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Proposed $8 billion coal buyout gets rocky
Cleveland-Cliffs' largest shareholder may attempt to scuttle a proposed $8 billion buyout of coal company Alpha Natural Resources Inc.
ArcelorMittal buys 2nd W.Va. coal operation
Appalachian coking coal is proving ever more irresistible to the international steel industry.
Big steel makes coal play; US companies absent
International steel companies are getting back in the business of coal mining. France will build a second new-generation nuclear reactor, President Nicolas Sarkozy said Thursday, pledging a "new industrial revolution" in an era in which fossil fuels have grown too expensive.
China combines 2 steel makers as demand surges
Two Chinese steel companies combined Monday to form the world's fifth-largest producer, the latest in a series of government-orchestrated deals aimed at creating globally competitive suppliers amid booming demand.
Lakshmi Mittal joins Goldman Sachs board
Goldman Sachs Group Inc. said Sunday that billionaire steel magnate Lakshmi Mittal has been elected as an independent director at the world's largest investment bank. |
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