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  • One of the industrial metals most associated with the boom years in China has been hit hard by the country's lurch away from its previous fixed-asset investment growth model. Copper is some way off its 2008 trough below $3,000, although that may only encourage more bear attacks, particularly in China, where shorting metals has become the hot trade for...

  • LONDON, Dec 17- Zinc prices sunk to the lowest levels in nearly 6-1/ 2 years on Thursday and other industrial metals also fell as the dollar firmed after the first U.S. rate increase in nearly a decade. "Today's dollar strength is having an impact on base metals, but what is definitely surprising me is that zinc prices are under so much pressure when the Century mine is...

  • *Palladium drops nearly 3 pct. LONDON, Dec 17- Gold fell on Thursday, as the dollar surged after the Federal Reserve increased U.S. interest rates for the first time in nearly a decade and hinted at more increases in 2016.. Gold has slumped nearly 10 percent this year so far, largely on uncertainty around the timing of the rise and on fears that higher rates would hit...

  • LONDON, Dec 16- Copper edged up on Wednesday from a one-week low hit in the previous session as a dollar rally petered out and metals investors covered short positions ahead of a widely anticipated U.S. interest rate rise. She added, however: "I think prices could lift from here, there are some supply constraints... the China data is not major a disaster, there are a few...

  • MOSCOW, Dec 16- Indebted Russian steel and coal producer Mechel posted a net loss of $773 million in the third quarter of 2015 due to a weaker rouble, it said on Wednesday. Mechel, controlled by businessman Igor Zyuzin, had to delay its debt repayments after a decline in coal and steel prices put an end to its strategy of borrowing heavily to finance investments.

  • HONG KONG, Dec 16- Private equity firm TPG Capital Management has sold Chinese company HCP Packaging to Baring Asia, returning $1.55 billion in total to investors in 2015, an annual letter to its limited partners reviewed by Reuters showed. But exiting some of these businesses has proven tough given extreme market volatility in Asia this year.

  • *Difficult for steelmakers to compete with cheap China exports. TOKYO, Dec 16- Japan's crude steel output in the fiscal year that starts next April is likely to be flat from this year at around 105 million tonnes, with growing local demand offsetting faltering exports, an industry body said on Wednesday. It also comes as steelmakers around the world grapple with...

  • NEW YORK, Dec 15- Ford Motor Co plans to launch a second line of aluminum-intensive trucks and Novelis Inc will supply the high-strength aluminum, Novelis said on Tuesday. Novelis said it expects to begin shipping product from its Oswego, New York, plant for the F-Series Super Duty truck line in spring 2016. Ford's first aluminum-body truck, the 2015 F-150, was...

  • NEW YORK, Dec 15- Ford Motor Co plans to launch a second line of aluminum-intensive trucks and Novelis Inc will supply the high-strength aluminum, Novelis said on Tuesday. Novelis said it expects to begin shipping product from its Oswego, New York, plant for the F-Series Super Duty truck line in spring 2016. Ford's first aluminum-body truck, the 2015 F-150, was...

  • *Jiangxi copper, Antofagasta agree on 9 pct drop in fees. LONDON, Dec 15- Copper hit a week low on Tuesday as the dollar rallied and investors feared the first U.S. interest rate rise in nearly a decade could trigger a default among highly leveraged miners. China's factory output growth reached a five-month high in November, signalling a flurry of stimulus measures...

  • *M&A deals lift Faurecia and Sanofi. LONDON, Dec 15- European equities bounced back on Tuesday from sharp declines in the previous two sessions as energy stocks tracked higher crude oil prices and steel makers gained following a European Commission move on Chinese and Russian steel imports. BP, BG Group and Royal Dutch Shell rose 2.6 to 4.0 percent.

  • *M&A deals lift Faurecia and Sanofi. LONDON, Dec 15- European equities bounced back on Tuesday from sharp declines in the previous two sessions as energy stocks tracked higher crude oil prices and steel makers gained following a European Commission move on Chinese and Russian steel imports. BP, BG Group and Royal Dutch Shell rose 2 to 3.5 percent.

  • *Jiangxi copper, Antofagasta agree on 9 pct drop in fees. LONDON, Dec 15- Copper fell on Tuesday as caution prevailed ahead of the Federal Reserve's policy meeting this week, though signs that China's economy is stabilising put a floor under prices. China's factory output growth reached a five-month high in November, signalling a flurry of stimulus measures by...

  • *Gold down 9 pct this year in anticipation of hike. *GRAPHIC: Gold vs U.S. rates: http://reut.rs/1RNyAc0. LONDON, Dec 15- Gold bulls hoping an anticipated rise in U.S. interest rates will paradoxically boost the metal's price might just be disappointed, as the wider environment offers little to justify a rebound.

  • Dec 15- Arch Coal Inc, the second-largest coal miner in the United States, said it has chosen to extend by 30 days a $90 million in bond interest payments that was due on Tuesday. Arch Coal, struggling under strict regulation and plummeting coal prices, had said last month that it could follow its smaller peers into bankruptcy in the near term, even if current talks...

  • *Jiangxi copper, Antofagasta agree on 9 pct drop in fees. LONDON, Dec 15- Copper fell on Tuesday as caution prevailed ahead of the Federal Reserve's crucial policy meeting this week, though signs that China's economy is stabilising put a floor under prices. China's factory output growth reached a five-month high in November, signalling that a flurry of stimulus...

  • *Jiangxi copper, Antofagasta agree on 9 pct drop in fees. MELBOURNE, Dec 15- London copper dropped on Tuesday ahead of the Federal Reserve's crucial policy meeting this week, however, hopes for demand growth in top consumer China put a floor under prices. Prices have been trapped in range as traders cut risk ahead of the Fed meet; but a bearish trend may resume early...

  • Morgan Stanley analysts Joel Crane and Tom Price wrote in a report published on Dec. 11 that major iron ore miners now have an incentive to exercise market power. Iron ore supply is dominated by Brazil's Vale, followed by the giants of Western Australia's vast Pilbara deposits, Rio Tinto, BHP Billiton and Fortescue Metals Group. As these companies have added...

  • VANCOUVER/ TORONTO Dec 14- Private equity and pension funds may provide the next wave of funding to the slumping mining sector through metal streaming deals as dedicated funding sources struggle to raise their own cash, industry sources said. But the bumper deal-making year has reduced the coffers of dedicated stream funders like Silver Wheaton Corp, which...

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