Stillwater Mining says meeting fails to persuade GM to resume precious metals contractAugust 19th, 2009 Stillwater: GM not reconsidering metals contractCOLUMBUS, Mont. — Stillwater Mining Co.
Mont. governor says General Motors will return to bargaining table with Stillwater Mining Co.August 6th, 2009 Mont. governor says GM-Stillwater talks to resumeBILLINGS, Mont. — General Motors Co.
Mitsubishi Motors reports loss for Q1 due to falling global demandJuly 30th, 2009 Mitsubishi Motors reports loss for Q1TOKYO — Mitsubishi Motors Corp. maintained its forecast for a full year profit even as the automaker plunged into the red last quarter due to plummeting global demand and a rising yen.
US Steel reports another quarterly loss as metal demand remains low amid global downturnJuly 28th, 2009 US Steel posts another quarterly lossMONEY LOST: U.S. Steel posted its second straight quarterly loss for the April-June period.
Congressman wants hearing on GM's cancellation of metals contract with Montana mining companyJuly 28th, 2009 Mont. lawmaker seeks hearing on GM mining contractBILLINGS, Mont. — A Montana congressman wants a hearing into General Motors Co.'s continued use of foreign precious metals suppliers after canceling a contract with a Montana company.
General Motors drops Montana mine in favor of foreign suppliers for precious metalsJuly 22nd, 2009 GM drops Mont. mine in favor of foreign metalsBILLINGS, Mont.
Judge says GM can drop Montana mine in favor of foreign suppliers for precious metalsJuly 22nd, 2009 Judge OKs GM's move to drop Montana mine contractBILLINGS, Mont. — A federal bankruptcy judge granted General Motors Co.
AK Steel reports $47 million loss for 2nd quarter as auto industry puts brakes on demandJuly 21st, 2009 AK Steel posts $47M loss for 2Q as demand fallsPITTSBURGH — AK Steel Holding Corp., a supplier of steel for cars and trucks, on Tuesday posted a second-quarter loss of $47.2 million, partly due to shrinking demand from the battered auto industry. But the results beat Wall Street expectations.
Stillwater Mining asks court to enforce GM precious metals contractJuly 17th, 2009 Stillwater wants court to enforce GM contractBILLINGS, Mont. — Stillwater Mining Co.
Montana gov blasts General Motors' plan to get platinum for catalytic converters from overseasJuly 10th, 2009 Montana gov blasts GM mine contract cancellationBILLINGS, Mont. — Gov. Brian Schweitzer is calling on the Obama administration to force General Motors to honor its contract with a Montana mining company instead of going overseas to buy the precious metals used to control vehicle pollution.
Hindustan Motors to revise vehicle prices TuesdayJuly 6th, 2009 KOLKATA - Automobile major Hindustan Motors Monday said it will revise prices of various vehicle models to pass on to its customers the benefit of excise duty cut on certain categories of cars as announced by Finance Minister Pranab Mukherjee. "Hindustan Motors is passing on the entire benefit to the customers who can expect a Rs.6,000 cut in Pajero, Outlander and Montero prices effective July 7 (Tuesday)," a company statement said.
Tata Motors posts Rs.2,505 crore lossJune 26th, 2009 MUMBAI - Leading vehicle maker Tata Motors has posted a huge loss of Rs.2,505.25 crore ($520 million) in 2008-09 as against a profit of Rs.2,167.7 crore recorded the year before, thanks to the global slowdown and losses made by its British unit. Its turnover, however, almost doubled to Rs.70,938.85 crore last year from Rs.35,660.07 crore in 2007-08, the company said in a statement.
GM bankruptcy closely watched by provider of precious metals for cars Stillwater MiningJune 2nd, 2009 GM bankruptcy watched by Stillwater MiningBILLINGS, Mont. — An official at Stillwater Mining Co., which sells platinum and palladium for use in automobiles' catalytic converters, says the company is monitoring the General Motors bankruptcy to see if Stillwater-GM contracts will be honored.
US Steel loses $439 million in 1Q as recession weakens steel demand, pricesApril 27th, 2009 US Steel posts 1Q loss as demand dropsPITTSBURGH — United States Steel Corp. says it lost $439 million in the first quarter as the recession pinched demand for the metal.
AK Steel reports 1Q loss vs. year-ago profit as reeling auto industry dents steel demandApril 21st, 2009 AK Steel posts $73M loss in 1QPITTSBURGH — AK Steel Holding Corp., a supplier of steel for cars and trucks, on Tuesday reported a first-quarter loss compared with a year-earlier profit, as the recession continued to dampen demand for the metal. The West Chester, Ohio-based company's loss of $73.4 million reflected lower shipments for the metal used in everything from cars and dishwashers to high-rise buildings.