Steel Producers


  • Australian miners shoveled record tonnages of iron ore in the December quarter, supported by billions of dollars worth of expansion plans coming on stream.

  • SYDNEY, Jan 16- Rio Tinto on Thursday recorded big increases in iron ore and other minerals it sells mainly to China, betting the country's massive economic growth will provide a ready market for decades to come.

  • *Liberia has medium-term plan to issue intn'l debt. LONDON, Jan 15- Liberia has "medium-term" plans to launch an international bond but will first seek a debt rating which it anticipates will be in the single-B category, the West African country's finance minister said on Wednesday.

  • FACTBOX-Companies with interests in Michoacan, Mexico Tuesday, 14 Jan 2014 | 4:15 PM ET

    Jan 14- Mexico's government on Monday pledged to take control of the violent western state of Michoacan after days of fighting between masked vigilantes and members of one of the country's most powerful drug cartels. Below is a list of companies with interests in Michoacan, based on filings with securities regulators and company information.

  • WASHINGTON, Jan 13- The United States increased pressure on China on Monday in a dispute over U.S. high-tech steel exports, accusing Beijing of not complying with a World Trade Organization directive to drop duties.

  • *ThyssenKrupp CEO to face shareholders at AGM on Jan. 17. FRANKFURT, Jan 12- Three years after taking the helm at ThyssenKrupp, Heinrich Hiesinger is running out of time to implement his ambitious plan to retool the 200- year-old German steelmaker as a high-tech engineering conglomerate.

  • DAMPALA, Indonesia, Jan 12- Hundreds of small Indonesian mines, like nickel miner Mobi Jaya Persada, are preparing for the worst after the government imposed a controversial mineral export ban on Sunday that could force them to close down.

  • *Coal, iron ore shipments climb by more than 10 pct. "We think the tougher regulatory environment, such as with the financing and pollution crackdowns, is going to... dampen the pace of imports in 2014," said Helen Lau, senior commodities analyst at UOB-Kay Hian in Hong Kong.

  • *China 2013 steel output surges 8 pct on year- CISA. SHANGHAI, Jan 10- China's iron ore imports dropped 5.7 percent in December, off the previous month's record-high, as slowing steel demand towards year-end curbed purchases of the steelmaking raw material in the world's top consumer.

  • SAN FRANCISCO, Jan 8- A California businessman accused of stealing DuPont trade secrets to help China is the victim of an "unholy alliance" between the chemical giant and U.S. authorities to wreck his company, his attorney said in federal court on Wednesday.

  • SAN FRANCISCO, Jan 8- Opening statements in a rare criminal economic espionage trial are expected to begin on Wednesday in a case where prosecutors accuse a U.S. citizen of conspiring to steal trade secrets from chemical giant DuPont for the benefit of a Chinese company.

  • --Clyde Russell is a Reuters market analyst. LAUNCESTON, Australia, Jan 8- Australia, the world's top shipper of iron ore and coal, has revised higher its forecasts for natural resource exports, but this isn't necessarily all good news for battered commodity investors.

  • SHANGHAI, Jan 7- Chinese imports of copper and iron ore likely fell in December from the month before due to a cash crunch and as growth momentum slowed, but shipments of crude oil are expected to have risen as some refineries restarted after maintenance.

  • BEIJING, Jan 3- Chinese steel production is moving from its heartland in Hebei province in the wake of government efforts to tackle pollution near Beijing, but Shanghai could be paying the price as steel mills around the commercial capital ramp up output.

  • Nucor a low cost producer: Pro     Thursday, 2 Jan 2014 | 2:13 PM ET

    Why Nucor makes a great stock pick in the steel industry right now, with Aldo Mazzaferro, Macquarie Securities.

  • Chinese trade fuels clash with Mexican drug cartel Wednesday, 1 Jan 2014 | 10:25 AM ET

    When the leaders of Mexico and China met last summer, there was much talk of the need to deepen trade. Down on Mexico's Pacific coast, a drug gang was already making it a reality.

  • LAZARO CARDENAS, Mexico, Jan 1- When the leaders of Mexico and China met last summer, there was much talk of the need to deepen trade between their nations.

  • SYDNEY, Dec 30- A tropical cyclone intensifying off northwestern Australia was on course to sweep across some of the world's largest iron ore mines after causing giant shipping ports to close. The most-traded iron ore futures May contract on the Dalian Commodity Exchange rose to a session high of 920 yuan, a level last seen on Dec. 17.

  • BEIJING, Dec 30- Growth in China's factory activity may have pulled back slightly in December, a Reuters poll showed, reinforcing views that the world's second-largest economy could lose some steam at the year end while Beijing is shifting its focus to structural reforms.

  • Steel to rebound in 2014?     Thursday, 26 Dec 2013 | 2:30 PM ET

    CNBC's Morgan Brennan reports steel is staged to benefit from an expected non-residential construction recovery in 2014.

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