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Sumitomo Metal Industries Gains on Higher Net Outlook
12.25.2008 | -- admin

By Dave McCombs

Oct. 31 (Bloomberg) -- Sumitomo Metal Industries Ltd., Japan's third-biggest steelmaker, climbed for a fourth day after the company raised its full-year profit forecast by 16 percent, citing strong sales of high-grade

JSW Steel Delays Expansion of U.S. Pipe Mill as Oil Price Drops
12.25.2008 | -- admin

By Debarati Roy

Dec. 12 (Bloomberg) -- JSW Steel Ltd., Indias third- biggest steelmaker, will put on hold the expansion of its pipe- making mill in Texas, which it acquired last year, after demand from oil companies slumped. <

Revival of U.S. steel industry offers lessons for automakers
11.26.2008 | -- admin

A few years ago, an industry whose history and mythology were indelible parts of the U.S. identity was dying. The great steel mills of Pennsylvania and the Midwest had literally built the United States, but the twin burdens o

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