Steelcase Warns on Rising Steel Prices
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Steelcase Inc. SCS.N, the world's  largest office-furniture maker, on Thursday said quarterly  earnings fell sharply, though not as much as expected, helped  by stronger demand and cost cuts.
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UK brewer Scottish & Newcastle, warns of "substantial price increases" to offset rising costs.
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Nippon Steel Corp. has told Toyota, Honda and Nissan it wants to raise steel prices for the second time this year, the Asahi Shimbun reports.
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The Centre is said to be of the view that with the inflation rate already high, any hike in prices at this juncture could fuel it further.
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GRAND RAPIDS, Mich., Sept. 19  /PRNewswire-FirstCall/ -- Steelcase Inc.
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Steelcase Inc., the world&#39;s top office furniture maker, said Thursday that second-quarter earnings dropped year-over-year on the sale of the company&#39;s Attwood operations, but soundly beat Wall Street expectations due to higher sales and lower operating
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FURTHER interest rate rises could trigger a house price crash in the United Kingdom, the International Monetary Fund warned yesterday.
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CHICAGO - Shares of steel companies tumbled Thursday, after a published report detailed the threat of a global steel oversupply due to China&#39;s new position as a net exporter.
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Corus Group Plc, the UK&#39;s biggest steelmaker, expects to report its first full-year profit after increasing prices four times since January.
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Rising prices is causing Chinese companies to raise prices for exports, particularly on one critical commodity: pork.
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TORONTO (CP) - The steel market has been hotter than a blast furnace lately. So, too, are critics of Stelco Inc., who question whether the company should have been declared insolvent ahead of such strong market conditions.
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India's Tata Steel is set to become the  world's fifth-biggest steelmaker after winning a bid battle for  Anglo-Dutch steelmaker Corus Group by agreeing to pay 5.75  billion pounds ($11.3 billion).
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Rising petrol and food costs push the price inflation of goods leaving UK factories to a new 16-year high.
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Sales and profits increased at Steelcase Inc., but the sluggish economy grew at a slower rate than the Grand Rapids office-furniture maker expected.
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Premier Foods, which owns Hovis, warns that rises in wheat prices could force it to put up bread prices again.
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The world&#039;s biggest  steelmaker Mittal  faced further pressure to raise its  23-billion-euro (&#36;29-billion) bid for rival Arcelor   after Russian suitor Severstal  improved its friendly  merger offer.
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The ball was in Arcelor&#039;s court as the steel manufacturer&#039;s board prepared to respond to a sweetened 25.8 billion-euro (32.9 billion-dollar) offer from rival Mittal Steel.