*To raise $1 bln from sale of corporate assets. July 23- Dow Chemical Co said it would raise about $1 billion from the sale of corporate assets such as rail cars and that it was reviewing joint ventures, part of a plan to raise as much as $6 billion through asset sales.» Read More
July 23- Freeport-McMoRan Inc reported second-quarter earnings on Wednesday that were little changed from a year earlier, and said it was "encouraged" by tax-related discussions with Indonesia. The company had cut production in Indonesia, which weighed on results in the quarter ended June 30, but company-wide, copper, gold and molybdenum production rose.
LONDON/ SYDNEY, July 23- Zinc held near a three-year peak on Wednesday with supply set to tighten while aluminum dipped from multi-month highs but could turn higher again as inventories fall and demand rises. But fundamentally there are questions, "said analyst Dominic Schnider of UBS Wealth Management in Singapore.
LONDON, July 23- Copper producer Kazakhmys will transfer some of its less-profitable assets to a private company owned by two of its shareholders as the company is broken up in an attempt to improve its performance.
July 23- Dow Chemical Co reported a better-than-expected quarterly profit as sales rose across its businesses and margins improved due to higher prices and a tight control on costs.
July 23- Dow Chemical Co said its second-quarter net profit fell 62 percent from a year earlier, when it received $2.2 billion in damages from Kuwait's state chemical company for pulling out of a petrochemical venture in 2008..
SYDNEY, July 23- London zinc and aluminum were poised near recent 3- year and 17- month peaks respectively on Wednesday on renewed interest from investors, but given a seasonal slowdown in demand, traders wondered just how much further prices could run.
SYDNEY, July 23- Brazil's BTG Pactual has received a green light from the London Metal Exchange to set up warehousing operations in Singapore, marking the investment bank's first foray into Asia as builds out its physical metals business.
SYDNEY, July 23- London zinc and aluminium were poised near recent 3 year and 17- month peaks respectively on Wednesday on renewed interest from investors, but given a seasonal slowdown in demand, traders wondered just how much further prices could run.
*Copper, metallurgical coal output also set to rise in FY2015. SYDNEY, July 23- BHP Billiton beat its own guidance for full-year iron ore output, saying it mined a record 225 million tonnes in fiscal 2014, 4 percent ahead of its forecast, leading productivity gains across a number of businesses.
NEW YORK, July 22- Egypt's steel companies have filed a petition against rebar and wire rod imports from China, Turkey and Ukraine, one of its top steelmakers said on Tuesday, the latest move in a years-long quest to protect the fledging industry from low-priced imports. "How can rebar and wire rod enter Egypt with zero customs?
NEW YORK— Shares of some top chemicals companies were mixed at the close of trading:. Dow Chemical Co. rose$. 44 or. 8 percent, to $52.30. DuPont Co. fell$. 59 or. 9 percent, to $64.95.
Hecla Mining Co. fell$. 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 $26.49.
Arch Coal rose$. 01 or. 3 percent, to $3.00. Consol Energy Inc. fell$. 12 or. 3 percent, to $40.76. Peabody Energy fell$. 14 or. 9 percent, to $15.18.
BluePhoenix Solutions Ltd.: Approximately 49,600 shares changed hands, a 1,594.8 percent increase over its 65- day average volume. The shares rose$. 04 or 1.0 percent to $3.97. China Shengda Packaging Group: Approximately 158,000 shares changed hands, a 1,563.7 percent increase over its 65- day average volume.
*Beijing trying to end years of support for bloated sector's such as steel. TANGSHAN, China, July 23- In Tangshan, a polluted industrial Chinese city that produces more steel a year than the entire United States, the Xinming Steel Pipe Plant shut earlier this month leaving more than 400 workers and a host of creditors unpaid.
Arch Coal rose$. 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 $15.52.
NEW YORK— Shares of some top gold companies are mixed at 1 p.m.:. Barrick Gold Corp. fell$. 23 or 1.2 percent, to $18.87. Newmont Mining Corp. rose$. 04 or. 2 percent, to $25.40.
NEW YORK— Shares of some top chemicals companies are mixed at 1 p.m.:. Dow Chemical Co. rose$. 40 or. 8 percent, to $52.26. DuPont Co. fell$. 24 or. 4 percent, to $65.30.
Pan American Silver Corp. fell$. 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.
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.
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