<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Stock Blog Hub &#187; Steel &amp; Iron</title>
	<atom:link href="http://www.stockbloghub.com/category/steel-iron/feed" rel="self" type="application/rss+xml" />
	<link>http://www.stockbloghub.com</link>
	<description>Start Your Investing Research Here!</description>
	<lastBuildDate>Wed, 16 May 2012 17:53:30 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
		<item>
		<title>(SID) Companhia Siderurgica Nacional &#8211; ADR- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/04/20/sid-companhia-siderurgica-nacional-adr-bear-of-the-day-2/98468</link>
		<comments>http://www.stockbloghub.com/2012/04/20/sid-companhia-siderurgica-nacional-adr-bear-of-the-day-2/98468#comments</comments>
		<pubDate>Fri, 20 Apr 2012 17:18:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Companhia Siderurgica Nacional]]></category>
		<category><![CDATA[SID]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=98468</guid>
		<description><![CDATA[Brazilian steel company Companhia Siderurgica Nacional, or CSN (SID) posted satisfactory fourth quarter results with EPADR of roughly 31 cents per share, much above the Zacks Consensus Estimate of 20 cents per share. Despite a few positives, there are a few irrefutable downsides pertaining to the stock of the company at present. These downsides include rising costs of goods sold, presence of serious competition and foreign market fluctuations, which are adversely affecting sales of the company in the clouded fiscal scenario. Earnings estimates for 2012 have decreased on a year over year basis. Thus, we are downgrading shares to an Underperform recommendation from a previous sideline view on the stock at present. Our target price on the stock is $8.50, based on a 2012 P/E multiple of 8.6x. CIA SIDERUR-ADR ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/20/sid-companhia-siderurgica-nacional-adr-bear-of-the-day-2/98468/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PKX) POSCO &#8211; ADR- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/04/05/pkx-posco-adr-bear-of-the-day/97682</link>
		<comments>http://www.stockbloghub.com/2012/04/05/pkx-posco-adr-bear-of-the-day/97682#comments</comments>
		<pubDate>Thu, 05 Apr 2012 17:48:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97682</guid>
		<description><![CDATA[POSCO &#8211; ADR (PKX) reported disappointing financial results in 2011 with the company&#8217;s net earnings falling roughly 12% year over year. Weak margins due to higher raw material costs led to the downfall. Though the company&#8217;s focus on expansion in the fast growing markets, such as graphene and synthetic natural gas, and investments in raw materials should be advantageous, the positive momentum suffers a setback in the near term due to global uncertainty. Steel demand remains soft and lags behind supply, which in turn is hurting prices. Competition is increasing, impeding growth and restricting the stock&#8217;s performance. Thus, we lower our recommendation from Neutral to Underperform with a 6-month target price of $77 per ADR. POSCO-ADR (PKX): Free Stock Analysis Report View original at: Zacks Investment Research &#8211; All Commentary ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/05/pkx-posco-adr-bear-of-the-day/97682/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) Metals &amp; Mining Stock Outlook &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/03/16/mt-metals-mining-stock-outlook-march-2012-industry-outlook/95417</link>
		<comments>http://www.stockbloghub.com/2012/03/16/mt-metals-mining-stock-outlook-march-2012-industry-outlook/95417#comments</comments>
		<pubDate>Fri, 16 Mar 2012 19:19:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[ACH]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Alcoa Inc.]]></category>
		<category><![CDATA[Aluminum Corporation Of China Limited]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=95417</guid>
		<description><![CDATA[About the Industry The Metals &#38; Mining industry encompasses the extraction (mining) as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting for the lion’s share of the output. The largest segment of the global metals market is iron and steel, followed by aluminum. The iron and steel segment comprises more than half the industry in terms of volume. This industry includes metal ore exploration and mining services, as well as iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wire, spring, rolls and bars. The precious metal and mineral industry consists of companies ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/16/mt-metals-mining-stock-outlook-march-2012-industry-outlook/95417/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CMC) Company News for December 20, 2011 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2011/12/20/cmc-company-news-for-december-20-2011-corporate-summary/88962</link>
		<comments>http://www.stockbloghub.com/2011/12/20/cmc-company-news-for-december-20-2011-corporate-summary/88962#comments</comments>
		<pubDate>Tue, 20 Dec 2011 18:11:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[CMC]]></category>
		<category><![CDATA[Commercial Metals Company]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[PG]]></category>
		<category><![CDATA[Procter & Gamble Company]]></category>
		<category><![CDATA[Red Hat Inc.]]></category>
		<category><![CDATA[RHT]]></category>
		<category><![CDATA[SCHN]]></category>
		<category><![CDATA[Schnitzer Steel Industries Inc]]></category>
		<category><![CDATA[WINN]]></category>
		<category><![CDATA[Winn-Dixie Stores Inc.]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=88962</guid>
		<description><![CDATA[•    In a deal worth $560 million, Winn-Dixie Stores Inc. (NASDAQ:WINN) will be sold to supermarket operator Bi-Lo LLC. Following the development, shares of Winn-Dixie soared 70.1% •    A company spokeswoman told Reuters that Procter &#38; Gamble Co. (NYSE:PG) has stopped full-time hiring for this fiscal year •    Schnitzer Steel Industries Inc. (NASDAQ:SCHN) said that weak environment for recycled metals on a global basis will take a toll on its first quarter fiscal 2012 earnings, dragging them lower. The company now expects earnings per share to come in between $0.18 and $0.25 •    Shares of Commercial Metals Company (NYSE:CMC) slid 1.4% after the company declined investor Carl Icahn’s $1.7 billion acquisition bid •    According to British newspaper The Independent, Exxon Mobil Corporation (NYSE:XOM) has offered to acquire U.K.&#8217;s Gulf Keystone ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/12/20/cmc-company-news-for-december-20-2011-corporate-summary/88962/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GGB) Gerdau S.A. &#8211; ADR &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/09/28/ggb-gerdau-s-a-adr-bear-of-the-day-3/84189</link>
		<comments>http://www.stockbloghub.com/2011/09/28/ggb-gerdau-s-a-adr-bear-of-the-day-3/84189#comments</comments>
		<pubDate>Wed, 28 Sep 2011 14:14:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Gerdau S.A.]]></category>
		<category><![CDATA[GGB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=84189</guid>
		<description><![CDATA[Brazilian steelmaker Gerdau S.A.&#8217;s (GGB) second quarter results were rather disappointing as the company&#8217;s EPS of $0.18 plummeted 38% year over year and lagged behind the Zacks Consensus by 14 cents. Results were plagued by higher raw material costs that have been persistently affecting the company&#8217;s financial health. To add to the peril, Gerdau&#8217;s positive momentum gets restricted by the headwinds arising from foreign currency fluctuation, cyclicality of the industry and stiff competition. Thus, we have downgraded our recommendation on the stock from Neutral to Underperform. Gerdau&#8217;s current trailing 12-month earnings multiple is 11.6X, compared with 27.4X for the peer group and 15.9X for the S&#38;P 500. Our $7.75 target price is based on 9.6X 2011 earnings per ADR. GERDAU SA ADR (GGB): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/28/ggb-gerdau-s-a-adr-bear-of-the-day-3/84189/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GGB) Gerdau S.A. &#8211; ADR &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/09/20/ggb-gerdau-s-a-adr-bear-of-the-day-2/83401</link>
		<comments>http://www.stockbloghub.com/2011/09/20/ggb-gerdau-s-a-adr-bear-of-the-day-2/83401#comments</comments>
		<pubDate>Tue, 20 Sep 2011 20:01:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Gerdau S.A.]]></category>
		<category><![CDATA[GGB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83401</guid>
		<description><![CDATA[Brazilian steelmaker Gerdau S.A.&#8217;s (GGB) second quarter results were rather disappointing as the company&#8217;s EPS of $0.18 plummeted 38% year over year and lagged behind the Zacks Consensus by 14 cents. Results were plagued by higher raw material costs that have been persistently affecting the company&#8217;s financial health. To add to the peril, Gerdau&#8217;s positive momentum gets restricted by the headwinds arising from foreign currency fluctuation, cyclicality of the industry and stiff competition. Thus, we have downgraded our recommendation on the stock from Neutral to Underperform. Gerdau&#8217;s current trailing 12-month earnings multiple is 11.6X, compared with 27.4X for the peer group and 15.9X for the S&#38;P 500. Our $7.75 target price is based on 9.6X 2011 earnings per ADR. GERDAU SA ADR (GGB): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/20/ggb-gerdau-s-a-adr-bear-of-the-day-2/83401/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Holding Corporation Adds Surcharge</title>
		<link>http://www.stockbloghub.com/2011/08/09/aks-ak-steel-holding-corporation-adds-surcharge-2/80895</link>
		<comments>http://www.stockbloghub.com/2011/08/09/aks-ak-steel-holding-corporation-adds-surcharge-2/80895#comments</comments>
