar-Land Rover is a winner, but Tata Steel's purchase of Corus, an Anglo-Dutch steel maker, looks like a dud.


1

European downturn tests Tata’s steel
1 week ago - FT - May 14, 2013 5:54 AM
Little has gone to plan since the Indian group bought Corus in 2007, as its decision to write down $1.6bn of the value of its European assets reveals


8

As European Acquisition Struggles, Tata Takes $1.6 Billion Write-Down
1 week ago - NY Times - May 13, 2013 2:28 PM
Citing the "weaker macroeconomic and market environment in Europe," Tata Steel said that it would take a $1.6 billion write-down, mainly stemming from its acquisition of Corus.