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  • Vapor rises above Tata Steel's plant in Port Talbot, south Wales, on January 18, 2016.

    The British steel industry suffered a blow as Tata confirmed fears that it was about to put its UK business up for sale, reports the Financial Times.

  • MUMBAI, March 30- India's Tata Steel, Britain's largest steelmaker, is considering the sale of its entire UK business to stem heavy losses, a move that would draw a line under its almost decade-long foray into Britain. After a marathon board meeting in Mumbai, the Indian steel giant said in a statement in the early hours of Wednesday that the financial performance...

  • The "Fast Money" traders give their final trades of the day.

  • TORONTO, March 29- Canada's main stock index rose on Tuesday, reversing earlier losses as dovish comments from Federal Reserve Chair Janet Yellen helped support gold mining stocks. The Fed's cautious stance is "great for asset prices for now and as an asset manager we are going make sure we take advantage," said Diana Avigdor, head of trading at Barometer Capital...

  • NEW YORK/ LONDON, March 29- Gold jumped over 1 percent on Tuesday after comments from U.S. Spot gold rose 1.4 percent to $1,238.21 an ounce by 12:52 p.m. EDT, recovering from Monday's one-month low of $1,208.15. U.S. gold futures for April delivery were up $17.50 an ounce at $1,237.60.

  • LONDON, March 29- Gold rose on Tuesday as a retreat in the dollar prompted buying ahead of a speech by Federal Reserve chair Janet Yellen, which will be closely watched for clues on U.S. monetary policy. Spot gold was up 0.6 percent at $1,227.41 an ounce by 1333 GMT, after touching a one-month low of $1,208.15 an ounce on Monday. U.S. gold futures for April delivery were...

  • LONDON, March 29- European stock markets were steady on Tuesday, as a rise in insurance shares offset weaker commodity-linked stocks, which fell in tandem with lower metals and oil prices. Across Europe, Germany's DAX slipped 0.1 percent while France's CAC advanced 0.4 percent. Mining stocks including Glencore and Anglo American fell, tracking a decline in...

  • *Dongbei Special Steel Group misses payment on short-term debt. SHANGHAI, March 29- Dongbei Special Steel Group Co Ltd, an unlisted steel manufacturer based in northeast China, has missed a payment on an 800 million yuan short-term note several days after the group's chairman was found dead in an apparent suicide. In a separate statement on Friday, Dongbei said...

  • LONDON, March 29- European equities climbed higher in early trading on Tuesday, with the market catching up after a long weekend while mining stocks tracked stronger metals prices. The STOXX Europe 600 Basic Resources index rose more than 1 percent as metals prices climbed, helped by a weaker dollar which makes metals more affordable for investors holding...

  • SHANGHAI, March 29- Dongbei Special Steel Group Co Ltd, an unlisted steel manufacturer based in Northeast China, missed a payment on an 800 million yuan short-term note which matured over the weekend, the Shanghai Clearing House said in a statement on its website. "The news should be basically priced in already," said a bond trader at a commercial bank in Shanghai.

  • SHANGHAI, March 29- Dongbei Special Steel Group Co Ltd, an unlisted steel manufacturer based in Northeast China, missed a payment on an 800 million yuan short-term note which matured over the weekend, the Shanghai Clearing House said in a statement on its website. The firm had previously warned Friday evening that it might be unable to pay on time, citing tough...

  • March 28- Brazil will produce 32.9 million tonnes of raw steel in 2016, 1 percent less than last year, as the sector wrestles with an historic slump in demand amid the worst recession in a generation, the Brazil Steel Institute said on Monday. Steel sales for the year are expected to fall 4.1 percent, to 17.4 million tonnes, President Marco Polo de Mello Lopes told...

  • A March 16 executive order by President Barack Obama allows the United States to blacklist anyone found to be operating in North Korea's mining sector or to have purchased metal from its government- even indirectly through a third-country supplier. U.S. Securities and Exchange Commission filings show 25 companies, including Pitney Bowes Inc, Winnebago...

  • *China aluminum stocks down to 870,000 T as of March 25- CRU. MANILA, March 28- Aluminum futures in China climbed to the highest in six months on Monday, supported by a pickup in seasonal demand and tighter supply following production curtailments in the world's top producer. Stocks of aluminum ingots at major warehouses across China fell to 870,000 tonnes as of...

  • SHANGHAI, March 25- Dongbei Special Steel Group Co Ltd may be unable to repay 852 million yuan of principal and interest on short-term commercial paper maturing Sunday, the unlisted firm said on Friday in a statement posted on the website of one of China's main bond clearing houses. The firm, based in northeast China, cited tough conditions in the steel industry...

  • KUALA LUMPUR, March 25- Shanghai aluminium rose 1 percent on Friday to its highest in nearly six months and was headed for its biggest weekly jump in four, bolstered by lower supplies and improving demand. The most-traded May aluminium contract on the Shanghai Futures Exchange climbed as much as 1.3 percent to 11,695 yuan a tonne, its highest since Oct. 12.

  • TOKYO, March 24- Japanese trading company Mitsubishi Corp will post its first ever annual loss for the year to March 31, it said on Thursday, hurt by huge writedowns from a slump in commodities. Along with its domestic rivals and major international oil and mining companies, Mitsubishi Corp has been caught off guard by steep falls in the prices of goods from oil to...

  • TOKYO, March 24- Japanese trading firm Mitsubishi Corp said on Thursday it would post its first ever annual loss in the year to March 31, totalling 150 billion yen, hurt by massive writedowns from a slump in commodities. Japanese trading firms, like major international oil and mining companies, have been caught off-guard by steep falls in the prices of goods from...

  • March 24- A federal judge on Wednesday granted class certification for a U.S. class-action lawsuit filed against Barrick Gold Corp claiming Barrick misstated facts of its now halted Pascua-Lama gold-mine project on the border of Argentina and Chile. District Judge Shira Scheindlin in Manhattan said that shareholders who purchased Barrick shares from May...

  • HONG KONG, March 24- Bohai Steel Group's 2017 bonds held steady on Thursday, after bouncing from lows following reports the Chinese state-owned steelmaker was planning to restructure $29.61 billion in debt. China's steelmakers are in the eye of a storm as Beijing moves to slim down bloated industries, including steel and coal, to make the economy more efficient...