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STAINLESS STEEL PRICES

AK Steel Announces January 2007 Surcharges for Electrical and Stainless Steels PR Newswire via Yahoo! Finance
AK Steel has advised its customers that a $150 per ton surcharge will be added to invoices for electrical steel products shipped in January 2007.
Indian Markets In Correction Mode; Sen Slides 173 Points - Indian Commentary Nasdaq
(RTTNews) - Indian stocks had a free fall on Friday, especially in the closing moments, following none too bright performance by the global peers. Shares on Wall Street as well as in Asian region ended markedly down on global melt down in metal prices and bleak economic prospects.
ML downgrades mega-miners but positive on gold and silver Mineweb
RENO, NV (Mineweb.com) --Citing over-inflated spot prices and weaker demand, Merrill Lynch Thursday reduced recommendations for mega-mining companies BHP Billiton, Rio Tinto and Xstrata.
STOCKWATCH Mining stocks downgraded by Merrill Lynch in cautious sector note Sharewatch
The broker said it continues to view copper and nickel prices as too high and told clients that it is forecasting a significant correction in copper prices in the first half of 2007, driven by weaker demand (slower growth, US housing, substitution) and significant supply growth.
Nickel Rises to 19-Year High on Shortfall; Aluminum, Lead Gain Bloomberg.com
Dec. 5 (Bloomberg) -- Nickel advanced to the highest level since at least 1987 as dwindling supply created a shortfall of the metal used in stainless-steel production. Lead rose to a record and aluminum advanced to a six-month high.
China steel output boom set to fuel export debate Reuters via Yahoo! Asia News
AMSTERDAM, Dec 5 (Reuters) - Chinese steel production is set to keep rising sharply in the years ahead, raising questions about whether the government will take steps to curb politically sensitive exports, industry officials said on Tuesday.
Tubacex to hike prices 5 pct from January Sharewatch
In a statement, Tubacex said it believes the outlook for the market is \"very positive\", and it expects the good demand for seamless stainless steel tubes to continue over the coming years. afxmadrid@afxnews.com ccs/abr/cmr COPYRIGHT Copyright AFX News Limited 2006. All rights reserved.
STOCKWATCH ThyssenKrupp higher on M&A speculation; higher steel prices 2006/07 Sharewatch
At 2.30 pm, ThyssenKrupp shares had risen 0.27 eur or 0.94 pct to 28.93, making it the second fastest gainer on the DAX, while the blue chip index was up 7.90 points or 0.13 pct at 6249.03.
Japan Hot Stocks-Internet Initiative, Sumitomo Metal, Daiei Reuters via Yahoo! Asia News
TOKYO, Dec 8 (Reuters) - The following stocks are on the move on Friday: **INTERNET INITIATIVE UP ON TRANSFER TO 1ST SECTION**
ThyssenKrupp FY pretax rises 56.4 pct on strong steel prices UPDATE Sharewatch
DUESSELDORF (AFX) - ThyssenKrupp AG\'s full year pretax profit reached 2.623 bln eur, up 56.4 pct from 1.677 bln a year-earlier thanks to higher steel prices as demand remained strong.
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