		<pubDate>Tue, 09 Aug 2011 19:34:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[D]]></category>
		<category><![CDATA[Dominion Resources Inc.]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[Sterling Bancorp]]></category>
		<category><![CDATA[STL]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80895</guid>
		<description><![CDATA[AK Steel Holding Corporation (AKS) added a surcharge of $460 per ton for a broad range of electrical steel products that it produces. This surcharge will be reflected in the invoices of electrical steel products to be shipped in September 2011. The surcharge is calculated on the basis of reported prices for raw materials and energy used to manufacture products coupled with the July 2011 purchase cost. The company stated that previously it told its stainless steel customers that it will change the timing and method of calculation of its stainless steel surcharges, effective with shipments from October 2, 2011. Recently, the company released its results for the second quarter of 2011. AK Steel posted an EPS of 30 cents compared with 24 cents during the year-ago quarter. However, the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/09/aks-ak-steel-holding-corporation-adds-surcharge-2/80895/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Holding Corporation Analyst Assigns Neutral Rating</title>
		<link>http://www.stockbloghub.com/2011/07/11/aks-ak-steel-holding-corporationanalyst-assigns-neutral-rating/78609</link>
		<comments>http://www.stockbloghub.com/2011/07/11/aks-ak-steel-holding-corporationanalyst-assigns-neutral-rating/78609#comments</comments>
		<pubDate>Mon, 11 Jul 2011 15:52:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78609</guid>
		<description><![CDATA[We are maintaining our Neutral recommendation on AK Steel Holding Corporation (AKS). The company recorded first-quarter 2011 EPS of $0.08, beating the year-ago quarter’s $0.02 and striding ahead of the Zacks Consensus Estimate for a loss of a penny. AK Steel expects a strong increase in shipments in the second quarter over the first quarter. The shipments are expected to be in the range of 1,500,000 and 1,550,000 tons. The company also anticipates its average per ton selling price to be 7% higher compared with the first quarter. The operating profit is expected to be approximately $65 per ton for the second quarter of fiscal 2011. We expect the company’s core operating results to be profitable by the second quarter of 2011, as higher carbon steel prices will more than ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/11/aks-ak-steel-holding-corporationanalyst-assigns-neutral-rating/78609/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) VALE S.A. Strengthens Logistics</title>
		<link>http://www.stockbloghub.com/2011/07/07/vale-vale-s-a-strengthens-logistics/78532</link>
		<comments>http://www.stockbloghub.com/2011/07/07/vale-vale-s-a-strengthens-logistics/78532#comments</comments>
		<pubDate>Thu, 07 Jul 2011 17:10:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78532</guid>
		<description><![CDATA[Vale S.A. (VALE) recently announced that the company’s new giant bulk carriers will be manufactured in China and South Korea as the domestic market is already working at full capacity. The company has booked 19 Valemaxes and already received delivery of one carrier. The Brazilian company intends to strengthen its Logistics Services business by reducing the freight costs between Brazil and China, the largest iron ore importer. Moreover, the company&#8217;s shipping strategy will improvise its competitiveness against rival companies Rio Tinto (RIO) and BHP Billiton (BHP). Vale S.A is the world&#8217;s largest producer and exporter of iron ore and pellets. The company primarily engages in the mining and production of ferrous and non-ferrous metals, and aluminum-related operations, primarily in Brazil. The company delivered satisfactory performance during the first quarter of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/07/vale-vale-s-a-strengthens-logistics/78532/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Electric Furnace Damaged</title>
		<link>http://www.stockbloghub.com/2011/07/06/aks-ak-steel-electric-furnace-damaged/78504</link>
		<comments>http://www.stockbloghub.com/2011/07/06/aks-ak-steel-electric-furnace-damaged/78504#comments</comments>
		<pubDate>Wed, 06 Jul 2011 21:23:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78504</guid>
		<description><![CDATA[West Chester, Ohio-based flat-rolled steelmaker, AK Steel Corporation (AKS) announced that its #5 electric arc furnace (EAF) at its Butler, Pennsylvania Works was damaged on July 1, 2011, when molten steel inside the furnace breached the furnace shell harming certain components. Steel production at Butler Works resumed the following day using other electric furnaces at the plant that were not affected by the incident. The company announced that it did not expect customer shipments to be badly affected by the incident.  Examining the root cause being absolutely imperative, the company proposes to carry on with the investigation, while crews begin to repair the furnace and its auxiliary equipment. In April 2011, AK Steel posted its first-quarter results delivering an EPS of 8 cents compared with 2 cents during the year-ago ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/aks-ak-steel-electric-furnace-damaged/78504/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Holding Adds Surcharge</title>
		<link>http://www.stockbloghub.com/2011/07/05/aks-ak-steel-holding-adds-surcharge/78318</link>
		<comments>http://www.stockbloghub.com/2011/07/05/aks-ak-steel-holding-adds-surcharge/78318#comments</comments>
		<pubDate>Tue, 05 Jul 2011 14:22:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78318</guid>
		<description><![CDATA[AK Steel Holding Corporation (AKS) added a surcharge of $455 per ton for a broad range of stainless steel products it produces. This surcharge will be reflected in the invoices of electrical steel products shipped in August 2011. The surcharge is calculated based on reported prices for raw materials and energy used to manufacture products coupled with the June 2011 purchase cost. For second-quarter 2011, management expects shipments to be in the range of 1,500,000 and 1,550,000 tons, indicating a substantial increase over the first-quarter shipments. The company also anticipates its average per-ton selling price to be 7% higher compared with the first quarter. The operating profit is expected to be approximately $65 per ton for the second quarter of fiscal 2011. We believe AK Steel is uniquely positioned to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/05/aks-ak-steel-holding-adds-surcharge/78318/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTL) Mechel OAO 2011 First Quarter Earnings Soar</title>
		<link>http://www.stockbloghub.com/2011/07/01/mtl-mechel-oao-2011-first-quarter-earnings-soar/78138</link>
		<comments>http://www.stockbloghub.com/2011/07/01/mtl-mechel-oao-2011-first-quarter-earnings-soar/78138#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:59:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[Mechel Open Joint Stock Company]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[MTL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78138</guid>
		<description><![CDATA[Russian mining company Mechel OAO (MTL) recorded a net income of $309.1 million in first quarter 2011 comprehensively beating last year’s consolidated net income of $82.6 million, a jump of 274.3% year over year. Revenues in the first quarter 2011 soared 54.4% year over year to $2.9 billion based on the company’s relentless efforts to increase production. Throughout the quarter the company made concerted efforts to enhance the coal production volumes by modernizing production facilities, perfecting the marketing structure, developing new high value-added products and lastly, by implementing strategic investment projects, which strengthened its market position. Operating profits in the reported quarter climbed more than three times the first quarter profit in 2010 and amounted to $448.4 million, compared with the operating income of $147.6 million in the first quarter ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/01/mtl-mechel-oao-2011-first-quarter-earnings-soar/78138/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HSC) Harsco Corporation Wins Contracts From JSW Steel</title>
		<link>http://www.stockbloghub.com/2011/06/26/hsc-harsco-corporation-wins-contracts-from-jsw-steel/77430</link>
		<comments>http://www.stockbloghub.com/2011/06/26/hsc-harsco-corporation-wins-contracts-from-jsw-steel/77430#comments</comments>
		<pubDate>Sun, 26 Jun 2011 17:40:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Harsco Corporation]]></category>
		<category><![CDATA[HSC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77430</guid>
		<description><![CDATA[Harsco Corporation (HSC) has won two major new environmental solutions contracts from JSW Steel Ltd valued at $135 million. The tenure of the contract is 10 years. JSW Steel, a part of O.P. Jindal Group, is acknowledged as one of the largest steel makers in India and lowest cost steel producers in the world. Under the contract, the company’s environmental solutions will support JSW Steel’s Vijayanagar production facility, one of the biggest plants in India, by briquetting and micro-pelletizing iron and steelmaking by-products. Furthermore, JSW intends to recover high-value iron content from by-products, which can be further reprocessed for the manufacture of new steel by leveraging Harsco&#8217;s resource recovery technologies. These operations will be conducted through Harsco India Private Limited, Harsco&#8217;s local joint venture partnership. In March, the company received ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/26/hsc-harsco-corporation-wins-contracts-from-jsw-steel/77430/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Holding To Buy Raw Material</title>
