STORY OF THE WEEK

2013-04-14T00:00:00Z STORY OF THE WEEK nwitimes.com
April 14, 2013 12:00 am

Steel futures bring transparency, efficiency to market

This February, with a four-year track record to build on, U.S. Midwest hot-rolled coil futures set a monthly volume record of 6,619 contracts on the NYMEX exchange, according to CME data.

Local residents report disturbing student loan debt trends

Last year, outstanding student loans soared to nearly $1 trillion — a 300 percent jump since 2003. With an average debt per student of $27,500 in 2011, Indiana ranked 11, according to The Institute for College Access & Success.

Russian steelmakers to focus on reducing costs

In July, the steelmaker, also known as MMK, launched the second line at its newly built plant called Mill 2000, which supplies cold-rolled steel for the country’s burgeoning car industry. This will make MMK a global supplier of steel sheet for car manufacturing, said Industry and Trade Minister Denis Manturov, who visited the plant in July.

Wanted: Manufacturing jobs with higher wages

Each of the 150,700 jobs directly in the domestic steel industry has a multiplier effect of 6.8. Put a different way, activities by a single worker in a melt shop at NLMK in Portage help provide for nearly seven other jobs.

Valpo-based website connects caregivers, those in need of care

A long-time Valparaiso University professor has launched a web-based company that links caregivers with those in need of care. Kristen Mauk, an expert in gerontological and rehabilitation nursing, developed Senior Care Central LLC, found at www.seniorcarecentral.net, out of her home-based Valpo office.

NWI economy may finally catch recovery wave

Northwest Indiana could begin to feel the effects of the national economic recovery in six months, with the NWI Leading Index forecasting weak but positive growth ahead, according to Micah Pollak, an assistant professor of economics at IU Northwest.

State revokes Hammond day care's license after finding 117 violations

The Indiana Bureau of Child Care has revoked a Hammond child care center's license after state inspectors documented 117 violations, state records show.

FOR MORE ON THESE, VISIT NWI.COM.

Edited by Matt Sharp, Business Contributor

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