GO
Loading...

Materials and Metals

More

  • Courts Allow Mittal to Hold Arcelor Merger EGM Monday, 27 Aug 2007 | 12:06 PM ET

    Courts in Paris and Rotterdam ruled on Monday against injunctions lodged by Arcelor minority shareholders aimed at blocking a shareholder meeting needed to finalise the firm's merger with Mittal Steel.

  • U.S. Steel to Buy Stelco for About $1.1 Billion Monday, 27 Aug 2007 | 4:25 AM ET

    U.S. Steel is to acquire Stelco for about $1.1 billion to strengthen its position as a supplier of flat-rolled steel products in North America, the companies said.

  • Rio Tinto, the world's third largest miner by revenues, said Monday it has won U.S. antitrust approval for its $38.1 billion (28 billion euros) takeover of Alcan.

  • ABB Sells Lummus to CB&I, Reports Suspect Payments Monday, 27 Aug 2007 | 2:47 AM ET

    Swiss-Swedish engineering company ABB said on Monday it had agreed to sell its Lummus Global business to Chicago Bridge & Iron Company (CB&I) for an enterprise value of $950 million.

  • Before the recent downturn in the U.S. stock market, portfolio strategists and market prognosticators said the resiliency of the markets was a key sign of positive times ahead.

  • ThyssenKrupp Third-Quarter Profit Soars 62% Friday, 10 Aug 2007 | 3:27 AM ET

    Steelmaker ThyssenKrupp on Friday  reported a 62% increase in net profit in its fiscal third quarter as rising demand for steel lifted its sales.

  • St Gobain to Buy HeidelbergCement's Maxit Tuesday, 7 Aug 2007 | 6:28 AM ET

    St Gobain, the world's biggest building materials group, said on Tuesday it would buy clay and mortar company Maxit Group from Germany's HeidelbergCement in a deal worth around $3 billion.

  • CNBC's Domm: Today's Agenda in the Markets (update) Monday, 6 Aug 2007 | 12:56 PM ET

    Stocks are finding their feet on higher ground this morning as a positive tone embraces equities markets worldwide. Oil continues to back down from the new high struck earlier this week.

  • CNBC's Domm: Today's Agenda in the Markets Monday, 6 Aug 2007 | 9:57 AM ET

    U.S. stocks futures are slightly firmer ahead of the opening in a market still cranky about credit worries and pondering the Fed's next move. European stock markets are mixed after trading lower this morning, and Asian stocks were lower overnight.

  • Timber company Weyerhaeuser reported better-than-expected quarterly earnings on Friday, as strength in its packaging products business helped offset weak demand for wood products from U.S. home builders.

  • Miner Anglo American unveiled plans to sell Tarmac, its U.K.-based road building unit, as it met forecasts with a 22% rise in first-half earnings and announced a further $4 billion share buyback.

  • International Paper Earnings Climb, Shares Fall Thursday, 2 Aug 2007 | 2:05 PM ET

    International Paper said on Thursday its second-quarter profit rose on improved pricing and stable volumes, but earnings fell short of market expectations and pulled the company's shares down 2.7%.

  • Rio Tinto First-Half profit Dips 6% on Higher Cost Thursday, 2 Aug 2007 | 3:35 AM ET

    Global miner Rio Tinto first-half profit fell 6%, hurt by higher costs and unfavorable exchange rates despite selling its copper, iron ore, and other industrial commodities at sharply higher prices.

  • CNBC's Domm: Today's Agenda in the Markets Wednesday, 1 Aug 2007 | 8:58 AM ET

    A selling wave in global stock markets is sweeping futures lower this morning as subprime and credit woes once more rise to the surface. A new disclosure about a third troubled hedge fund at Bear Stearns is rattling investors.

  • ArcelorMittal, the world's largest steelmaker, reported a net profit of $2.72 billion for the second quarter as it sold more steel at higher prices to offset higher costs.

  • CNBC's Domm: Today's Agenda in the Markets Tuesday, 31 Jul 2007 | 8:52 AM ET

    Stocks are ready to spring higher on the opening as economic data, earnings and some merger news gets investor attention this morning. GM's better-than-expected earnings report is adding a positive tone.

  • Alcan Profit Slips on Strong Canada Dollar Effect Tuesday, 31 Jul 2007 | 8:23 AM ET

    Alcan, the target of a $38.1 billion takeover by Rio Tinto, said Tuesday its quarterly profit fell 2.5%, largely on costs stemming from a stronger Canadian dollar.

  • CNBC's Domm: Today's Agenda in the Markets Monday, 30 Jul 2007 | 8:55 AM ET

    Futures are perking up this morning and are setting stocks up for a firmer opening. Traders are turning their attention to earnings and some percolating merger news, and there's a calm on Wall Street after Friday's late day, mad dash down-hill ride for stocks.

  • CNBC's Domm: Today's Agenda in the Markets Thursday, 26 Jul 2007 | 9:06 AM ET

    Credit worries and bad news from home builders trumped any positives from the stream of earnings being reported this morning. Wall Street is set up for a steep drop on the opening and the talk in the market focuses on whether the takeover boom is ending.

  • CNBC's Domm: Today's Agenda in the Markets Wednesday, 25 Jul 2007 | 8:45 AM ET

    Strong earnings news is helping push credit market fears back into the shadows this morning, and stocks are poised to spring higher at the opening. Some Asian markets sold off after yesterday's bad day on Wall Street and Europe is mostly lower.

Contact Materials and Metals

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More