		<link>http://www.stockbloghub.com/2011/06/24/aks-ak-steel-holding-to-buy-raw-material/77358</link>
		<comments>http://www.stockbloghub.com/2011/06/24/aks-ak-steel-holding-to-buy-raw-material/77358#comments</comments>
		<pubDate>Fri, 24 Jun 2011 15:56:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77358</guid>
		<description><![CDATA[With the gradual increase in the iron ore and coking coal prices due to increase in demand, AK Steel Holding Corporation (AKS) might consider obtaining raw material assets from outside. Acquiring pieces and parts of raw materials will help the company in lowering its costs. The profitability of the steel sector is closely tied to the prices of necessary raw materials. Considering the steel industry, these materials include iron ore, coal, coke, oxygen, chrome, nickel, silicon, molybdenum, zinc, limestone, carbon, stainless steel scrap, etc. Depending on the holdings of each firm, drastic changes in the prices of these raw materials can have profound effects on revenues and profits. We believe AK Steel is uniquely positioned to focus on products with high margins. Electrical steel continues to be the company’s strongest ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/24/aks-ak-steel-holding-to-buy-raw-material/77358/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NUE) Nucor Analyst Maintains Neutral on Shares</title>
		<link>http://www.stockbloghub.com/2011/06/23/nue-nucor-analyst-maintains-neutral-on-shares/77229</link>
		<comments>http://www.stockbloghub.com/2011/06/23/nue-nucor-analyst-maintains-neutral-on-shares/77229#comments</comments>
		<pubDate>Thu, 23 Jun 2011 16:15:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77229</guid>
		<description><![CDATA[We maintain our neutral recommendation on Nucor Corporation (NUE) as the company’s focus has been on profitable growth through acquisitions over the past several years. Nucor plans to continue to seek attractive opportunities to acquire businesses, forge joint ventures and make other investments that are complementary to its existing strengths. Realizing the anticipated benefits of acquisitions or other transactions will depend on its ability to operate these businesses and integrate them with its operations and cooperate with its strategic partners. Nucor reported a huge increase in profit to $0.56 per share (excluding special items) for the first quarter of 2011 compared with $0.15 in the same quarter of 2010. The result surpassed the Zacks Consensus Estimate by $0.21 and the company’s own guidance of $0.30 to $0.35. We believe NUE’s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/nue-nucor-analyst-maintains-neutral-on-shares/77229/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SID) Rio Tinto to Buy Tata&#8217;s Riversdale Stake</title>
		<link>http://www.stockbloghub.com/2011/06/23/sid-rio-tinto-to-buy-tatas-riversdale-stake/77232</link>
		<comments>http://www.stockbloghub.com/2011/06/23/sid-rio-tinto-to-buy-tatas-riversdale-stake/77232#comments</comments>
		<pubDate>Thu, 23 Jun 2011 16:14:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[Companhia Siderurgica Nacional]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[SID]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77232</guid>
		<description><![CDATA[Recently, Rio Tinto plc (RIO) received a nod from the Indian Steel major Tata Steel to buy 26% stake in its coal mining company, Riversdale in an open offer of AUD 16.5 per share, or roughly $17.36 per share. The deal is valued at $1.1 billion. The deal is expected to give Rio Tinto full control over the Riversdale coal miner for secure coal assets for Rio’s mining requirements, on the backdrop of rising fuel prices. The transaction is expected to provide significant potential for increasing Rio Tinto’s coal output. Rio won majority control of Riversdale earlier in 2011 with a $3.9 billion bid. The company raised its holding in the African Miner to 73% in April, following a deal with the Brazilian steelmaker, Companhia Siderurgica Naciona (SID) for its 19.9% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/sid-rio-tinto-to-buy-tatas-riversdale-stake/77232/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SID) Companhia Siderurgica Nacional &#8211; ADR- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/06/23/sid-companhia-siderurgica-nacional-adr-bear-of-the-day/77218</link>
		<comments>http://www.stockbloghub.com/2011/06/23/sid-companhia-siderurgica-nacional-adr-bear-of-the-day/77218#comments</comments>
		<pubDate>Thu, 23 Jun 2011 14:07:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Companhia Siderurgica Nacional]]></category>
		<category><![CDATA[SID]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77218</guid>
		<description><![CDATA[We believe Companhia Siderurgica Nacional, or CSN (SID) has rising manufacturing costs, high cyclicality and growing competition in the industry. These remain major growth impediments for the company. In the first quarter of 2011, the company posted EPADR of $0.25, which was well below the Zacks Consensus of $0.40. In the first quarter of 2011, cost of goods sold went up 25.4% year over year, leading to a 3% decline in gross margin. Also, CSN&#8217;s debt levels are escalating, due primarily to funding the company&#8217;s investment plans. Thus, anticipating lack of positive catalysts in the near term, we maintain an Underperform recommendation on the ADR. Our target price of $11.00 is based on 7.8x P/E on the 2011 EPS estimate. CIA SIDERUR-ADR (SID): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/23/sid-companhia-siderurgica-nacional-adr-bear-of-the-day/77218/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) Rio Tinto Plc Ups Stake in Ivanhoe</title>
		<link>http://www.stockbloghub.com/2011/06/22/vale-rio-tinto-plc-ups-stake-in-ivanhoe/77131</link>
		<comments>http://www.stockbloghub.com/2011/06/22/vale-rio-tinto-plc-ups-stake-in-ivanhoe/77131#comments</comments>
		<pubDate>Wed, 22 Jun 2011 21:12:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77131</guid>
		<description><![CDATA[Rio Tinto Plc. (RIO) announced that it is exercising remaining warrants of Ivanhoe Mines Ltd (Ivanhoe) to acquire 55.1 million shares for $502 million or $9.10 per share. Subsequent to the acquisition, the company will increase its holdings in Ivanhoe to 46.5%, up from 42%. Rio Tinto’s will also obtain the right to appoint an additional director to Ivanhoe’s board of 14 members and consequently, will be able to exercise 50% influence on Ivanhoe’s directors. Furthermore, the company has an option to increase its stake in Ivanhoe to 49% by January 18, 2012. The deal is related to the agreement between the companies entered last year, whereby Rio Tinto agreed to convert the warrants to shares by January 2012 for the ongoing development of Oyu Tolgoi. Based in Mongolia, Oyu ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/vale-rio-tinto-plc-ups-stake-in-ivanhoe/77131/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(STLD) Why Investors Shouldn’t Ignore the Steel Industry</title>
		<link>http://www.stockbloghub.com/2011/06/22/stld-why-investors-shouldn%e2%80%99t-ignore-the-steel-industry/77149</link>
		<comments>http://www.stockbloghub.com/2011/06/22/stld-why-investors-shouldn%e2%80%99t-ignore-the-steel-industry/77149#comments</comments>
		<pubDate>Wed, 22 Jun 2011 21:08:31 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[Market Vectors Steel ETF]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[SLX]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77149</guid>
		<description><![CDATA[by Marc Lichtenfeld, Senior Analyst, Investment U Wednesday, June 22, 2011: Issue #1540 While most investors are focused on precious metals, I prefer to look for investment opportunities in markets less traveled. Sure, precious metals are still wildly popular – or not popular enough – depending on who you ask. And they’re always in the mainstream consciousness. Either the dollar is going to be worthless and gold and silver will be the only true stores of value, or precious metals are in a bubble and will correct to more reasonable levels. Again, it depends who you ask. But there’s another type of metal that I have my eye on. It’s one that hasn’t enjoyed the kind of run-up that gold and silver had recently. Steel, and the companies that make ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/22/stld-why-investors-shouldn%e2%80%99t-ignore-the-steel-industry/77149/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) Vale S.A.&#8217;s Potash Project Suspended</title>
		<link>http://www.stockbloghub.com/2011/06/20/vale-vale-s-a-s-potash-project-suspended/76787</link>
		<comments>http://www.stockbloghub.com/2011/06/20/vale-vale-s-a-s-potash-project-suspended/76787#comments</comments>
		<pubDate>Mon, 20 Jun 2011 16:16:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76787</guid>
		<description><![CDATA[The Rio Colorado potash mine development project of Brazilian miner, Vale S.A. (VALE), has been suspended by the government of the Argentine province of Mendoza. The suspension, according to the Mendoza government authority, is solely due to Vale’s lack of compliance with the local labor law and insufficient information provided with respect to the investment plan. The government of Mendoza, a far western province of Argentina, needed a series of data on issues such as the buying of local goods and hiring of local workers. Such database is required by the government to control and verify the actual compliance with that of the agreed requirements. Earlier in 2011, before the final suspension, the government of Mendoza has already complained and warned Vale against its failure to hire 75% of the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/20/vale-vale-s-a-s-potash-project-suspended/76787/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PKX) POSCO Analyst Maintains Neutral Rating on Shares</title>
