Metals and Mining Steel Producers

  • Much of iron ore's gains in 2016 have been driven by strong demand from China, with imports up 9.3 percent to 669.65 million tonnes in the first eight months of the year from a year ago. And as yet, there is no sign that China's appetite for imported iron ore is waning, with vessel-tracking and port data suggesting September will be another strong month for the buyer...

  • Much of iron ore's gains in 2016 have been driven by strong demand from China, with imports up 9.3 percent to 669.65 million tonnes in the first eight months of the year from a year ago. And as yet, there is no sign that China's appetite for imported iron ore is waning, with vessel-tracking and port data suggesting September will be another strong month for the buyer...

  • 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...

  • *Ouro Branco plant in Brazil exporting half of output. OURO BRANCO, BRAZIL, Sept 15- Brazil's Gerdau SA, the No. 1 long-steel producer in the Americas, is counting on non-traditional flat-steel exports and a data venture with General Electric Co to help weather a world-steel slump and sharp domestic downturn. Gerdau planned Ouro Branco's $1.5 billion flat-steel...

  • 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...