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Ford cuts North American automotive production, cuts profit goal
Ford Motor Company said Thursday it is making adjustments to its automotive production plan to shift away from the gas-guzzling SUVs and revising downward its near-term North American automotive profit...More...

Flat-rolled steel prices stable in Eastern Europe, Middle East

China's crude steel production in April rises 10.2% on year

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ArcelorMittal raises HRC base price
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Gold prices soar to record levels as rally continues
The gold market has started the new year in a bullish mood just as it closed out the old year. COMEX gold settled above $900/oz for the first time in history on January 14, as the rally in precious metals continues. M ore...

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US rebar markets up $50/st on price announcements Following on Nucor's price announcement for the week ended May 16, two of its main competitors also announced plans to raise rebar prices beginning June 1. Commercial Metals in Irving, Texas said it would raise base prices on reinforcing bar and merchant bar by $40/st effective with shipments on June 1, 2008. More...

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