		<link>http://www.stockbloghub.com/2011/06/19/pkx-posco-analyst-maintains-neutral-rating-on-shares/76696</link>
		<comments>http://www.stockbloghub.com/2011/06/19/pkx-posco-analyst-maintains-neutral-rating-on-shares/76696#comments</comments>
		<pubDate>Sun, 19 Jun 2011 17:30:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[Canadian Superior Energy Inc]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[SNG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76696</guid>
		<description><![CDATA[We currently maintained our Neutral recommendation on South Korean steelmaker POSCO (PKX). POSCO is the world’s third largest steelmaker on the basis of output. The company primarily manufactures steel for the shipping and construction industries and operates through its two steel production facilities, the Pohang Works and the Gwangyang Works. POSCO is in a position to reap the benefits from its wide regional diversification, self-sufficiency in raw materials and higher proportion of value-added products in its product mix over the longer term. According to the World Steel Association, global steel demand will grow by 6% in both 2011 and 2012 due to continued growth in demand from the emerging markets. The company is also branching off into fast-growing industries like graphene and synthetic natural gas. Recently, POSCO announced that it ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/19/pkx-posco-analyst-maintains-neutral-rating-on-shares/76696/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTL) Mechel OAO Halts Mine Operations</title>
		<link>http://www.stockbloghub.com/2011/06/19/mtl-mechel-oao-halts-mine-operations/76670</link>
		<comments>http://www.stockbloghub.com/2011/06/19/mtl-mechel-oao-halts-mine-operations/76670#comments</comments>
		<pubDate>Sun, 19 Jun 2011 17:29:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[Mechel Open Joint Stock Company]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[MTL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76670</guid>
		<description><![CDATA[Russian mining company, Mechel OAO (MTL) temporarily halted operations at its Sibirginskaya mine due to high gas levels in a mined-out area. Mining works at the site were halted and all miners returned to the surface. Luckily, no carbon monoxide was detected in the long wall 3-1-9&#8242;s active mine-working. The mine&#8217;s experts are working on the way to liquidate the source of self-heating. The mine&#8217;s entire production infrastructure, including transport, ventilation, pumps, power facilities, tunneling faces and active mine-working areas are operational and safe. The date when mining is resumed will be determined once the project of liquidating the source of self-heating is complete. The company will not suffer much losses as the mine&#8217;s storages hold enough coal for the company to meet all its contractual obligations. Halting the mine&#8217;s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/19/mtl-mechel-oao-halts-mine-operations/76670/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) Heavy Metal Earnings Surge</title>
		<link>http://www.stockbloghub.com/2011/06/17/aks-heavy-metal-earnings-surge/76586</link>
		<comments>http://www.stockbloghub.com/2011/06/17/aks-heavy-metal-earnings-surge/76586#comments</comments>
		<pubDate>Fri, 17 Jun 2011 14:51:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[Olympic Steel Inc.]]></category>
		<category><![CDATA[Universal Stainless & Alloy Products Inc]]></category>
		<category><![CDATA[USAP]]></category>
		<category><![CDATA[ZEUS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76586</guid>
		<description><![CDATA[No less than five steel stocks currently carry the esteemed Zacks #1 Rank (strong buy) this week. And four of the five have been there for over a month. In the list below, the first three are classified as standard producers and occupy a Zacks Industry Rank of 163, near the bottom of the Neutral category. The last two names are considered &#8220;specialty&#8221; steel companies and their industry grouping holds the 26th spot, making it very worthy of attention. AK Steel (AKS): Zacks #1 Rank since April 1, largely because consensus earnings estimates have risen in the last 90 days from $0.84 to $1.26 for this year, and from $1.46 to $1.87 for 2012. Olympic Steel (ZEUS): Zacks #1 Rank since May 10, due to analyst estimate revisions in the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/17/aks-heavy-metal-earnings-surge/76586/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PKX) POSCO Offers Korea First Synthetic Natural Gas Plant</title>
		<link>http://www.stockbloghub.com/2011/06/16/pkx-posco-offers-korea-first-synthetic-natural-gas-plant/76484</link>
		<comments>http://www.stockbloghub.com/2011/06/16/pkx-posco-offers-korea-first-synthetic-natural-gas-plant/76484#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:26:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[Canadian Superior Energy Inc]]></category>
		<category><![CDATA[Cheniere Energy Inc]]></category>
		<category><![CDATA[LNG]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[SNG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76484</guid>
		<description><![CDATA[Korean steel producer POSCO (PKX) is on its way to giving Korea its first synthetic natural gas (SNG) plant by the end of year 2013. The company commenced construction of the plant on June 7 at Gwangyang Steelworks. POSCO E&#38;C will be responsible for the construction of the SNG plant with an annual production capacity of 500,000 tons. The plant, which is going to be a secured source of energy for the region, will be constructed using environment friendly technologies. Synthetic natural gas is a new alternative to Liquid Natural Gas (LNG), prepared by gasifying low-cost coal at high pressure and temperature and, subsequently, purified. This product, serving as a welcome substitute, opens up new avenue to restrict annual import of LNG worth KRW 200 billion in Korea. We believe ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/pkx-posco-offers-korea-first-synthetic-natural-gas-plant/76484/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Cliffs Natural Resources Sells Unit</title>
		<link>http://www.stockbloghub.com/2011/06/10/clf-cliffs-natural-resources-sells-unit/74495</link>
		<comments>http://www.stockbloghub.com/2011/06/10/clf-cliffs-natural-resources-sells-unit/74495#comments</comments>
		<pubDate>Fri, 10 Jun 2011 17:18:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[CNX]]></category>
		<category><![CDATA[CONSOL Energy Inc]]></category>
		<category><![CDATA[Massey Energy Company]]></category>
		<category><![CDATA[MEE]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74495</guid>
		<description><![CDATA[Freewest Resources Canada Inc., a wholly owned subsidiary of Cliffs Natural Resources Inc. (CLF) entered into an agreement to sell its two mineral properties to Viking Gold Exploration Inc. (TSXV:VGC), subject to the approval of the TSX Venture Exchange and certain other closing conditions. As per the agreement, Viking Gold would purchase 70% interest in a Verneuil property comprising 44 claims in Verneuil Township, in the Abitibi region of Quebec, and 100% of the Larose property including 16 claims in Moss Township in northwestern Ontario. Verneuil is subject to an existing 1% Net Smelter Royalty and Larose to a 3% Net Smelter Royalty. The agreement calls for Viking Gold to issue 1,000,000 common shares from treasury and grant a Net Smelter Royalty of 0.5% on both properties to Freewest, in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/10/clf-cliffs-natural-resources-sells-unit/74495/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Cliffs Natural Resources Restarts Mining at Oak Grove</title>
		<link>http://www.stockbloghub.com/2011/05/10/clf-cliffs-natural-resources-restarts-mining-at-oak-grove/73798</link>
		<comments>http://www.stockbloghub.com/2011/05/10/clf-cliffs-natural-resources-restarts-mining-at-oak-grove/73798#comments</comments>
		<pubDate>Wed, 11 May 2011 03:36:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[CLM]]></category>
		<category><![CDATA[CNX]]></category>
		<category><![CDATA[CONSOL Energy Inc]]></category>
		<category><![CDATA[Cornerstone Strategic Value Fund Inc]]></category>
		<category><![CDATA[Massey Energy Company]]></category>
		<category><![CDATA[MEE]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73798</guid>
		<description><![CDATA[Cliffs Natural Resources Inc. (CLF) announced that it has resumed underground mining at its Oak Grove coal mine in Alabama but was not  able to ship coal from the site because of damage to the above-ground facilities. On April 27, 2011, severe weather and a tornado had snapped power and damaged the mine’s preparation plants, resulting in the shutdown of the mine. Due to the severe damage to the mine, the company is evaluating the damage to the preparation plant, the impact on its full-year outlook and how soon it can safely bring it back into production to meet the customers&#8217; needs. Cliffs has donated $100,000 to the American Red Cross for tornado relief efforts in the Birmingham area and will also provide $100,000 collectively to various local organizations that ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/10/clf-cliffs-natural-resources-restarts-mining-at-oak-grove/73798/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Cliffs Natural Resources Reports Excellent First Quarter</title>
		<link>http://www.stockbloghub.com/2011/05/03/clf-cliffs-natural-resources-reports-excellent-first-quarter/72797</link>
		<comments>http://www.stockbloghub.com/2011/05/03/clf-cliffs-natural-resources-reports-excellent-first-quarter/72797#comments</comments>
