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On Thursday, the global leader of steel maker; ArcelorMittal, declared that they have over came the droop which was persistently latched onto them for the past 2 years. After the increase in the output of U.S steel mining and shipments which boosted the profits, the resulting forecast for 2014 is moving up the ladder. The company, which makes 6 to 7% of the global steel manufacturing industry, believes the slump is over. In previous years, the company has faced tough profits due to the extended disaster of debts in the European market and a hold back in China, the global leader producer and consumer of steel. Aditya Mittal, the Chief Financial Officer told in a conference call that the firm's own compound index of manufacturing surveys resulted in two year high.

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Dendreon Provenge Approval Call Summary (45.50 +5.88) -Update : During the call, the co said that it will provide Provenge to 2000 patients in next 12 months. Co said that demand for Provenge will exceed co's ability to provide it in the first 12 months; will continue build out of manufacturing capabilities. Mgmt said that 1 infusion will cost $31k; complete course will cost $93k. and EPS of $1.65.

Square Tubes / Rectangle Tubes Tube is striped after rolling. Then it is unpacked, smoothed, curled, welded and rolled into square tube. Subsequently, it is cut into needed measurements. It is used in engineering construction, glass curtain wall, door and window decoration, steel structure, etc. We can also supply weathering/high strength steels on request.