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  • Groundbreaking held for new Arkansas steel mill Monday, 22 Sep 2014 | 7:03 AM ET

    OSCEOLA, Ark.— Officials broke ground Monday on a $1.3 billion steel mill in northeast Arkansas that's being touted as a boon to the economically struggling Delta region and the largest single private investment in Arkansas' history.

  • BRASILIA/ SAO PAULO, Sept 19- Brazil's financial markets have rallied on the prospect of environmentalist Marina Silva unseating President Dilma Rousseff in next month's election, but political donations show plenty of companies may be wary of a new administration.

  • MOSCOW, Sept 19- Russian bank VTB will have to take legal action to recover debts from Mechel after other attempts to help the struggling steelmaker failed, RIA news agency quoted VTB's chief executive as saying on Friday. Mechel wants its main creditor banks, which besides VTB include Sberbank and Gazprombank, to restructure its debt.

  • MOSCOW, Sept 19- Russia's VTB bank sees applying to court as the only way to solve steelmaker Mechel's debt problems, RIA news agency quoted Andrei Kostin, the bank's chief executive, as saying on Friday.

  • The headwinds faced by China's massive steel sector- falling profit margins and growing dependence on handouts- are shared by other key industrial and infrastructure-related sectors, including aluminium, cement and coal.

  • TORONTO, Sept 18- United States Steel Corp's Canadian unit had sought a wide ranging set of relief measures from the Ontario government before it filed for creditor protection in Canada earlier this week, according to a source familiar with the matter.

  • Steel Dynamics gives solid 3Q forecast Wednesday, 17 Sep 2014 | 5:27 PM ET

    NEW YORK— Steel Dynamics forecast a strong third-quarter profit on Wednesday, citing increased shipments and solid demand from key markets. Steel Dynamics bought the Ohio mini-mill from Russian steelmaker OAO Severstal for $1.63 billion.

  • Sept 17- Nucor Corp shares rose to a six-year high on Wednesday after the steelmaker said it would report higher-than-expected third-quarter earnings. Nucor said it expected to post a third-quarter profit of 70 cents to 75 cents per share.

  • AP Top Extended Financial Headlines At 12:20 p.m. EDT Wednesday, 17 Sep 2014 | 12:20 PM ET

    Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip US stocks rise at midday, ahead of Fed statement on rates; DuPont, FedEx surge Financial markets watching for 2 words as clues to Fed's intentions on rates INSIDE WASHINGTON: Only 4 states will see food stamp cuts after states thwart reductions FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter

  • AP Top Extended Financial Headlines At 12:06 p.m. EDT Wednesday, 17 Sep 2014 | 12:06 PM ET

    Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip US stocks rise at midday, ahead of Fed statement on rates; DuPont, FedEx surge Financial markets watching for 2 words as clues to Fed's intentions on rates INSIDE WASHINGTON: Only 4 states will see food stamp cuts after states thwart reductions FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter

  • AP Top Extended Financial Headlines At 12:05 p.m. EDT Wednesday, 17 Sep 2014 | 12:05 PM ET

    Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip US stocks rise at midday, ahead of Fed statement on rates; DuPont, FedEx surge Financial markets watching for 2 words as clues to Fed's intentions on rates FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter Family Dollar board recommends shareholders reject Dollar General's tender offer

  • AP Top Extended Financial Headlines At Noon EDT Wednesday, 17 Sep 2014 | 11:57 AM ET

    US stocks inch higher in morning trading ahead of Fed statement on rates; DuPont, FedEx surge Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip Financial markets watching for 2 words as clues to Fed's intentions on rates FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter Family Dollar board recommends shareholders reject Dollar General's tender offer

  • US STOCKS-Materials sector moves higher on DuPont, Nucor Wednesday, 17 Sep 2014 | 11:55 AM ET

    trading higher on Wednesday as the best performing of the 10 major S&P sectors heading into the midpoint of the session, led by gains in DuPont and Nucor Corp..

  • AP Top Extended Financial Headlines At 11:45 a.m. EDT Wednesday, 17 Sep 2014 | 11:45 AM ET

    US stocks inch higher in morning trading ahead of Fed statement on rates; DuPont, FedEx surge Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip Financial markets watching for 2 words as clues to Fed's intentions on rates FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter Family Dollar board recommends shareholders reject Dollar General's tender offer

  • AP Top Extended Financial Headlines At 11:39 a.m. EDT Wednesday, 17 Sep 2014 | 11:39 AM ET

    US stocks inch higher in morning trading ahead of Fed statement on rates; DuPont, FedEx surge Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip Financial markets watching for 2 words as clues to Fed's intentions on rates FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter Family Dollar board recommends shareholders reject Dollar General's tender offer

  • AP Top Extended Financial Headlines At 11:22 a.m. EDT Wednesday, 17 Sep 2014 | 11:22 AM ET

    US stocks inch higher in morning trading ahead of Fed statement on rates; DuPont, FedEx surge Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip Financial markets watching for 2 words as clues to Fed's intentions on rates FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter Family Dollar board recommends shareholders reject Dollar General's tender offer

  • AP Top Extended Financial Headlines At 11:16 a.m. EDT Wednesday, 17 Sep 2014 | 11:16 AM ET

    US stocks move higher in morning trading ahead of Fed statement on rates; DuPont, FedEx surge Confidence among US homebuilders surges to nearly 9- year high on stronger sales outlook US consumer prices fall 0.2 percent in August, first drop in 16 months, as energy costs dip Financial markets watching for 2 words as clues to Fed's intentions on rates FedEx 1 Q profit, sales top expectations; company will hire 50,000 seasonal workers US current account trade deficit narrows to $98.5 billion in second quarter, down 3.5 percent Alibaba post-IPO' partnership' structure helps founder, insiders retain control Sony forecasts loss of $2.1 billion, cancels dividend after cutting value of mobile business US Steel shares jump after steelmaker says it expects significant improvement in 3rd quarter Family Dollar board recommends shareholders reject Dollar General's tender offer

  • US Steel shares jump after 3Q outlook update Wednesday, 17 Sep 2014 | 11:16 AM ET

    The Pittsburgh company said it expects a big improvement in its third-quarter operating income from its reportable segments and other businesses. Steel said it will provide about $165 million in secured, debtor-in-possession financing to U.S. Steel Canada Inc., which will allow the business to continue operating as it explores the restructuring.

  • Nucor said on Monday it would buy Gallatin Steel, the U.S. joint venture between ArcelorMittal and Gerdau, for $770 million to expand into flat-rolled steel market in the growing pipe and tube business. In the current quarter ending Sept. 30, Nucor also expects to gain from write down of assets and high levels of imports due to downward pressure on pricing.

  • US Steel's Canada arm restructuring     Wednesday, 17 Sep 2014 | 10:22 AM ET

    Shares of U.S. Steel are surging after the company announced its Canadian unit will go into creditor protection. CNBC's Sara Eisen has the details.