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Archive for March 31st, 2008

France fights to keep ArcelorMittal steel jobs

France will do all it can to save jobs at a threatened ArcelorMittal  steel plant and partners may be interested in keeping it open, Economy Minister Christine Lagarde said on Sunday.
"Our main aim is to maintain employment to ensure people keep their jobs. There could be some partners interested," Lagarde said on France Inter radio.
Plans [...]

View from China say steel prices to stay high this year

BEIJING, March 31 (Xinhua) — China’s steel prices will continue to stay high this year, pushed up by booming demand and rising costs, say domestic industry experts.
    Steel prices still had room to expand, and the per-ton price would break the 1,000-U.S.-dollar threshold in the near future, Monday’s China Securities Journal quoted Zhou Xizeng, [...]