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  • Sept 30- Steel products maker Synalloy Corp and its U.S. competitors have urged regulators to apply anti-dumping duties on welded stainless pressure pipes from India, the company said. Imports of the pipes from India have increased at an "unbelievable rate" over the past three years at prices well below U.S. market prices, Synalloy said on Wednesday.

  • Sept 30- Steel products and chemical maker Synalloy Corp said it and other companies have urged U.S. regulators to apply anti-dumping duties on welded stainless pressure pipes from India. Synalloy said on Wednesday that imports of the pipes from India have increased at an "unbelievable rate" over the past three years at prices well below U.S. market prices.

  • LONDON, Sept 30- Austrian steelmaker Voestalpine said it expects the downturn in Chinese steel demand to last for some time, adding there will likely be more trade cases alleging China is dumping or exporting steel at below fair value. Demand for steel in China, which accounts for half of global consumption, fell 3.3 percent last year, shrinking for the first time...

  • LONDON, Sept 30- Copper surged nearly 4 percent to hit its highest in a week on Wednesday while nickel touched a two-week peak, as bearish investors closed out positions at the quarter-end and ahead of Chinese holidays. Three-month copper on the London Metal Exchange closed 3.8 percent higher at $5,160 a tonne after touching $5,192, the highest since Sept. 22.

  • UPDATE 2-South Africa's NUM union calls coal miners strike Wednesday, 30 Sep 2015 | 11:47 AM ET

    JOHANNESBURG, Sept 30- South Africa's National Union of Mineworkers said on Wednesday it would ask its members in the coal sector to strike after wage talks collapsed. Africa's most advanced economy, beset by power shortages, relies on coal for its electricity and is also a major exporter to Europe and Asia. A spokeswoman for the Chamber of Mines, which represents...

  • FRANKFURT, Sept 30- The London Metal Exchange, the world's biggest marketplace for base metals trade, expects to appoint at least five market makers to provide liquidity for its steel rebar and scrap contracts due to be launched in November. "I am confident we will have a minimum of five market makers for each of the two contracts," LME senior consultant Christian...

  • MEXICO CITY, Sept 29 (Reuters)- Mexico on Tuesday announced new levies for six months to protect its steel industry from a flood of low-priced imports from countries including China. China does not have such an agreement with Mexico. Mexico said earlier this month it would investigate whether China was dumping steel wire rod into the country following a request...

  • JOHANNESBURG, Sept 30- Angola's sovereign wealth fund is looking at opportunities in gold, copper and silver mining in sub-Saharan Africa as the continent's number two oil producer tries to diversify its sources of revenue, its chairman said on Wednesday. Jose Filomeno dos Santos, son of long-serving President Jose Eduardo dos Santos, also said fiscal...

  • LONDON, Sept 30- Copper hit the highest in a week on Wednesday while nickel touched a two-week peak as bearish investors closed out positions at the quarter-end and ahead of Chinese holidays. The market also got a boost from a bounce in the shares of hard-hit commodity group Glencore and from news about planned declines in production and inventories that may...

  • PRECIOUS-Gold heads for biggest quarterly loss in a year Wednesday, 30 Sep 2015 | 5:45 AM ET

    *Gold set for biggest quarterly drop since Q3 2014. *GRAPHIC: Gold vs platinum: http://link.reuters.com/xez92s. LONDON, Sept 30- Gold eased on Wednesday, staying on track for its biggest quarterly loss in a year as the dollar strengthened and the market awaited clarity on the timing of a hotly anticipated U.S. interest rate rise.

  • Shares in mining and trading firm Glencore, which plummeted on Monday on the back of sliding commodity prices, rose 6 percent after it sought to reassure investors over its debt situation. Britain's FTSE 100 was up 2 percent, and U.S. stock futures pointed to a rise of around 1 percent at the open on Wall Street. "The market is a bit oversold but there are still worries...

  • New Hope Corp buys 40 pct stake for $606 million. *Glencore still seen interested in remaining Rio coal stakes. SYDNEY/ MELBOURNE, Sept 30- Global miner Rio Tinto on Wednesday said it had agreed to sell its 40 percent stake in the Bengalla coal mine in Australia to New Hope Corp for $606 million, the latest shuffle of Australian coal assets amid a sector-wide downturn.

  • HONG KONG, Sept 30- Famed diamond supplier De Beers expects the value of its sales of the polished jewel in China may rise this year by just over a tenth of 2011' s surge, as the economy that has long bolstered global luxury goods heads for its weakest growth in 25 years. "The bridal business and the gifting business, particularly amongst younger consumers in China, is...

  • RPT-FACTBOX-Glencore's assets at a glance Wednesday, 30 Sep 2015 | 2:30 AM ET

    Sept 29- Mining and trading group Glencore has said it plans to sell assets as part of a wider plan to cut heavy debts built up through years of rapid expansion. Below are some of Glencore's assets. *Glencore says it plans to sell minority stakes in its agriculture assets, including infrastructure, to strategic investors.

  • MELBOURNE, Sept 30- London copper edged up on Wednesday as traders took heart from an output cut in Chile and a revival in Glencore shares, but volumes shrank ahead of a week-long break in top consumer China. *Glencore said on Tuesday it was strong enough to ride out current volatility in commodity markets, helping to lift the mining group's shares by a fifth.

  • SINGAPORE, Sept 30- Platinum slid for an eighth session out of nine on Wednesday to trade near its lowest since December 2008, and was headed for its biggest quarterly slump in seven years on fears of a demand fallout from the Volkswagen emissions scandal. *Platinum has been hit after revelations that Volkswagen AG falsified U.S. vehicle emission tests, which some...

  • LONDON, Sept 29- Alcoa is synonymous with aluminium. But aluminium has proved an unruly child for Alcoa. It's not hard to understand, therefore, why Alcoa has decided to split its integrated business model into two parts, the high value-add downstream business, recently boosted by the company's diversification into other modern-age metals such as titanium, and...

  • SANTIAGO, Sept 29- Chile's second-biggest copper mine Collahuasi, owned by Anglo American Plc and Glencore Plc, is planning to cut output by 30,000 tonnes, and with dozens of jobs on the line the mine's union said it is mulling how it will protest the move. The company did not state how many, but Collahuasi union leader Jose Vergara told Reuters that the company had...

  • *Platinum dips for seventh session out of eight. *Gold extends losses to third day. NEW YORK/ LONDON, Sept 29- Platinum prices fell below $900 an ounce on Tuesday for the first time since January 2009, hurt by fears that the Volkswagen emissions scandal would cut demand from carmakers, but later pared losses as bargain-hunting investors swooped in.

  • *Glencore says has positive cash flow. *Glencore says has secure funding access. JOHANNESBURG/ LONDON Sept 29- Glencore said on Tuesday it was strong enough to ride out current volatility in commodity markets which helped to lift the mining group's shares by a fifth.