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Dennis, Stevens elected to U.S. Steel board of directors
2014-10-31 15:32:44| Steel - Topix.net
Patricia Diaz Dennis and Robert J. Stevens have been elected to serve on the board of directors for United States Steel Corp., effective Jan. 1 until the company's next annual meeting, which is expected to be held April 28, 2015.
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Top 4 Mid-Cap Stocks In The Steel & Iron Industry With The Highest Profit Margin
2014-10-31 04:09:14| Steel - Topix.net
Below are the top mid-cap steel & iron stocks on the NYSE and the NASDAQ in terms of profit margin. The trailing-twelve-month profit margin at Ternium S.A. is 5.80%.
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In war on smog, struggling China steel mills adapt to survive
2014-10-30 22:16:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Chinese steel mills, among the biggest in the world, are altering their production schedules to offset disruption from forced plant closures aimed at curbing choking air pollution during a summit of world leaders in Beijing next month. The move shows how steel mills in the world's top producer and consumer are adapting to the periodic shutdowns enforced by Beijing. Dozens of steel mills in industrial areas straddling the capital are set to shut from Nov. 1 to cut smog before leaders, including...
U.S. Steel (X) Stock Gains After Company Reports Quarterly Results
2014-10-30 15:52:59| Steel - Topix.net
U.S. Steel reported a loss of $1.42 a share for the quarter. Adjusted for non-recurring costs and asset impairment costs, some related to the reorganization of its Canadian operations, the company had a profit of $2.16 a share, above the $1.17 a share analysts surveyed by Zacks Investment Research expected.
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UPDATE 1-Nippon Steel H1 profit inches up on low iron ore costs
2014-10-30 08:20:18| Steel - Topix.net
Nippon Steel & Sumitomo Metal Corp , Japan's biggest steelmaker, said on Thursday its first-half recurring profit rose 1.5 percent as lower material costs boosted margins and offset appraisal losses on its high-priced stockpiles. The world's No.2 steelmaker by output stuck to its full-year forecast of 400 billion yen in recurring profit, which is pre-tax before one-off items, compared with the 403.77 billion yen mean estimate of 16 analysts polled by Thomson Reuters I/B/E/S.
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