		<pubDate>Tue, 03 May 2011 18:47:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[CNX]]></category>
		<category><![CDATA[CONSOL Energy Inc]]></category>
		<category><![CDATA[Massey Energy Company]]></category>
		<category><![CDATA[MEE]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72797</guid>
		<description><![CDATA[Amidst seasonally slow quarter, Cliffs Natural Resources Inc. (CLF) posted record revenues and earnings in the first quarter of 2011. Net earnings of $423 million or $3.11 per share in the first quarter were 449%, above last year’s $77 million or 57 cents. Earnings surpassed the Zacks Consensus Estimate of $2.25 per share. Quarterly revenues came in at $1.2 billion, up 63% year over year. The increase was driven by several factors, including higher pricing in each of Cliffs&#8217; business segments and the favorable effect of Cliffs&#8217; previously disclosed negotiated settlement with ArcelorMittal USA Inc. Operating income in the quarter increased 377% year over year to $541 million. Segment Performance North American Iron Ore: Due to shipping constraints on the Great Lakes, Cliffs&#8217; North American Iron Ore business is seasonally ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/clf-cliffs-natural-resources-reports-excellent-first-quarter/72797/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Holding Corporation Adds Surcharge</title>
		<link>http://www.stockbloghub.com/2011/05/03/aks-ak-steel-holding-corporation-adds-surcharge/73004</link>
		<comments>http://www.stockbloghub.com/2011/05/03/aks-ak-steel-holding-corporation-adds-surcharge/73004#comments</comments>
		<pubDate>Tue, 03 May 2011 18:29:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73004</guid>
		<description><![CDATA[AK Steel Holding Corporation (AKS) added a surcharge of $435 per ton to invoices for electrical steel products shipped in June 2011. The surcharge is calculated based on reported prices for raw materials and energy used to manufacture products coupled with the April 2011 purchase cost used to determine the June 2011 surcharges. Recently, AK Steel also posted its first-quarter results delivering an EPS of 8 cents compared with 2 cents during the year-ago quarter and striding ahead of the Zacks Consensus Estimate of a loss of a cent. Net sales as reported by the company were $1,581.1 million on the shipments of 1,423,100 tons versus $ 1,405.7 million and 1,385,800 tons in the prior-year quarter. It however, missed the Zacks Estimate of $1,609 million. The improvement in the shipments ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/aks-ak-steel-holding-corporation-adds-surcharge/73004/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) ArcelorMittal to Acquire KazStroyServices</title>
		<link>http://www.stockbloghub.com/2011/05/03/mt-arcelormittal-to-acquire-kazstroyservices/73010</link>
		<comments>http://www.stockbloghub.com/2011/05/03/mt-arcelormittal-to-acquire-kazstroyservices/73010#comments</comments>
		<pubDate>Tue, 03 May 2011 18:24:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73010</guid>
		<description><![CDATA[Steel giant, ArcelorMittal (MT) is close to buying KazStroyServices Ltd, a Kazakhastan-based engineering, procurement and construction (EPC) company. The company has presence in Kazakhstan, India, Turkmenistan and West Asia and primarily builds oil and gas pipelines and refineries. ArcelorMittal is buying the company in its personal capacity. KSS owns 52.47% stake in India’s Petron Engineering Construction Limited (PECL), listed on the Bombay Stock Exchange. It has a market capitalization of around Rs 319 crores. The deal is expected to be finalized and announced in about a month and after that, there would be an open offer for the Indian shareholders. Currently, KSS owns 52.22% stake through Petron Investments Pvt Ltd and another 0.13% through KazStroy Engineering (UK) Ltd. ArcelorMittal is expected to announce its first-quarter 2011 results on May 11, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/mt-arcelormittal-to-acquire-kazstroyservices/73010/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) Stock Market News for April 20, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/04/20/aks-stock-market-news-for-april-20-2011-market-news/71975</link>
		<comments>http://www.stockbloghub.com/2011/04/20/aks-stock-market-news-for-april-20-2011-market-news/71975#comments</comments>
		<pubDate>Wed, 20 Apr 2011 21:36:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[CMC]]></category>
		<category><![CDATA[Commercial Metals Company]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[JNJ]]></category>
		<category><![CDATA[Johnson & Johnson]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware Inc.]]></category>
		<category><![CDATA[X]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
		<category><![CDATA[YHOO]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71975</guid>
		<description><![CDATA[On Tuesday, markets ended with modest gains as an earnings-driven trading day witnessed positive results and sentiments were boosted by strong results from bellwether stocks. Earnings reports of healthcare stocks helped push the markets higher aided by steel stocks. Tech majors such as IBM and Intel also posted encouraging results surpassing estimates. Encouraging data reflecting strengthening new-home construction added to the cheer. The indices rebounded on Tuesday and the Dow Jones Industrial Average gained 0.5% to close at 12,266.75. The Standard &#38; Poor 500 Index gained 0.6% and ended at 1,312.62, just 2.50 points lower than its 50-day moving average. The Nasdaq closed at 2,744.97 after gaining 0.4%. The fear-gauge CBOE Volatility Index (VIX) dropped below 16. On the New York Stock Exchange, for every two advancing shares, one stock ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/20/aks-stock-market-news-for-april-20-2011-market-news/71975/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Cliffs Natural Resources Settles Dispute with ArcelorMittal</title>
		<link>http://www.stockbloghub.com/2011/04/13/clf-cliffs-natural-resources-settles-dispute-with-arcelormittal/71177</link>
		<comments>http://www.stockbloghub.com/2011/04/13/clf-cliffs-natural-resources-settles-dispute-with-arcelormittal/71177#comments</comments>
		<pubDate>Wed, 13 Apr 2011 16:38:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[BTU]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[CNX]]></category>
		<category><![CDATA[CONSOL Energy Inc]]></category>
		<category><![CDATA[Massey Energy Company]]></category>
		<category><![CDATA[MEE]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Peabody Energy Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71177</guid>
		<description><![CDATA[North America’s largest iron-ore producer,Cliffs Natural Resources Inc. (CLF), reached an agreement with steel giant ArcelorMittal (MT) to settle disputes over price reopener entitlements for 2009 and 2010 and pellet. Cliffs will get a payment of around $250 million to $270 million after reaching an agreement with ArcelorMittal. In addition, as part of the settlement, Cliffs and ArcelorMittal have agreed to replace the previous pricing mechanism with a world market-based pricing mechanism beginning in 2011 and through the remainder of the contract for one of the iron ore supply agreements that Cliffs has with ArcelorMittal. As a result of the new pricing feature, going forward, the parties also agreed to forgo future price reopeners. Earlier in January 2011, Cliffs agreed to buy Canada’s Consolidated Thompson Iron Mines Ltd. for about ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/clf-cliffs-natural-resources-settles-dispute-with-arcelormittal/71177/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) Steel Industry Outlook &#8211; March 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/03/24/mt-steel-industry-outlook-march-2011-industry-outlook/69604</link>
		<comments>http://www.stockbloghub.com/2011/03/24/mt-steel-industry-outlook-march-2011-industry-outlook/69604#comments</comments>
		<pubDate>Thu, 24 Mar 2011 14:05:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69604</guid>
		<description><![CDATA[The global Steel industry is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with projected crude steel production of 90.6 million tons in 2011. Steel products can be classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets, and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. Historically, the automotive and construction markets have remained the largest consumers of steel, absorbing more than half of total steel produced. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/24/mt-steel-industry-outlook-march-2011-industry-outlook/69604/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Stock Market News for March 18, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/18/clf-stock-market-news-for-march-18-2011-market-news/69110</link>
		<comments>http://www.stockbloghub.com/2011/03/18/clf-stock-market-news-for-march-18-2011-market-news/69110#comments</comments>
		<pubDate>Fri, 18 Mar 2011 19:24:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[GES]]></category>
		<category><![CDATA[Guess? Inc.]]></category>
		<category><![CDATA[Nike Inc.]]></category>
		<category><![CDATA[NKE]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[WGO]]></category>
		<category><![CDATA[Winnebago Industries Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69110</guid>
