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Steel Producers
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*Mozambique coal output small fraction of planned capacity. JOHANNESBURG/ LONDON, Jan 22- Rio Tinto has begun a review of its Mozambique coal mining operations which cost it a $3 billion write-off, reconsidering development plans, partners and its options for getting the coal from pit to port.
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LONDON, Jan 21- Commodity fund managers who performed well over the testing final quarter of 2012 believe metals commodities prices could do better than expected in early 2013 due to a combination of Chinese restocking and continued supply disruption.
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*Iron ore seen at average $125/ tonne in 2013 vs $128 in 2012. *China 2013 iron ore import growth to slow to 5 pct.
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--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Jan 21- It sounds logical that China's re-accelerating economic growth and industrial output are positive signals for commodity demand, but that's not necessarily the case.
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*Fortescue rail, port stake sale key to several deals. Plans by the world's fourth-largest iron ore miner, Fortescue Metals Group, to sell a minority stake in its port and rail unit in the Pilbara could provide the crucial link for at least four companies planning to start or expand production- Atlas Iron, Brockman Mining, BC Iron and Flinders Mines.
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ROME, Jan 19- Italian metal workers called off a strike at Europe's biggest steel plant on Saturday after an emergency meeting between government, unions and company management to save the ILVA factory from closure.
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SYDNEY, Jan 18- As Rio Tinto was edging closer to gaining majority control of little-known Mozambique coal explorer Riversdale Mining, the Anglo-Australian mining giant's chief executive Tom Albanese was convinced the $4 billion move was a sound one.
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Siderúrgica Nacional SA have emerged as leading bidders for steel mills ThyssenKrupp AG is trying to sell in the United States and Brazil, a source close to the deal said on Thursday.
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With over 1 billion tonnes of reserves in the ground- more than enough to supply the global steel industry for a year with coking coal- the miner plans to spend $1.3 billion to raise output sixfold in the next seven years, Andrei Churin said.
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*ThyssenKrupp shareholders' meeting due on Friday. FRANKFURT, Jan 16- Some ThyssenKrupp AG investors have seized on big losses and scandals to call for the German steelmaker's chairman to step down but he has the backing of the biggest shareholder.
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MOSCOW, Jan 15- NefteTransService, one of Russia's biggest private freight rail operators, hopes to raise around $500 million via a London listing, sources said, that it will then use to expand into Ukraine and Kazakhstan as the markets open up to competition.
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SYDNEY, Jan 15- Global miner Rio Tinto aims to boost iron ore output by 15 percent this year after production in 2012 climbed to 253 million tonnes, beating its own guidance, as resurgent Chinese demand drives a price recovery.
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SYDNEY, Jan 15- Rio Tinto said on Tuesday its iron ore production beat its own guidance to hit 253 million tonnes in 2012, as the miner cashes in on resurgent Chinese demand that has driven up prices in recent months.
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*WHEN: Jan 15, Jan 23, Jan 24 (Fortescue. Australia's two other major producers, BHP Billiton BLT.L> and Fortescue Metals Group, are also set to post strong quarterly performances when they report later this month.
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*Moody's set $5 bln debt reduction target in Aug. But Moody's cut the steelmaker's credit to junk status in November anyway, though Steve Oman, Moody's lead analyst for EMEA steel corporates, said the agency was then aware of ArcelorMittal's latest cash-raising efforts. Now Moody's says ArcelorMittal needs to cut more to avoid a further drop.
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--Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Jan 11- It's no surprise that iron ore is the current commodity market darling, given record Chinese imports, a jump of 82 percent in prices in just four months and a huge storm about to hit a major mining region.
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HONG KONG, Jan 11- Hong Kong shares could start slightly higher on Friday, ahead of China's December inflation data expected later in the day that is forecast to hit a 7- month high of 2.3 percent.
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China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy. Imports are at record levels.
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*Up to 15 pct of China's iron ore mines stay shut. SINGAPORE/ SHANGHAI, Jan 11- China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy.
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BRUSSELS, Jan 10- ArcelorMittal has raised a bigger-than-expected $4 billion selling shares and convertible bonds to strengthen its balance sheet, leaving the world's largest steelmaker better placed to cope with tough markets.