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Metals and Mining Steel Producers

  • BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply. In a work report at the opening of the annual meeting of parliament, the National Development and Reform...

  • BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday as the world's No. 2 economy deepens efforts to tackle pollution and curb excess supply. In a work report at the opening of the annual meeting of parliament, the National Development and Reform...

  • BEIJING, March 5- China will cut steel capacity by 50 million tonnes and coal output by more than 150 million tonnes this year, its top economic planner said on Sunday in a work report at the opening of the annual meeting of parliament. The National Development and Reform Commission said it would shut or stop construction of coal-fired power plants with capacity...

  • WASHINGTON, March 3- The U.S. International Trade Commission said on Friday it had made a final finding that the U.S. industry was being harmed by the dumping and subsidization of imports of carbon and alloy steel cut-to-length plate from China. China's Ministry of Commerce, however, said issues in the U.S. steel industry were not related to Chinese imports,...

  • March 3- The Keystone XL oil pipeline does not need to be made from U.S. steel, despite an executive order by President Donald Trump days after he took office requiring domestic steel in new pipelines, the White House said on Friday. "It's specific to new pipelines or those that are being repaired," White House spokeswoman Sarah Sanders told reporters on Air Force One,...

  • March 3- The Keystone XL oil pipeline does not need to be made from U.S. steel, despite an executive order by President Donald Trump days after he took office requiring domestic steel in new pipelines, the White House said on Friday. "It's specific to new pipelines or those that are being repaired," White House spokeswoman Sarah Sanders told reporters on Air Force One,...

  • TORONTO, March 1- Noranda Income Fund said on Wednesday it was deferring its 2017 zinc production and sales forecasts due to an ongoing strike by workers at its Quebec processing plant, the second-largest in North America. "We're waiting for management to call us," said USW Local 6486 President Manon Castonguay, adding that no meetings are currently scheduled.

  • TORONTO, March 1- Noranda Income Fund said on Wednesday it was deferring its 2017 zinc production and sales forecasts due to a strike by workers at its Quebec processing plant, the second-largest in North America. It is uncertain how long the strike, which began Feb. 12, will continue at the zinc processing facility in Salaberry-de-Valleyfield, said Noranda, as it...

  • *Graphic of China's coal imports: http://tmsnrt.rs/2lj1BS0. Teck has the ability to add to its output, but is waiting for the steel industry in India to take off, as well as watching policy developments in China. China remains key for the outlook for coking coal, with policy decisions likely to drive both short- and medium-term prices.

  • *Graphic of China's coal imports: http://tmsnrt.rs/2lj1BS0. Teck has the ability to add to its output, but is waiting for the steel industry in India to take off, as well as watching policy developments in China. China remains key for the outlook for coking coal, with policy decisions likely to drive both short- and medium-term prices.

  • LONDON, Feb 28- Chinese steel production rose by 7.4 percent in January compared with a year earlier, according to the World Steel Association. The official figures from China are still pending as the local steel association CISA aggregates two months data over the start of any calendar year due to the disruptive effect of the Chinese New Year holidays.

  • Operations at U.S. Steel

    Cowen forecasts steel consumption by the oil industry will rise by 65 percent in 2017.

  • LONDON, Feb 28- Chinese steel production rose by 7.4 percent in January compared with a year earlier, according to the World Steel Association. The official figures from China are still pending as the local steel association CISA aggregates two months data over the start of any calendar year due to the disruptive effect of the Chinese New Year holidays.

  • *China sells ready to discuss with EU. BEIJING/ BRUSSELS, Feb 28- China expressed concerns on Tuesday over what it said was increasing protectionism after European Union regulators imposed new duties on steel imports from the world's biggest producer. The companies named in the Commission's ruling included Nanjing Iron& Steel Co Ltd, Minmetals Yingkou Medium...

  • LAUNCESTON, Australia, Feb 28- If you did nothing more than look at China's imports of iron ore, you would be satisfied that the robust rally in the price of steel-making ingredient is entirely justified. The strength in iron ore imports is being mirrored in the price, with futures on the Dalian Commodity Exchange rising 2.7 percent to close at 710.5 yuan a tonne on...

  • BEIJING, Feb 28- China's Commerce Ministry said on Tuesday it was "seriously concerned" by what it said was Europe's increasing protectionism in the steel industry after regulators slapped anti-dumping duties on certain types of plate steel imports from the world's top producer. On Tuesday the European Commission imposed definitive anti-dumping duties...

  • LAUNCESTON, Australia, Feb 28- If you did nothing more than look at China's imports of iron ore, you would be satisfied that the robust rally in the price of steel-making ingredient is entirely justified. The strength in iron ore imports is being mirrored in the price, with futures on the Dalian Commodity Exchange rising 2.7 percent to close at 710.5 yuan a tonne on...

  • *Strike at Noranda zinc plant in Canada continue. MELBOURNE, Feb 27- London copper slipped on Monday, but prices were supported by simmering concerns over supply amid production stoppages at the world's two biggest copper mines. "We're seeing some consolidation as we have the same story as last week but nothing on the fundamentals has changed," said analyst Helen...

  • SHANGHAI, Feb 27- China stocks slipped on Monday after the securities regulator vowed to step up its campaign against speculation and hinted about loosening its grip on new share offerings- moves that would benefit the market in the long term, but hurt sentiment in the short run. Hong Kong stocks were little changed, as the market's strong rally since...

  • MELBOURNE, Feb 27- London copper prices inched towards the key level of $6,000 a tonne on Monday, with supply concerns simmering amid production stoppages at the world's two biggest copper mines. *Shanghai Futures Exchange copper rose 0.8 percent to 48,130 yuan a tonne. *A strike at Noranda Income Fund's zinc processing plant in Quebec stretched into a 13th day on...