		<description><![CDATA[Upbeat economic data helped offset fears of Japan’s nuclear meltdown and pushed indices higher ending a three-day losing streak for US markets. The day after the Dow recorded its largest decline since August 2010, the Dow Jones Industrial Average gained 1.39% to end at 11,774.51. The S&#38;P 500 was up 1.34%, or 16.81 points, to close at 1,273.69. The tech-laden Nasdaq Composite Index too gained 19.23 points or 0.73% to close at 2,636.05. The CBOE Volatility Index, Wall Street’s fear gauge, was down 10.4%. However, the Index is up 30.8% over the week. Coming to the economic front, on Thursday the Labor Department lifted market sentiment by reporting a decrease in weekly initial claims figures. Unemployment claims shed 16,000 to 385,000 for the week ending March 12th from 401,000 recorded ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/18/clf-stock-market-news-for-march-18-2011-market-news/69110/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(GGB) Gerdau S.A. &#8211; ADR &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/03/11/ggb-gerdau-s-a-adr-bear-of-the-day/68563</link>
		<comments>http://www.stockbloghub.com/2011/03/11/ggb-gerdau-s-a-adr-bear-of-the-day/68563#comments</comments>
		<pubDate>Fri, 11 Mar 2011 14:36:56 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Gerdau S.A.]]></category>
		<category><![CDATA[GGB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=68563</guid>
		<description><![CDATA[Gerdau S.A. (GGB) is one of the leading low-cost steel producing companies. Despite this, there were negative sentiments for Gerdau as the company posted weak fourth quarter results, having been hurt primarily by higher raw material costs. Moreover, foreign currency fluctuation, cyclicality of the industry and stiff competition pose threats for the company. Anticipating a lack of positive catalysts in the quarters ahead, we downgrade Gerdau to an Underperform recommendation. Our $12.00 target price is based on 9.2X 2011 earnings per ADR. The stocks also carries a Zacks #5 Rank (Strong Sell). GERDAU SA ADR (GGB): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/11/ggb-gerdau-s-a-adr-bear-of-the-day/68563/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Stock Market News for February 18, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/02/20/clf-stock-market-news-for-feb-18-2011-market-news/67258</link>
		<comments>http://www.stockbloghub.com/2011/02/20/clf-stock-market-news-for-feb-18-2011-market-news/67258#comments</comments>
		<pubDate>Sun, 20 Feb 2011 20:30:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[DPS]]></category>
		<category><![CDATA[Dr Pepper Snapple Group Inc.]]></category>
		<category><![CDATA[DUK]]></category>
		<category><![CDATA[Duke Energy Corporation]]></category>
		<category><![CDATA[Eastman Chemical Company]]></category>
		<category><![CDATA[El Paso Corporation]]></category>
		<category><![CDATA[EMN]]></category>
		<category><![CDATA[EP]]></category>
		<category><![CDATA[KO]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[NVDA]]></category>
		<category><![CDATA[NVIDIA Corporation]]></category>
		<category><![CDATA[SU]]></category>
		<category><![CDATA[Suncor Energy Inc]]></category>
		<category><![CDATA[The Coca-Cola Company]]></category>
		<category><![CDATA[Weight Watcher's International Inc]]></category>
		<category><![CDATA[Williams Companies Inc.]]></category>
		<category><![CDATA[WMB]]></category>
		<category><![CDATA[WTW]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67258</guid>
		<description><![CDATA[Markets touched new multi year highs to end in the green after investors used lackluster economic reports as an opportunity to buy into market leaders. On a sectoral basis, share prices of energy companies rose for the second consecutive day amid fresh tensions surrounding the Suez and protests in another oil rich country Bahrain. On Wednesday, the Philadelphia oil services index along with some other key indexes showed prices of crude were rising. Shares of Marathon Oil Corp (NYSE:MRO), Suncor Energy (NYSE:SU) and ConocoPhillips (NYSE:COP) gained 1.56%, 2.50%, and 1.66% to close at $50.08, $45.17, and $75.52 respectively. Tulsa-based Williams’ (NYSE:WMB) share prices increased 8.36% after the company announced plans to separate its exploration and production unit from its energy infrastructure unit. The company also said it was going to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/20/clf-stock-market-news-for-feb-18-2011-market-news/67258/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) Stock Market News for December 29, 2010 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2010/12/29/aks-stock-market-news-for-december-29-2010-market-news/64025</link>
		<comments>http://www.stockbloghub.com/2010/12/29/aks-stock-market-news-for-december-29-2010-market-news/64025#comments</comments>
		<pubDate>Wed, 29 Dec 2010 23:52:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[MannKind Corporation]]></category>
		<category><![CDATA[MNKD]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[TIE]]></category>
		<category><![CDATA[Titanium Metals Corporation]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64025</guid>
		<description><![CDATA[After-effects from the blizzard which had hit the northeast continued as trading volumes remained thin for the second consecutive day and markets closed mixed on Tuesday. Oil prices and energy stocks, nonetheless, moved up primarily due to the blizzard. The Dow Jones Industrial Average was up 0.18% and closed at 11,575. The S&#38;P 500 rose 0.08% to close at 1,258 and the Nasdaq was down 0.16% to end the day at 2,662. The CBOE Volatility Index (VIX) ended marginally lower by 0.85% to close at 17.52. On the New York Stock Exchange, breadth of the market was negatively biased as 1543 stocks declined and 1440 stocks ended in the green. Trading volumes were on the lighter side. The day was also marred by some economic data that fell short of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/29/aks-stock-market-news-for-december-29-2010-market-news/64025/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PKX) POSCO Signs To Explore for Oil in Uzbekistan</title>
		<link>http://www.stockbloghub.com/2010/11/25/pkx-posco-signs-to-explore-for-oil-in-uzbekistan/59995</link>
		<comments>http://www.stockbloghub.com/2010/11/25/pkx-posco-signs-to-explore-for-oil-in-uzbekistan/59995#comments</comments>
		<pubDate>Fri, 26 Nov 2010 04:40:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59995</guid>
		<description><![CDATA[Korean steel producer, POSCO (PKX) signed agreements with the State-run National Oil Corporation and Samchully for the exploration of two oil fields in Uzbekistan. The fields covering 6,170 km2 are located offshore in the Northeastern region of Uzbekistan. The oil block exploration project related to the fields in West Ferghana/Chinabad was initiated in February 2010, with KNOC investing 65%, POSCO 20% and Samchully 15% of the total investment. Promotion of energy development in the international arena has been POSCO’s prime focus over time. Via this, the company aims at developing additional sources of energy and increasing its self-sufficiency in resources. Parties involved in the project expect potential reserves to reach 8,400 million barrels. Roughly, three years will be required for the first phase of the exploration activities. This project is ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/25/pkx-posco-signs-to-explore-for-oil-in-uzbekistan/59995/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) Company News for November 9, 2010 &#8211; Corporate Summary</title>
		<link>http://www.stockbloghub.com/2010/11/09/aks-company-news-for-november-9-2010-corporate-summary/58636</link>
		<comments>http://www.stockbloghub.com/2010/11/09/aks-company-news-for-november-9-2010-corporate-summary/58636#comments</comments>
		<pubDate>Wed, 10 Nov 2010 07:01:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Atlas America Inc]]></category>
		<category><![CDATA[ATLS]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[BlackRock]]></category>
		<category><![CDATA[BLK]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[COV]]></category>
		<category><![CDATA[Covidien plc]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Goldman Sachs Group]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Marsh & McLennan Companies Inc]]></category>
		<category><![CDATA[MMC]]></category>
		<category><![CDATA[PCLN]]></category>
		<category><![CDATA[PNC]]></category>
		<category><![CDATA[PNC Financial Services Group Inc]]></category>
		<category><![CDATA[Priceline.com Inc]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>
		<category><![CDATA[TYC]]></category>
		<category><![CDATA[Tyco International Limited]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58636</guid>
		<description><![CDATA[• Chevron (NYSE:CVX) announced plans to buy Atlas Energy (NASDAQ:ATLS) for $4.3 billion, or $43.35 per share • Bank of America (NYSE:BAC) and PNC (NYSE:PNC) sold $8.3 billion of BlackRock (NYSE:BLK) shares in a secondary offering priced at $163 per share, a 3.6% discount to BlackRock&#8217;s close • Tyco International (NYSE:TYC) reported earnings of $0.74 that beat estimates of $0.66, on a 4% revenue gain to $4.5 billion, above estimates of $4.4 billion • Covidien (NYSE:COV) reported fiscal fourth quarter earnings of $0.84, a dime higher than Zacks estimates, on revenues of $2.67, up 3.1% YoY, and above Zacks estimates of $2.64 billion • Marsh &#38; McLennan (NYSE:MMC) reported third-quarter earnings of $0.30, above Zacks estimates of $0.28, on inline revenues of $2.5 billion, up 7.2% • Priceline.com (NASDAQ:PCLN) posted third quarter earnings of $5.33, above ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/09/aks-company-news-for-november-9-2010-corporate-summary/58636/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) Vale S.A. Quarterly Earnings Scorecard Shows Excellent</title>
		<link>http://www.stockbloghub.com/2010/11/07/vale-vale-s-a-quarterly-earnings-scorecard-shows-excellent/58344</link>
		<comments>http://www.stockbloghub.com/2010/11/07/vale-vale-s-a-quarterly-earnings-scorecard-shows-excellent/58344#comments</comments>
