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Metals
German steel maker Kloeckner sells Canadian subsidiary Namasco
Germany's steel producer Kloeckner & Co. has concluded the sale of its Canadian subsidiary Namasco to Samuel, Son & Co. on Tuesday, the company said Wednesday. The sale has been approved by Canadian...More...
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A treacherous year for steel buyers
If you are a steel buyer, 2008 has so far been a treacherous year. Consider the following: since late December 2007 through early June 2008, the price of hot-rollSteel Market Trendsed coil (HRC) in the US market is up 88%, nearly $500/short ton from $565/st to nearly $1,060/st. Read the full story...

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Steel Markets DailyUSW and Unite merge to form global trade union
The US-based United Steelworkers and the UK's Unite trade union July 2 signed an agreement in Las Vegas to create a merged union named Workers Uniting, which claims to be the world's first global union, said a joint statement issued July 2. More...
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