Metals and Mining Steel Producers

  • China's bank lending more than doubled in August from the previous month, a report showed on Wednesday, adding to brighter economic readings readings from the country earlier this week. Gauges showed China's factories and retail sectors grew faster than expected in August as a strong housing market and a government infrastructure spending spree...

  • LAUNCESTON, Australia, Sept 14- China's steel and coal sectors provide contrasting stories so far this year, with one failing miserably to curb output and the other cutting so successfully it's led to the unintended consequence of higher prices and imports. China's steel sector, which accounts for about half of global production, continued its recent strength...

  • LAUNCESTON, Australia, Sept 14- China's steel and coal sectors provide contrasting stories so far this year, with one failing miserably to curb output and the other cutting so successfully it's led to the unintended consequence of higher prices and imports. China's steel sector, which accounts for about half of global production, continued its recent strength...

  • SAO PAULO, Sept 13- Latin American stocks and currencies stumbled on Tuesday, weighed by a slump in crude prices and concerns over a possible U.S. interest rate increase this year. Shares of lenders Bradesco SA and Itaú Unibanco SA, as well as state-controlled oil company Petróleo Brasileiro SA, ranked among the biggest losers. Steel makers also fell sharply...

  • LIMA, Sept 13- Peru President Pedro Pablo Kuczynski said a transcontinental railway proposed by China to slash the costs of shipping Brazilian goods to Asia could be too expensive and environmentally harmful to build. Peru and China agreed to study the feasibility of a 5,300- kilometer railroad to link Brazil's Atlantic coast with a port on Peru's Pacific...

  • SAO PAULO, Sept 13- Latin American stocks and currencies fell on Tuesday, weighed down by a slump in crude prices and concerns over a possible U.S. rate increase this year. Shares of lenders Bradesco SA and Itaú Unibanco SA, as well as state-controlled oil company Petróleo Brasileiro SA, ranked among the biggest losers. Steel makers also fell sharply after the U.S....

  • LAUNCESTON, Australia, Sept 13- When the price of a commodity rises by 117 percent in a mere 15 weeks, it's generally a sign that something is amiss in the market, and coking coal's recent stellar run is no exception to this rule. The spot price of Australian premium hard coking coal has surged from $83.40 a tonne on May 31 to $180.90 on Sept. 9. In addition to the spot price...

  • BEIJING, Sept 13- China's factory output and retail sales grew faster than expected in August as a strong housing market and a government infrastructure spending spree underpinned growth in the world's second-largest economy. "It is a good time for China to deliver on structural reform, especially on the SOE side, to restore confidence in the economy," he said,...

  • LAUNCESTON, Australia, Sept 13- When the price of a commodity rises by 117 percent in a mere 15 weeks, it's generally a sign that something is amiss in the market, and coking coal's recent stellar run is no exception to this rule. The spot price of Australian premium hard coking coal has surged from $83.40 a tonne on May 31 to $180.90 on Sept. 9. In addition to the spot price...

  • BEIJING, Sept 13- China's industrial output grew the fastest in five months in August as demand for products from coal to cars rebounded thanks to higher government spending and a year-long credit and property boom. China's steel industry, in particular, has perked up in recent months as capacity cuts and production curbs have boosted prices and profits, while a...

  • BEIJING, Sept 13- China's crude steel output rose 3 percent in August from a year ago, the sixth straight monthly rise and the latest sign that a rally in prices and pick up in demand spurred mills in the world's top producer to ramp up production. "When the mills saw the profits in August, they lost motivation to cut output," said Li Wenjing, an analyst at Industrial...

  • BEIJING, Sept 13- China's crude steel output rose 3 percent in August from a year ago, the sixth straight monthly rise and the latest sign that a rally in prices and pick up in demand spurred mills in the world's top producer to ramp up output. Total output for the month was 68.57 million tonnes, the National Bureau of Statistics data showed on Tuesday.

  • BEIJING, Sept 13- China's industrial output grew the fastest in five months in August as demand for products from coal to cars rebounded thanks to higher government spending and a year-long credit and property boom. China's steel industry, in particular, has perked up in recent months as capacity cuts and production curbs have boosted prices and profits, while a...

  • BEIJING, Sept 13- China's crude steel output rose 3 percent to 68.57 million tonnes in August from a year ago, data from the National Bureau of Statistics showed on Tuesday, the latest sign that a rally in prices spurred mills in the world's top producer to ramp up.

  • WASHINGTON, Sept 12- The U.S. International Trade Commission handed another victory to American steelmakers on Monday, affirming most of the recent anti-dumping and anti-subsidy duties on hot-rolled flat steel imports from Australia, Brazil, Britain, Japan, the Netherlands, South Korea and Turkey. The ITC vote affirmed final anti-subsidy duties of 3.9 to 11.3...

  • WASHINGTON, Sept 12- The U.S. International Trade Commission handed another victory to American steelmakers on Monday, affirming most of the recent anti-dumping and anti-subsidy duties on hot-rolled flat steel imports from Australia, Brazil, Britain, Japan, the Netherlands, South Korea and Turkey. The commission rejected anti-subsidy duties against...

  • ANTI-DUMPING, ANTI-SUBSIDY DUTIES ON HOT-ROLLED STEEL PRODUCTS FROM AUSTRALIA, SOUTH KOREA, JAPAN, BRITAIN AND THE NETHERLANDS.

  • MUMBAI, Sept 12- India's Tata Steel Ltd reported on Monday a $477 million consolidated first-quarter net loss as it sold a business in Europe, and said talks continued for a proposed partnership to run its European plants. Consolidated net loss widened to 31.83 billion rupees for the three months to June 30, from 3.17 billion rupees loss a year earlier, Tata Steel,...

  • TOKYO, Sept 12- Japan's core machinery orders unexpectedly rose for a second straight month in July, easing some pessimism over capital expenditure, but worries remain that weak demand and the yen's gains may still discourage companies from boosting investment. Prime Minister Shinzo Abe's government has been counting on capital expenditure to drive...

  • LONDON, Sept 9- A steel industry plan to change its pension scheme and allow the sale of Tata's British operations is likely to be scrapped in favor of a fix that avoids a political row, government and industry sources told Reuters. Industrial sources say the favorite outcome would be a joint venture with Thyssenkrupp of Germany, which like Tata in Britain is...