NEW YORK, July 22- Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said on Tuesday, the latest move in a years-long quest to protect the fledging industry from low-priced imports. "How can rebar and wire rod enter Egypt with zero customs?» Read More
Hecla Mining Co. fell$. 03 or. 9 percent, to $3.25. Silver Standard Resources Inc. fell$. 22 or 2.3 percent, to $9.18. Silver Wheaton fell$. 22 or. 8 percent, to $26.49.
*Beijing trying to end years of support for bloated sector's such as steel. TANGSHAN, China, July 23- In Tangshan, a polluted industrial Chinese city that produces more steel a year than the entire United States, the Xinming Steel Pipe Plant shut earlier this month leaving more than 400 workers and a host of creditors unpaid.
Arch Coal rose$. 03 or. 8 percent, to $3.02. Consol Energy Inc. rose$. 11 or. 3 percent, to $40.99. Peabody Energy rose$. 20 or 1.3 percent, to $15.52.
Pan American Silver Corp. fell$. 10 or. 7 percent, to $15.03. Silver Standard Resources Inc. fell$. 17 or 1.8 percent, to $9.23. Silver Wheaton fell$. 07 or. 3 percent, to $26.64.
NEW YORK— Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. rose$. 40 or. 8 percent, to $52.26. DuPont Co. fell$. 24 or. 4 percent, to $65.30.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 23 or 1.2 percent, to $18.87. Newmont Mining Corp. rose$. 04 or. 2 percent, to $25.40.
JAKARTA, July 22- Indonesia's new president Joko "Jokowi" Widodo said he wants to sit down with mining companies and other parties in a bid to resolve a row over mining policies that has halted $500 million of metal exports a month in Southeast Asia's biggest economy.
*Mozambique coal ambitions face setback in depressed market. MAPUTO, July 22- A Thai-Mozambican consortium has set a 2018 target to commission a $4.5 billion coal export railway and port terminal project in central Mozambique, but the depressed global coal prices outlook made the timing "tough", the company's president said.
*China output near record levels, CIS growth strong. China produces around half the world's steel, but output growth remained strong at 3.6 percent in North America and at 1.8 percent in the CIS- the third and fourth-largest producing regions after Asia.
July 22- Coal miner Peabody Energy Corp reported a smaller-than-expected quarterly loss, helped by stronger price realizations in the United States and higher sales volumes in Australia.
Hecla Mining Co. fell$. 01 or. 2 percent, to $3.28. Pan American Silver Corp. fell$. 07 or. 5 percent, to $15.06. Silver Standard Resources Inc. fell$. 06 or. 7 percent, to $9.34.
NEW YORK— Shares of some top chemicals companies are mixed at 10 a.m.:. Dow Chemical Co. rose$. 19 or. 4 percent, to $52.05. DuPont Co. fell$. 40 or. 6 percent, to $65.14.
NEW YORK— Shares of some top gold companies are mixed at 10 a.m.:. Barrick Gold Corp. fell$. 15 or. 8 percent, to $18.95. Newmont Mining Corp. rose$. 04 or. 2 percent, to $25.40.
Arch Coal unchanged at $2.99. Consol Energy Inc. rose$. 24 or. 6 percent, to $41.12. Peabody Energy rose$. 31 or 2.0 percent, to $15.63.
SOUTH PORTLAND, Maine— With a potential lawsuit targeting a decision to ban tar sands oil in South Portland, the governor's energy chief said Tuesday that he hopes the state can eventually have a conversation about managing the flow of petroleum products rather than having it decided locally.
July 22- Chemicals maker DuPont forecast lower-than-expected operating earnings for the current quarter and warned of a loss in its agriculture unit as weak farm sales constrain both profit and revenue. DuPont has made a big push into agriculture, energy and specialty materials to insulate itself from more volatile businesses.
July 22- Coal miner Peabody Energy Corp reported a 2 percent rise in quarterly revenue, helped by an increase in shipments and prices at its mining operations in western U.S. states such as Wyoming, Colorado and Montana.
July 22- Chemicals maker DuPont forecast weaker-than-expected operating earnings for the current quarter after weak agriculture sales constrained both profit and revenue. DuPont forecast operating earnings of $1.25- $1.35 per share for the second half of the year, and said it expected to realize 40 percent of those earnings in the third quarter.
July 22- Chemicals maker DuPont's quarterly profit inched up 4 percent and raised its quarterly dividend for the third time in the last 27 months. Net income attributable to DuPont rose to $1.07 billion, or $1.15 per share, in the second quarter ended June 30, from $1.03 billion, or $1.11 per share, a year earlier.
*Rising output, sluggish demand have created excess of coal. LONDON, July 21- The global market for seaborne thermal coal will be oversupplied by around 10 million tonnes this year, keeping prices below profitable levels for most coal producers well into 2015 or longer and forcing more mines to close.
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