		<pubDate>Sun, 07 Nov 2010 20:20:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58344</guid>
		<description><![CDATA[Following the excellent third quarter earnings announcement on October 27, analysts following Vale S.A. (VALE) also remain optimistic. An increase in the capital budget for fiscal 2011, justifies management’s view towards the company. Third Quarter Summary Vale has reported a stellar performance with an EPADS of $1.13, a huge leap from $0.31 in the year-ago quarter. On a sequential basis, EPADS also increased from $0.70 in the second quarter of fiscal 2010. It beat the Zacks Consensus Estimate of $1.03. Net earnings also increased to $6,038 million from $1,677 million in the corresponding quarter of 2009 and $3,705 million during the previous quarter. This huge jump was attributable to the increase in the demand for minerals and metals based on the global economic recovery as well as the significant increase in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/07/vale-vale-s-a-quarterly-earnings-scorecard-shows-excellent/58344/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) Steel Industry Outlook &#8211; November 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/10/30/mt-steel-industry-outlook-november-2010-industry-outlook/57143</link>
		<comments>http://www.stockbloghub.com/2010/10/30/mt-steel-industry-outlook-november-2010-industry-outlook/57143#comments</comments>
		<pubDate>Sat, 30 Oct 2010 18:16:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=57143</guid>
		<description><![CDATA[The U.S. houses one of the world&#8217;s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. ArcelorMittal (MT) is the world’s largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6% of the global steel output. Steel products are classified into four broad categories: flat steel products, long steel products, scrap and semi-finished products. Flat products include plates, hot-rolled strip and sheets, and cold-rolled strip and sheets. The long steel product category comprises wire rods, beams, reinforced bars and merchant bars. The products under both these categories are rolled from steel slabs, which are considered as unfinished or semi-finished products that are generally not sold. Historically, the automotive and construction markets have remained ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/30/mt-steel-industry-outlook-november-2010-industry-outlook/57143/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RTP) Rio Tinto PLC &#8211; Reports Record First Half Earnings</title>
		<link>http://www.stockbloghub.com/2010/10/05/rtp-rio-tinto-plc-reports-record-first-half-earnings/54021</link>
		<comments>http://www.stockbloghub.com/2010/10/05/rtp-rio-tinto-plc-reports-record-first-half-earnings/54021#comments</comments>
		<pubDate>Tue, 05 Oct 2010 15:28:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54021</guid>
		<description><![CDATA[Rio-Tinto PLC (RTP) is cashing in on surging commodities to report record earnings. RTP trades at just 8.6x forward earnings. Rio Tinto is one of the world&#8217;s mining giants. Headquartered in Britain, it has mines throughout the world with a heavy concentration in Australia and North America. Its products include aluminum, copper, diamonds, energy, gold, industrial minerals and, its biggest prize, iron ore. The company&#8217;s products are used in nearly every country around the globe making it a player on the commodity stage. Rio Tinto Reports Record First Half Earnings On Aug 5, Rio Tinto reported first half results which saw earnings rise 125% to $5.8 billion from the first half of 2009. Its not hard to see the impetus behind this great growth which is that commodities prices, across ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/05/rtp-rio-tinto-plc-reports-record-first-half-earnings/54021/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RTP) Rio Tinto&#8217;s BHP Billion Joint Venture Delayed</title>
		<link>http://www.stockbloghub.com/2010/10/02/rtp-rio-tintos-bhp-billion-joint-venture-delayed/53665</link>
		<comments>http://www.stockbloghub.com/2010/10/02/rtp-rio-tintos-bhp-billion-joint-venture-delayed/53665#comments</comments>
		<pubDate>Sat, 02 Oct 2010 21:50:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[ACH]]></category>
		<category><![CDATA[Aluminum Corporation Of China Limited]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Ivanhoe Mines Limited]]></category>
		<category><![CDATA[IVN]]></category>
		<category><![CDATA[POT]]></category>
		<category><![CDATA[Potash Corporation of Saskatchewan Inc]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=53665</guid>
		<description><![CDATA[According to The Wall Street Journal, Rio Tinto’s (RTP) much-awaited $116 billion joint venture with BHP Billiton Ltd. (BHP) to produce iron ore in Australia is expected to be postponed. The joint venture is hanging on the approval of the Australian regulators, which was earlier expected to give its approval by the second half of fiscal 2010. However, now the Australian government needs some time to set up the terms of the mineral tax in the country and hence the venture will be delayed. The joint venture has become secondary for BHP Billiton as the company is at present concentrating on its buy-out offer for Canada&#8217;s Potash Corp. of Saskatchewan Inc. (POT), the world&#8217;s biggest fertilizer manufacturer, for $130 per share. The $130 per share offer was once rejected by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/02/rtp-rio-tintos-bhp-billion-joint-venture-delayed/53665/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) Metals and Mining Review &#8211; September 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/09/01/mt-metals-and-mining-review-september-2010-industry-outlook/49953</link>
		<comments>http://www.stockbloghub.com/2010/09/01/mt-metals-and-mining-review-september-2010-industry-outlook/49953#comments</comments>
		<pubDate>Wed, 01 Sep 2010 16:28:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AA]]></category>
		<category><![CDATA[ABX]]></category>
		<category><![CDATA[ACH]]></category>
		<category><![CDATA[AEM]]></category>
		<category><![CDATA[Agnico-Eagle Mines Limited]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Alcoa]]></category>
		<category><![CDATA[Aluminum Corporation Of China Limited]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[Barrick Gold Corporation]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[FCX]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[Freeport-McMoRan Copper & Gold Inc]]></category>
		<category><![CDATA[GG]]></category>
		<category><![CDATA[Goldcorp Inc.]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[KGC]]></category>
		<category><![CDATA[Kinross Gold Corporation]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[NEM]]></category>
		<category><![CDATA[Newmont Mining Corporation]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[Paramount Gold and Silver Corporation]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[PZG]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49953</guid>
		<description><![CDATA[Overview The Metals &#38; Mining Industry encompasses the extraction (mining), as well as the primary and secondary processing of metals and minerals such as aluminum, gold, precious metals, coal and steel. The industry is oligarchic in structure, with a few producers accounting for the lion’s share of the output. The largest segment of the global metals market is iron and steel, followed by aluminum. The iron and steel segment comprises more than half the industry in terms of volume. This industry includes metal ore exploration and mining services, iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wire, spring, rolls and bars. Luxembourg-based ArcelorMittal (MT), the world’s largest steel producing company, produced 73.2 million tons in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/01/mt-metals-and-mining-review-september-2010-industry-outlook/49953/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) Vale S.A. Analyst Reiterates Neutral Stock Rating</title>
		<link>http://www.stockbloghub.com/2010/08/27/vale-vale-s-a-analyst-reiterates-neutral-stock-rating/49473</link>
		<comments>http://www.stockbloghub.com/2010/08/27/vale-vale-s-a-analyst-reiterates-neutral-stock-rating/49473#comments</comments>
		<pubDate>Fri, 27 Aug 2010 17:42:20 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49473</guid>
		<description><![CDATA[We reiterate our Neutral recommendation on Vale S.A. (VALE). We are optimistic on the new iron-ore pricing system, the prime reason behind the excellent results during the second quarter of fiscal 2010 with EPADR of 70 cents surging ahead of 15 cents posted in the year-ago quarter. Net operating revenues of $9,658.0 million also almost doubled from $4,948.0 million in the second quarter of 2009 and $6,604.0 million in the previous quarter. However, we are concerned about the instability in the Chinese market with regard to carbon emissions, which are almost double that of the U.S. and triple that of Europe. This would definitely force the Chinese government to impose regulatory restrictions on carbon emissions, which in turn will have a negative effect on the iron ore sales market in ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/27/vale-vale-s-a-analyst-reiterates-neutral-stock-rating/49473/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MT) Steel Industry Review and Outlook &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/06/29/mt-steel-industry-review-and-outlook-industry-outlook/41945</link>
		<comments>http://www.stockbloghub.com/2010/06/29/mt-steel-industry-review-and-outlook-industry-outlook/41945#comments</comments>
		<pubDate>Wed, 30 Jun 2010 00:29:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>
