Structural Steel News

New Delhi: Buoyed by rising demand from the construction sector, state-run Steel Authority of India has jacked up prices of long products by up to R3,000 a tonne with effect from February 1. SAIL has increased the price of TMT bars by R 2,500 per tonne to R40,000 a tonne.

Subodh Bhargava, chairman of Viom Networks, has decided to quit, citing his "discomfort about the speed at which the business was growing". Bhargava's decision comes four months after KPMG submitted a forensics and audit report on the company, after allegations of financial irregularities and diversion of funds by a former company official surfaced ... (more)

Man on a Ledge sounds like an intriguing, possibly high-adrenaline heist film. Unfortunately, it goes from toeing the line into ridiculous to diving right into the absurd.

Limestone County commissioners Monday granted Carpenter Technology Corp. more than $8 million in sales-tax breaks over two years and $13.9 million in property-tax abatements over 10 years a This item is available in full to subscribers.

AK Steel Holding Corporation announced that revised energy efficiency standards proposed by the U.S. Department of Energy will not have any major impact on its grain-oriented electrical steels market.

AK Steel Holding 's stock had its "neutral" rating reiterated by Zacks Investment Research in a research report issued to clients and investors on Monday.

Looking at the universe of stocks we cover at Dividend Channel , on 2/8/12, AK Steel Holding Corp.

Steelcraft, a leading provider of custom-engineered steel products, components and systems announced today that it has appointed David Sutherland to its Board of Directors, effective immediately.

Jobs Commodities Automobiles Insurance Real Estate Travel & Tourism Health & Pharma Lifestyle Media Power Telecom Infotech Retail Infrastructure Editor's Picks New Delhi: Tata Group firm Trent Ltd today reported a marginal increase in its net profit for the third quarter ended December 31 at Rs 14.10 crore compared to the same period in the last ... (more)

XI'AN, China, Feb. 6, 2012 /PRNewswire-Asia-FirstCall/ -- China Green Agriculture, Inc.

For traders and speculators, commodities are one place to see large profit gains.

Last month, the Federal Reserve announced it would keep its target for the federal funds rate at "exceptionally low" levels at least through late 2014.A The Fed has maintained its zero interest rate policy since late 2008.A While the loose monetary policy is intended to boost the fragile economy, it is causing serious problems for pension plans.

Tata Motors too has now gone vocal about proposed import duty cut on cars from Europe despite the fact, the Tata Group would stand to benefit if import duties are reduced as Jaguar Land Rover is UK based.

Global industrial solutions company Harsco Corporation today issued a correction to a published news report on the Internet that erroneously reported the Company's involvement in the potential construction and operation of a Balkans-region copper by-products processing plant.

Korea's POSCO, the world's third-biggest steelmaker, reported a smaller-than-expected 33 percent gain in quarterly profit on Friday, but outperformed its Asian peers in a sector buffeted by the euro zone crisis and China's slowing growth.

Better than expected economic numbers along with improving sentiment about the prospects of the global economy helped steel stocks to post strong returns in January.

The equity markets have already shown themselves to be almost as unpredictable in January 2012 as they were for much of last year.

India initiated plans Friday to auction 2G spectrum, a day after the country's Supreme Court ordered licenses and spectrum issued in 2008 to be canceled, as they had been purchased by business entities that manipulated the system.

AK Steel dips after BofA Merrill Lynch cut the shares to Underperform, citing the need for the steelmaker to issue debt or equity soon to support pension and vertical integration costs.

Posco, the world's third-largest steelmaker, reported a 12 percent decline in full-year group profit as the economic slowdown eroded demand and prices for the alloy used in cars, ships and construction.