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Stock Market & Financial Investment News

News Breaks
November 27, 2012
19:55 EDTX, MT, CLF, PKX, STLD, NUEGlobal steel production capacity exceeds orders taken, WSJ reports
Global steel mills have the capacity to produce 1.8B tons of steel annually, but will only take orders for 1.5B tons of steel this year, and it is expected that by 2016 an additional 100 new mills with a total production capacity of 350M tons will be operable, according to a Wall Street Journal report. The report notes that the world's five biggest steel companies control just 18.2% of the world's supply, compared to 50.6% in the auto industry, and that government-backing of many steel mills has made consolidation difficult for steel majors. Reference Link
News For PKX;MT;NUE;CLF;X;STLD From The Last 14 Days
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February 23, 2015
07:45 EDTSTLDSteel Dynamics remains a Best Idea at Morgan Stanley
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07:40 EDTCLF, NUEBMO Capital to hold a conference
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February 18, 2015
07:17 EDTCLFCliffs Natural finalizes energy agreement with We Energies in U.P. of Michigan
Cliffs Natural (CLF) has finalized an interim power agreement with Wisconsin Energy's (WEC) utility energy segment We Energies for its Michigan operations. The company stated that this is "one key step in a series of contemplated short and long-term agreements that are essential to the viability of its iron ore mines in the Upper Peninsula".
February 17, 2015
10:29 EDTMTHigh option volume stocks
High option volume stocks: RDSA JACK WUBA MT JAKK VDSI ECL ENR AVG NWBO

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