General Steel Holdings, Inc. Announces Authorization for Listing on the NYSE

July 28, 2008 Category: Lead, Mining Stock, Steel & Iron

General Steel Holdings, Inc., one of China’s leading non-state owned steel product producers, announced today that it has received authorization to list its common stock on the NYSE and anticipates that its shares of common stock will begin trading on the NYSE on August 8, 2008, under its existing... Read more..

Harsco Receives $60 Million Contract for On-site Environmental Services to Steel Plant

July 26, 2008 Category: Lead, Steel & Iron

Worldwide industrial services company Harsco Corporation (NYSE:HSC) announced that its worldwide mill services division has been awarded a new ten-year contract valued at more than $60 million over its duration to provide on-site environmental services to ArcelorMittal’s massive Dunkirk steel works... Read more..

TIN PRICE CRASHED DOWN TO US$22,540 PER TONNE

July 26, 2008 Category: Aluminium, Copper

As reported by the media that the Tin price on the Kuala Lumpur Tin Market (KLTM) fell sharply by US$655 to US$22,540 per tonne today following a steep downtrend on the London Metal Exchange (LME), dealers said. They said expectations of a weaker economic growth has reduced demand for industrial metals,... Read more..

Gerdau Ameristeel Appoints Rick J. Mills to Board of Directors

July 19, 2008 Category: Lead, Steel & Iron

Gerdau Ameristeel, a leading mini-mill steel producer, today announced the appointment of Rick J. Mills, former Corporate Vice President of Cummins, Inc., to its Board of Directors. With more than 30 years of experience in global business development within the manufacturing industry, Mills’ broad... Read more..

BE Group is Reporting Its Best Quarter Ever

July 17, 2008 Category: Aluminium, Lead, Mining Stock, Steel & Iron

BE Group (STO:BEGR) showed sustained strong performance. Buoyed by robust demand and rising prices for commercial steel, the company is reporting its best second-quarter earnings ever. · Net sales rose 2.1% in the second quarter compared to Q2 2007, to SEK 2,116M (2,073). Shipped tonnage increased by... Read more..

Sterlite and Unions Reach Agreement On Terms Of Collective Bargaining Agreement For Asarco Llc

July 11, 2008 Category: Copper, Lead

The unions representing the workers of ASARCO LLC (“ASARCO”), and Sterlite Industries (India) Limited (“Sterlite”) (NYSE:SLT), a subsidiary of Vedanta Resources plc and a party to an agreement to acquire substantially all assets of ASARCO, jointly announced today that they have reached agreement... Read more..

Harsco Enters India With New Access Services Contracts

July 6, 2008 Category: Lead, Steel & Iron

Worldwide industrial services company Harsco Corporation announced that it has secured a new contract with global steel producer Tata Steel to provide rental scaffolding throughout a two-year plant maintenance cycle at Tata’s state-of-the-art Jamshedpur steel works in northeastern India. The contract,... Read more..

Terra Nostra Anticipates Strong Demand and High Prices for Stainless Steel in China

July 6, 2008 Category: Copper, Lead, Steel & Iron

Terra Nostra Resources Corporation a majority owner of two joint venture companies in the copper and stainless steel industries in China, is pleased to report that, based upon recent industry analysis, it anticipates sustained strong domestic demand for stainless steel in China. “Our focus on the production... Read more..

LS Cable Announces Commencement of US$45.00 Per Share Cash Tender Offer for Superior Essex

July 1, 2008 Category: Aluminium, Copper, Lead

LS Cable Ltd. today announced that LS Cable’s indirect subsidiary, Cyprus Acquisition Merger Sub, Inc., has commenced a tender offer for all the outstanding shares of common stock of Superior Essex Inc. at a purchase price of US$45.00 per share in cash. The transaction implies a total equity value... Read more..

Terra Nostra Chairman of the Board Reports to Shareholders

June 29, 2008 Category: Copper, Lead

Terra Nostra Resources Corporation a majority owner of two joint venture companies in the copper and stainless steel industries in China, is pleased provide all shareholders with this report from Terra Nostra’s Chairman, Mr. Sun Liu James Po, as presented at the Company’s Annual General Meeting held... Read more..

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