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Global, China steel output growth sluggish
LONDON (Reuters) - Global and Chinese crude steel production growth was sluggish in April as steelmakers adjusted their output to weaker demand and falling prices in what should be the most active period of the year, data from an industry body showed. Global steel production rose by only 1.2 percent in April compared with the same month last year, to 128 million tonnes, according to data ...
Read more...RG Steel:Considering All Options, Including Asset Sales
RG Steel is exploring "strategic initiatives," including the potential sale of one or more of its operations, a spokeswoman for the closely held steelmaker confirmed Monday.
Read more...Reliance Steel Raised to Outperform
We are upgrading our recommendation on Reliance Steel following its solid first-quarter 2012 results.
Read more...RG Steel eyeing asset sales, spokeswoman confirms
A spokeswoman for RG Steel says the company is considering selling steel mills in three states, including the Sparrows Point plant outside Baltimore.
Read more...India's Tata Steel Q4 net profit dives 90 percent
India's Tata Steel, the world's seventh-largest steelmaker, said Friday quarterly net profit plunged 90 percent from a year earlier, hit by high input costs and falling demand in its key European market.
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