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Metals
Severstal announces agreement to acquire WCI Steel in US
Russian steelmaker Severstal Friday announced that it has reached a binding agreement to purchase WCI Steel, which operates a 1.3 million st/year integrated steel mill in Warren, Ohio. WCI produces...More...
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Gold prices soar to record levels as rally continues
The gold market has started the new year in a bullish mood just Gold market analysisas it closed out the old year. COMEX gold settled above $900/oz for the first time in history on January 14, as the rally in precious metals continues. More...

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Steel Markets DailyUS weekly steel output rises 1.8% to 2.136 million st
US raw steel production increased 1.8% to 2.136 million st in the week ended May 10, the American Iron and Steel Institute reported May 12. The weekly gain followed a production decline of 0.9% in the prior week ended May 3. More...
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