Steel rolling

Article Abstract:

The French government plans a privatization of Usinor Sacilor, the biggest steel producer in Europe. The company has improved its efficiency, but is faced with problems in the international steel market since a downturn in the steel market is expected from 1996. The French government has privatized the most obvious candidates, leaving problematic enterprises such as Usinor Sacilor until later. The government has to decide on a price which will attract investors given past losses of this company.

Blast Furnaces & Steel Mills, Securities, Usinor Sacilor S.A.

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SBJ adds voice to broking blues: intense rivalry between underwriters is hitting insurance brokers' income. While not as exposed as some. Steel Burrill Jones's business faces a downturn and it has a few hefty bills to pay. the shares look vulnerable

Article Abstract:

Steel Burrill Jones, an insurance broker, is finding market conditions testing as it competes in the retail brokerage sector. About two thirds of the company's insurance income is settle on a fee basis which is not as exposed to the highs and lows of insurance premiums. However fees are usually lower than broking commissions. SBJ's other business is in the London insurance market, but premiums are on the decline.

Insurance Agencies and Brokerages, Insurance Agents & Brokers, Insurance industry, Insurance brokers, Steel Burrill Jones Group PLC

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Steel: four against two

Article Abstract:

British Steel's shares have performed well during the past year, helped by a rise in steel selling prices. However the company's closure of its seamless tube plant at Wednesfield in Wolverhampton will cost 8 million pounds sterling in redundancies and other closing costs. Currency benefits have arisen from the weakening dollar and the strenthening D-mark

Raw Steel, British Steel PLC

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