Steel Producers
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SYDNEY/ MELBOURNE, May 7- Rio Tinto, the world's No.2 iron ore miner, is set to press on with plans to boost production at its Australian mines by a quarter by 2015, shrugging off pressure to slow spending and conserve cash as the commodity boom cools.
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FRANKFURT, May 6- ThyssenKrupp is putting its railway and construction operations up for sale, Germany's biggest steelmaker said on Monday.
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May 6- The following are excerpts from the consolidated earnings results of Hoa Phat Group, one of Vietnam's biggest listed steel makers by market value, in the first quarter of 2013:. Unit: million dong Item Q1 2013 Q1 2012 Revenues 3,995,878 4,143,971 Gross profit 572,218 244,353 Net profit 480,512 200,048 NOTE:.
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SHANGHAI, May 6- Shanghai steel futures rose more than 1 percent on Monday, tracking a broad rally in commodities markets fueled by strong U.S. employment data, though concerns about steel demand in top user China persisted.
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*Munger: Apple is very different than Berkshire. OMAHA, Neb., May 3- Warren Buffett's Berkshire Hathaway Inc would be "stark raving mad" to rule out another giant acquisition like its 2009 Burlington Northern takeover, but high prices have now made attractive targets scarce, its vice chairman said on Friday.
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**RADCOM LTD, $4.05, up 53 pct. **DELCATH SYSTEMS INC, $0.43, down 45 pct. **LINKEDIN CORP, $181.69, down 10 pct.
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**RADCOM LTD, $4.05, up 53 pct. **DELCATH SYSTEMS INC, $0.43, down 45 pct. **LINKEDIN CORP, $181.69, down 10 pct.
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**RADCOM LTD, $4.05, up 53 pct. **DELCATH SYSTEMS INC, $0.43, down 45 pct. **LINKEDIN CORP, $181.69, down 10 pct.
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**RADCOM LTD, $4.05, up 53 pct. **LINKEDIN CORP, $181.69, down 10 pct. The U.S. Justice Department is suing the company and its hospice subsidiaries, including the biggest U.S. for-profit hospice chain, alleging false billings for Medicare hospice services.
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*Cap hike of $750 mln for Brazil plant considered- source. FRANKFURT, Germany, May 3- Germany's ThyssenKrupp is considering keeping a stake in Brazilian steel mill CSA, which would force it to inject more money into the business, a person familiar with the matter said. "One of the options that has emerged is that ThyssenKrupp would sell a one-third stake to CSN.
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*Iran seen years away from steel self-sufficiency. LONDON, May 3- China, Russia and Kazakhstan are among the few trade allies still providing a lifeline to Iran's vital steel and iron ore sector after most Western suppliers and buyers have cut ties due to growing sanctions pressure.
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*Iran seen years away from steel self-sufficiency. LONDON, May 3- China, Russia and Kazakhstan are among the few trade allies still providing a lifeline to Iran's vital steel and iron ore sector after most Western suppliers and buyers have cut ties due to growing sanctions pressure.
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BRUSSELS, May 3- European steel demand will fall by more than previously expected this year after weakness hit both the automotive and construction sectors in the first few months, steel industry body Eurofer said on Friday. Eurofer said in a statement that demand had fallen in the first quarter of the year despite some moderate restocking of inventories.
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The C $127.6 billion plan walks a fine line between gradually bringing down Ontario's deficit while implementing the Liberal Leader's "fair society" package of social legislation.
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Shares in German steelmaker ThyssenKrupp rise 4.9 percent, making them the second-biggest gainers on Germany's blue-chip index, following a broker upgrade and comments on talks to sell Steel Americas.
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A benchmark rate cut by the European Central Bank overnight triggered a broad rebound overseas after worries over slower growth in the United States and China fuelled a sell-off from the start of May. The most active rebar futures for October settlement on the Shanghai Futures Exchange edged up about 1 percent to 3,581 yuan a tonne by the midday break.
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**RADCOM LTD, $4.05, up 53 pct. **LINKEDIN CORP, $181.69, down 10 pct. The U.S. Justice Department is suing the company and its hospice subsidiaries, including the biggest U.S. for-profit hospice chain, alleging false billings for Medicare hospice services.
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SINGAPORE, May 3- The Bank of Korea is making a big mistake by not cutting interest rates more aggressively. A weaker Japanese yen and tepid global demand are squeezing the country's exporters from Hyundai Motor to steelmaker Posco. The Bank of Korea last reduced its base rate by a quarter percentage point to 2.75 percent last October.
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A benchmark rate cut by the European Central Bank overnight triggered a broad rebound overseas after worries over slower growth in the United States and China fuelled a sell-off from the start of May. It earlier hit a session low of 3,545 yuan a tonne, not far from the 3,530 yuan trough on Thursday, the weakest since Sept. 7.
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CAIRO, May 2- Ezz Steel, Egypt's biggest steel maker, said its 2012 net profit fell by more than half from the previous year to 250.4 million Egyptian pounds.