Light behind a bushel.

Hiding my light behind a bushel isn’t going to bring me much luck in the future. Same is with the Mordashov (Severstal) and “Miguel” Trichet (CEB). To start with, I can begin wondering what exactly he (my double) was doing with his Chinese Eltzen in late 80s. Or how I am having the price for different sorts of steel roughly 100-120 dollars less that the generally accepted price of resell in European Markets – and do nothing. Can also think about Mechel artificial problems and translate this in absolute incapacity of Kremlin ass-holes with theirs body-guards pissing below my window. Or, how Putin was in difficulties to suck anything from this cow. Now is place of Medvedev to do the same. (At morning black piss at the corner of my back-yard). But, go to prefer to opt for “Do it again”. And than, again, and again… The more I do it, the more “only me” will see the difference. Unnecessary to remember, I speak here about Rio Tinto’s 15 billion, about the Kryvorizhstal, about the 30 000 strong hiccups of China in Urumqi and Jianlong… Think Mittal’s Tony Blair about the way in which rain can gradually erode any rock. Not overnight not even over years, but over decades. Only highly observant types will sense or perceive my authority. Even when Smolensky with Medvedev hit me at my neck to wake me up (?) at today morning. Maybe because the Regional Cabinets of ongoing piggy faces from Brussels and Strasburg are in deep shit-hole? The dream was about me driving dark-blue BMW to up the hill like a crazy. In high velocity I am with loud bang hitting the enormous pot-hole... Was in the Avenida das Forças Armadas (I.e. the Outkumptu “from” Northern Stream). Nearby the Lisbon’s Hospital the Santa Maria (i.e. Sarkozi and the Posco of Korea Parliament). Well my associates: Breath deep, stay light.

FSA extends suitability tests to cover traders July 26 2009 23:36(?) Up to 2,000 traders and managers in the UK could face extra checks and even interviews by the UK financial regulator to ensure they are fit and proper to do their job. Traders, bankers or managers who exert a significant influence over their company are set to face additional scrutiny from this week to ensure they are suitable and competent as the Financial Services Authority formalises its existing proposals to widen its “approved persons” regime. Sarkozi: It is the second time in two years the teetotal 4-year-old has been at the centre of a medical emergency. in october 2007, the day after his divorce from second wife cecilia, he was treated for a high fever and a throat abscess which needed surgery.

Arcelor ponders $3bn stainless steel spinoff July 26 2009 22:48. ArcelorMittal is exploring a joint venture spinoff of its stainless steel business, worth an estimated $3bn, in a sign that the world’s biggest steelmaker is contemplating scaling back in response to the recession. Driven on by Lakshmi Mittal, chairman and main owner, the group has expanded strongly in the past decade on the back of a string of acquisitions including the €26.9bn purchase of Arcelor of Luxembourg in 2006. However, Mr Mittal is weighing up whether the expansion programme might have gone too far in light of a downturn that is likely to leave the steel industry with overcapacity for years. ArcelorMittal was evaluating “various options” related to its stainless steel division but had “no intention” of disposing of the business completely. One company with which Mr Mittal has discussed a possible joint venture is Posco of South Korea, the sixth biggest steel company, which has a large stainless division. While the talks with Posco have not gone far, another joint venture candidate could be Outokumpu of Finland, one of Europe’s leading stainless steel companies. Posco said it was “not reviewing” ArcelorMittal’s stainless steel operations “at this stage”. Outokumpu did not comment. ArcelorMittal’s stainless steel business employs about 11,000 people and is likely to suffer a loss this year on the back of reduced demand. Almost all ArcelorMittal’s stainless steel business, with plants in France, Belgium and Brazil, came as part of Arcelor. The unit had sales of $8bn last year and earnings before interest, taxation, depreciation and amortisation of $900m. As part of any deal, some cuts in production in ArcelorMittal’s output in this part of its business would almost certainly be required. The most likely outcome would be job cuts in Belgium and France. Stainless is a relatively high-cost form of steel that is used in fields such as precision engineering, kitchen goods and car exhausts. However, the stainless part of the steel industry is regarded as being in a difficult position because of a high degree of overcapacity. Matthias Hellstern, an analyst at Moody’s ratings agency, said: “There will be some kind of recovery in the steel industry this year, and in 2010 but it will be quite weak. It . . . seems to me inevitable that steel producers such as ArcelorMittal will be wanting to look at the idea of reducing overall capacities.”