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Materials and Metals Metals and Mining

  • SHANGHAI, April 12- China stocks slid on Wednesday, as softer producer inflation data raised questions on the sustainability of the country's economic recovery and some shares that had rallied on plans for a new economic zone lost steam. China's producer price inflation cooled for the first time in seven months in March as iron ore and coal prices tumbled,...

  • MELBOURNE, April 12- London copper eased on Wednesday amid heightening geopolitical tensions with North Korea, but held above two-week lows hit in the previous session on hopes demand will heat up during the second quarter. North Korean state media warned on Tuesday of a nuclear attack on the United States at any sign of American aggression, as a U.S. Navy strike...

  • BEIJING, April 12- China's producer price inflation cooled for the first time in seven months in March as iron ore and coal prices tumbled, pressured by fears that Chinese steel production is outweighing demand and threatening a glut of the metal later this year. A renaissance in China's steel industry has been a major driver of the world's second-largest...

  • BEIJING, April 12- China's producer price inflation cooled for the first time in seven months in March as iron ore and coal prices tumbled, pressured by fears that Chinese steel production is outweighing demand and threatening a glut of the metal later this year. A renaissance in China's steel industry has been a major driver of the world's second-largest...

  • LAUNCESTON, Australia, April 12 (Reuters)- When activist shareholder Elliott Advisors went public with its call to restructure BHP Billiton, it was most likely aware that the world's largest mining company would reject the plan. Elliott, which manages more than $32.7 billion and holds about 4.1 percent of BHP's London- listed shares, wants the company to end its...

  • MELBOURNE, April 12- London copper eased on Wednesday amid heightening geopolitical tensions with North Korea, but held above two-week lows hit in the previous session on a healthy demand outlook. *SHFE COPPER: Shanghai Futures Exchange copper traded flat at 46,840 yuan a tonne. *NORTH KOREA: North Korean state media warned on Tuesday of a nuclear attack on the...

  • BEIJING, April 12- China's producer price inflation cooled for the first time in seven months in March as iron ore and coal prices tumbled, pressured by fears that Chinese steel production is outweighing demand and threatening a glut of the metal later this year. A renaissance in China's steel industry has been a major driver of the world's second-largest...

  • WASHINGTON, April 11- The U.S. Commerce Department said on Tuesday that after an administrative review it has found South Korean steel producers have been dumping oil country tubular goods and has responded by imposing duties ranging from 2.76 percent to 24.9 percent.

  • NEW DELHI, April 11- India's top court ruled on Tuesday that Adani Power Ltd cannot charge its customers more to cover a surge in the cost of imported coal, overturning a decision by a power regulator in December. Both Adani Power and competitor Tata Power- which was also party to the ruling although it was not mentioned directly in it- struck long-term deals in the...

  • LONDON, April 11- Copper steadied on Tuesday after hitting a two-week low as the world's top two copper mines continue to recover from recent disruptions, while zinc fell to a new three-month trough. Copper has faltered after BHP Billiton restarted production in Chile last week and Freeport McMoRan said it was waiting for final details on a temporary export...

  • NEW DELHI, April 11- India's top court ruled on Tuesday that Adani Power Ltd cannot charge its customers more to cover a surge in the cost of imported coal, overturning a decision by a power regulator in December. Both Adani Power and competitor Tata Power- which was also party to the ruling although it was not mentioned directly in it- struck long-term deals in the...

  • BOSTON, April 11- Crude oil edged back from a five-week high on Tuesday as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states. Brent crude, the international benchmark for oil, was down 33 cents from its previous close at $55.55 per barrel at 11:38 a.m. EDT. West Texas Intermediate...

  • LONDON, April 11- Crude oil edged back from a five-week high on Tuesday, as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states. Brent crude, the international benchmark for oil, was down 45 cents from its previous close at $55.53 per barrel at 1425 GMT. "Geopolitical tensions are bad...

  • LONDON, April 11- Copper steadied on Tuesday after hitting a one-week low, as the world's top two copper mines continue to recover from recent disruptions, while zinc fell to a new three-month trough. Copper has faltered since BHP Billiton restarted production at the Escondida mine in Chile last week and Freeport McMoRan said it was waiting for final details on a...

  • LONDON, April 11- Crude oil edged back from a five-week high on Tuesday, as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states. Brent crude, the international benchmark for oil, was down 8 cents from its previous close at $55.90 per barrel at 1225 GMT. West Texas Intermediate fell by 9...

  • LONDON, April 11- Crude oil edged back from a five-week high on Tuesday, as rising U.S. shale oil production weighed against support from tensions in the Middle East and production cuts in OPEC and other states. Brent crude, the international benchmark for oil, was down 10 cents from its previous close at $55.88 per barrel at 1051 GMT. West Texas Intermediate fell by...

  • *China mine capacity graphic: http://tmsnrt.rs/2oj61v8. LONDON, April 11- Expected shortages of zinc, a metal often favored by speculators, may not materialize this year because recent price gains have spurred miners around the world to increase output. "There's a lot of optimism, but we think a lot of it is misplaced," Claire Hassall of consultancy CHR Limited told...

  • Copper has faltered since BHP Billiton resumed shipments from its Escondida mine in Chile last week and Freeport McMoRan said it was waiting for final details on a temporary export permit in Indonesia. "There's no real demand growth indicated by imports from China," he added. *COPPER: London Metal Exchange copper edged up 0.2 percent to $5,760 a tonne by 1256 GMT,...

  • LONDON, April 11- Gold rose on Tuesday as investors sought assets seen as havens from risk as political and security tensions rose over North Korea, the Middle East and the looming French election. Spot gold inched up 0.15 percent to $1,256.10 per ounce by 0935 GMT, while U.S. gold futures rose 0.5. Heightened tensions in the Korean peninsula and Middle East...

  • April 11- Hong Kong stocks closed at a four-week low on Tuesday geopolitical tensions involving North Korea and the Middle East hurt risk appetites. The benchmark Hang Seng index dropped 0.7 percent at the close, to 24,088.46, while the Hong Kong China Enterprises Index lost 0.9 percent, to 10,165.98. Coal prices slumped nearly 4.8 percent on Tuesday, weighing on...