		<category><![CDATA[Allegheny Technologies Inc]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[ATI]]></category>
		<category><![CDATA[BHP]]></category>
		<category><![CDATA[Bhp Billiton Limited]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[F]]></category>
		<category><![CDATA[Ford Motor Company]]></category>
		<category><![CDATA[HMC]]></category>
		<category><![CDATA[Honda Motor Company Limited]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[Nucor Corporation]]></category>
		<category><![CDATA[NUE]]></category>
		<category><![CDATA[PKX]]></category>
		<category><![CDATA[POSCO]]></category>
		<category><![CDATA[Rio Tinto plc]]></category>
		<category><![CDATA[RTP]]></category>
		<category><![CDATA[Steel Dynamics Inc.]]></category>
		<category><![CDATA[STLD]]></category>
		<category><![CDATA[TM]]></category>
		<category><![CDATA[Toyota Motor Corporation]]></category>
		<category><![CDATA[United States Steel Corporation]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>
		<category><![CDATA[X]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41945</guid>
		<description><![CDATA[The U.S. houses one of the world&#8217;s largest steel industries. It is rather concentrated in structure, with a few producers accounting for the lion’s share of sales. If we add companies engaged in the extraction of iron ore and coking coal for the processing of iron and steel, this industry includes metal ore exploration and mining services, iron and steel foundries for smelting, rolling, forging, spinning, recycling, stamping, polishing and plating of iron and steel products such as pipes, tubes, wires, springs, rolls and bars. ArcelorMittal (MT) is the world’s largest steel company, with crude steel production of 73.2 million tons in 2009, representing about 6% of the world steel output. The largest drivers of steel consumption have historically been the automotive and construction markets, which absorb more than 50% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/06/29/mt-steel-industry-review-and-outlook-industry-outlook/41945/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Cliffs Natural Resources Eyes Aquisition of Canadian Entity</title>
		<link>http://www.stockbloghub.com/2010/05/25/clf-cliffs-natural-resources-eyes-aquisition-of-canadian-entity/38404</link>
		<comments>http://www.stockbloghub.com/2010/05/25/clf-cliffs-natural-resources-eyes-aquisition-of-canadian-entity/38404#comments</comments>
		<pubDate>Tue, 25 May 2010 23:03:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38404</guid>
		<description><![CDATA[International mining and natural resources company Cliffs Natural Resources Inc. (CLF) has proposed to acquire either of two junior mineral exploration Canadian companies, KWG Resources Inc. and Spider Resources Inc. The takeover bids have substantially similar financial terms. Cliffs intends to offer a price of 12 cents (13 Canadian cents) in cash per share to both KWG and Spider, representing a premium of 62.5% over the closing price of the shares of both the companies on May 21, 2010. This offer price implies a total value of $92.2 million (C$100 million) for KWG and $79.3 million (C$86 million) for Spider Resources. Neither of the proposed take-over bids, which will be funded by Cliffs’ existing cash resources, is conditional on the completion of the other. Cliffs intends to acquire either of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/25/clf-cliffs-natural-resources-eyes-aquisition-of-canadian-entity/38404/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MTL) Mechel OAO Gets B1 Rating by Moody&#8217;s Investors Service</title>
		<link>http://www.stockbloghub.com/2010/05/25/mtl-mechel-oao-gets-b1-rating-by-moodys-investors-service/38347</link>
		<comments>http://www.stockbloghub.com/2010/05/25/mtl-mechel-oao-gets-b1-rating-by-moodys-investors-service/38347#comments</comments>
		<pubDate>Tue, 25 May 2010 15:18:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[MCO]]></category>
		<category><![CDATA[Mechel Open Joint Stock Company]]></category>
		<category><![CDATA[Moody's Corporation]]></category>
		<category><![CDATA[MTL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=38347</guid>
		<description><![CDATA[Shares of Russian metals and mining company, Mechel OAO (MTL) slipped 5.78% or $1.22 per share to close at $19.90 on Monday after being assigned a “B1&#8243; corporate credit rating by Moody&#8217;s Investors Service, a unit of Moody&#8217;s Corp.(MCO). Credit rating agency, Moody’s judges obligations rated B as speculative and subject to high credit risk and have generally poor credit quality. Such ratings are considered non-investment or &#8220;junk&#8221; grade. Moody’s corporate credit rating reflects Mechel&#8217;s subdued financial results during the recession. Falling prices and volumes have hurt Mechel’s 2009 results, where revenues declined 42.2% to $5.8 million, while net earnings were significantly down 93.5% to $73.7 million. As of December 31, 2009, Mechel’s long-term debt totaled $4.1 billion against cash and cash equivalents of $414.7 million. However, Moody’s has provided a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/25/mtl-mechel-oao-gets-b1-rating-by-moodys-investors-service/38347/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VALE) Vale S.A. Reports Earnings Short of Consensus</title>
		<link>http://www.stockbloghub.com/2010/05/10/vale-vale-s-a-reports-earnings-short-of-consensus/36653</link>
		<comments>http://www.stockbloghub.com/2010/05/10/vale-vale-s-a-reports-earnings-short-of-consensus/36653#comments</comments>
		<pubDate>Mon, 10 May 2010 15:12:28 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[VALE]]></category>
		<category><![CDATA[Vale S.a.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36653</guid>
		<description><![CDATA[Vale S.A.’s (VALE) first quarter EPADR for the fiscal year 2010 was 30 cents, an increase from 26 cents in the year-ago quarter. However, it missed the Zacks Consensus Estimate of 33 cents. Net earnings reached $1,604 million, up 17.7% from $1,363 million in the corresponding quarter of 2009 based on an increase in net operating revenues. Net operating revenues grew 26.3% year-over-year to $6,848 million from $5,421 million in the first quarter of 2009, primarily driven by the global economic recovery. Revenues generated from the sales of ferrous minerals accounted for 69.0% of total revenues, while non-ferrous minerals contributed 23.9%, logistics services 4.5%, coal 1.8% and the rest accounted for 0.8%. Geographically, 51.6% of revenues were generated from Asia, 25.2% from the Americas, 19.8% from Europe and 3.3% from rest of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/10/vale-vale-s-a-reports-earnings-short-of-consensus/36653/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AKS) AK Steel Corporation Matches Consensus Estimates</title>
		<link>http://www.stockbloghub.com/2010/04/21/aks-ak-steel-corporation-matches-consensus-estimates/34453</link>
		<comments>http://www.stockbloghub.com/2010/04/21/aks-ak-steel-corporation-matches-consensus-estimates/34453#comments</comments>
		<pubDate>Wed, 21 Apr 2010 21:11:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[AK Steel Holding Corporation]]></category>
		<category><![CDATA[AKS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34453</guid>
		<description><![CDATA[AK Steel Corp. (AKS) reported first-quarter 2010 results. The company swung to a net income of $1.9 million from a net loss of $73.4 million in the year-ago quarter. Excluding special items, adjusted earnings per share came in at 25 cents, which matched the Zacks Consensus Estimate, derived from 14 covering analysts. Revenues during the reported quarter surged by 52.4% to $1,405.7 million from $922.2 million in the year-ago period. The growth was primarily attributable to a robust 77.9% increase in shipments to 1.4 million tons, compared to 779,000 tons in the prior-year quarter. Higher shipments reflect an improvement in the year-over-year demand for steel. However, average selling prices declined 14.4% to $1,014 per ton from $1,184 per ton in the year-ago quarter as the U.S. and global markets continue ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/21/aks-ak-steel-corporation-matches-consensus-estimates/34453/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CLF) Cliffs Natural Resources &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2010/04/08/clf-cliffs-natural-resources-bull-of-the-day-2/33143</link>
		<comments>http://www.stockbloghub.com/2010/04/08/clf-cliffs-natural-resources-bull-of-the-day-2/33143#comments</comments>
		<pubDate>Thu, 08 Apr 2010 14:56:10 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Steel & Iron]]></category>
		<category><![CDATA[CLF]]></category>
		<category><![CDATA[Cliffs Natural Resources Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33143</guid>
		<description><![CDATA[Cliffs Natural Resources Inc. (CLF) is the largest producer of iron ore pellets in the U.S. Cliffs&#8217; increasing international iron ore exposure, recovery in its coal business and longer-term diversification into the chromium business are huge positives for the stock. The company focuses on growing its international exposure in the face of a consistent decline in North American production. The Wabush acquisition is consistent with this approach, as production from this mine will be sold primarily in Europe. The company has recently raised its iron ore and coal sales and production volumes with steel demand recovering in the last couple of months. Separately, Cliffs has also enhanced its financial flexibility by raising about $347 million through equity followed by compensation reductions, which should result in annual savings of $37 million. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/08/clf-cliffs-natural-resources-bull-of-the-day-2/33143/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

