- Alcoa is the worst positioned aluminum producer in the world by the WSJ. That news (and the general decline) has Alcoa HURTING this morning, down around 10%. They do raise the question of wether china's state run aluminum producer would/could purchase Alcoa.
- US Steel is slimming production by idling some of its plants (Business Week). Unfortunately, this is a necessary step. Hopefully a Detroit bailout and an economic resurgance (fingers and toes crossed) can keep them from having to shut down these plants any more permanently.
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