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  • LONDON, March 21- European shares fell on Monday, as a decline in the share prices of major mining stocks and in French supermarket operator Casino weighed on the region's stock markets. The pan-European FTSEurofirst 300 index and the euro zone's blue-chip Euro STOXX 50 index were both down by 0.7 percent. However, Bayer's shares rose after people familiar with...

  • SHANGHAI, March 21- Bohai Steel Group Co Ltd, a steelmaker based in northeast China, may be unable to make full repayment on 192 billion yuan of debt, the online financial magazine Caixin reported. The city government of Tianjin, which owns the firm, has set up a committee of creditors to help resolve the problem, Caixin said on Saturday. Creditors include the Tianjin...

  • MELBOURNE, March 21- London copper rose on Monday, moving toward the four-month high reached in the previous session, underpinned by expectations that U.S. and European central banks will keep loose monetary policies and amid stronger seasonal demand. Meanwhile copper shipments have streamed into China, boosting stockpiles to record levels, even as its...

  • SHANGHAI, March 21- Bohai Steel Group Co Ltd, a steelmaker based in northeast China, may be unable to make full repayment on 192 billion yuan of debt, the online financial magazine Caixin reported. The city government of Tianjin, which owns the firm, has set up a committee of creditors to help resolve the problem, Caixin said on Saturday. Creditors include the Tianjin...

  • MELBOURNE, March 21- London copper eased on Monday from its highest in more than four months hit the session before, but was underpinned by expectations of loose policy for longer in the United States and Europe and a period of stronger seasonal demand. *Three-month copper on the London Metal Exchange had slipped 0.1 percent to $5,039 a tonne by 0120 GMT, paring...

  • KINSHASA, March 19- Mining and oil firms in Democratic Republic of Congo must pay taxes and import duties in U.S. dollars from Saturday rather than in the national currency, the Central Bank of the Congo said. Congo is Africa's top producer of copper, and mining is key to an economic boom that has seen growth rates of 8 percent for five years, among the highest in the...

  • March 18- United States Steel Corp said it would idle plants and lay off workers in Alabama, Ohio and Texas as it tries to keep a lid on costs to tackle a steep fall in steel prices. The company said the layoffs could impact 650 union and 120 non-union workers at Fairfield Tubular in Alabama, Lone Star Tubular in Texas and Lorain in Ohio, along with its Oilwell Services...

  • SAO PAULO, March 18- The board of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA decided on Friday to call a shareholder meeting on April 18 to discuss a 1 billion-real capital increase proposed by Japan's Nippon Steel& Sumitomo Corp, two sources with knowledge of the decision said. The Brazilian company's controlling shareholders, Nippon Steel...

  • *Coming Up: Univ of Michigan sentiment index Mar at 1400 GMT. LONDON, March 18- London copper held steady at a four-month high on Friday after the dollar slid on a tempered agenda for U.S. interest rate rises while a revival in Chinese house prices supported the bullish case for a recovery in metals demand. "We think the recent rally in metals prices reflects a more...

  • What's the outlook for commodities?

    The CEOs of some of the world's largest mining companies share their outlook for commodity prices.

  • Are commodity prices improving?

    Paul Gait, senior research analyst at Bernstein Research, shares his outlook for commodity prices and says there are signs the cycle is improving.

  • MELBOURNE, March 18- London copper hit its highest since November on Friday after the dollar was pummeled as the U.S. tempered an aggressive rate hike, while a revival in China house prices fueled hopes for a recovery in metals demand. *Three-month copper on the London Metal Exchange was trading up half a percent at $5,095 a tonne by 0220 GMT, adding to 2.7- percent...

  • TORONTO, March 17- Canada's main stock index rose on Thursday as higher oil prices supported energy stocks, while the heavyweight financial and materials sectors also gained. The most influential gainers on the index included Royal Bank of Canada, which rose 0.4 percent to C $74.91, and Canadian Natural Resources, which advanced 1 percent to C $36.58.

  • NEW DELHI, March 17- India imposed quality standards on steel products sold in the country on Thursday, but delayed bringing auto-grade steel imported by car makers under the ambit of the new order by six months. Indian car makers import about 1 million tonnes of high-tensile steel annually, mainly from Japan and South Korea, and had sought an extension to avoid...

  • NEW DELHI, March 17- India imposed quality standards on steel products sold in the country on Thursday, but delayed bringing auto-grade steel imported by car makers under the ambit of the new order by six months. Indian car makers import about 1 million tonnes of high-tensile steel annually, mainly from Japan and South Korea, and had sought an extension to avoid...

  • *Rio Tinto CEO Sam Walsh to retire July 1. SYDNEY, March 17- Rio Tinto has named its copper and coal division head, Jean-Sébastien Jacques, as its chief executive, replacing veteran Sam Walsh and marking a shift for the Anglo-Australian mining major that has long focused on iron ore. The 44- year old Jacques, praised by analysts for running tough assignments such as...

  • Rio Tinto said chief executive Sam Walsh would retire July 1, and would be replaced by copper and coal division head Jean-Sebastien Jacques.

  • MELBOURNE, March 17- Glencore and five other miners backing the world's most expensive coal port in Australia face extra annual charges of A $150 million after the restructuring of one of their partners this month, the latest to buckle under slumping commodity prices. The additional charge will deal a blow to the remaining backers of the A $2.6 billion Wiggins...

  • An employee walks past coal washing flotation cells, manufactured by Jameson Cells, a unit of Glencore Xstrata

    The Switzerland-based commodities producer and trader hopes to fetch as much as $1.1 billion for its GRail business.

  • MELBOURNE, March 17- London copper popped back above the $5,000 mark on Thursday after U.S. monetary officials flagged fewer rate hikes this year because of a fragile global economy, knocking the dollar and boosting the value of commodities. *Three-month copper on the London Metal Exchange traded at $5,000 a tonne by 0117 GMT, up 1.5 percent after closing a tad...