| 28.01.2009 - Steel makers forecast grim first quarter |
| From AP: Two steel makers forecast a grim first quarter Tuesday as the recession continues to slow demand for everything from washing machines to sport utility vehicles, suggesting that more plant shutdowns and job cuts could be on the way. U.S. Steel and AK Steel said they expect operating losses in the first three months of 2009, while a third steel company, Nucor Corp., forecast "only marginally better" earnings compared with its fourth quarter. .... Full Article: Source |