| Industry News... |
U.S. "Cap And Trade" Rebranded "Pollution Reduction" 03/10/2010- WASHINGTON - Like a savvy Madison Avenue advertising team, senators pushing climate-control legislation have decided to scrap the name "cap and trade" and rebrand their product as "pollution reduction targets." |
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Sector Snap: Steel Prices To Rise, Analyst Says 03/09/2010- NEW YORK - Rising steel prices, driven by climbing raw material costs, will benefit vertically integrated steel makers such as United States Steel Corp., said a Goldman Sachs analyst on Monday as he upgraded the company's stock. |
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Lawmakers Move To Restrain EPA On Climate Change 03/05/2010- As climate change legislation stalled in the Senate, the Obama administration noted that it had a workable -- although admittedly unwieldy -- Plan B. If Congress wouldn't cap U.S. emissions, officials said, the Environmental Protection Agency would do it instead. |
Will Steel Demand Rise In 2010? 03/05/2010- Steel demand recovery to limp on. According to a number of major steelmakers, steel demand recovery will be slow during the early months of 2010. ArcelorMittal said in presenting its worse than expected Q4 2009 results that Q1 2010 would be tough, with only “slow recovery underway,” and rising costs. |
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Senators Press Obama Trade Chief On China Concerns 03/04/2010- WASHINGTON - U.S. senators pressed President Barack Obama's top trade official on Wednesday for action on a number of Chinese trade issues they said have endangered U.S. consumers and jobs. |
U.S. Steel Industry Recovery Tied To Autos, Housing 03/03/2010- SCOTTSDALE, Arizona - Guarded optimism surrounds expectations for a 2012 recovery in the U.S. steel industry, as much will depend on how firm the recoveries are in the construction and automotive sectors of the economy. |
EPA Carbon Rules Would Be Blocked By Lawmakers’ Plans 03/03/2010- Top House Republicans introduced a measure to block President Barack Obama from regulating greenhouse gases, as Democratic Senator Jay Rockefeller sought a two-year delay on action by the Environmental Protection Agency. |
Senator Graham Calls Cap-And-Trade Plan Dead 03/03/2010- WASHINGTON - The idea of imposing a broad cap-and-trade system to cut America's greenhouse gas emissions is dead and will be replaced with a new approach, an influential Republican senator said Tuesday. |
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Nucor To Form Joint Venture With Mitsui 03/03/2010- CHARLOTTE, N.C. - Nucor Corporation announced today that it has entered into an agreement with Mitsui & Co. (U.S.A.), Inc. ("Mitsui"), a wholly owned subsidiary of Mitsui & Co., Ltd., wherein each would indirectly own a 50% interest in a newly created company, NuMit LLC. NuMit will invest in various steel and steel related activities, both in North America and globally. |
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Senators Seen Ditching Cap And Trade In New Bill 03/01/2010- WASHINGTON - Three senators are seeking to radically overhaul stalled climate legislation by proposing to dump broad cap-and-trade provisions and take a sector by sector approach to cutting greenhouse gas emissions, a White House official and leading U.S. newspaper reported. |
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