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Materials and Metals Metals and Mining

  • The 12- inch valve will regulate wastewater pouring from the Gold King Mine in the San Juan Mountains of southwestern Colorado, where the EPA inadvertently triggered a wastewater spill while excavating at the mine entrance in August 2015. That spill released 3 million gallons of wastewater containing aluminum, iron and other heavy metals and instantly...

  • *Expect annual synergies of 400 mln- 600 mln euros. *Thyssenkrupp will shift 4 bln euros in liabilities. ESSEN, Germany/ MUMBAI, Sept 20- Sure, Germany's Thyssenkrupp and India's Tata Steel agreed on Wednesday to merge their European steel operations to create the continent's No.2 steelmaker.

  • Marc Faber

    "The Gloom Boom and Doom Report" Publisher Marc Faber won't back down from his bearish call on U.S. stocks.

  • **Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. **U.S. private equity firm Carlyle Group is quitting its decade-long mining services play in Australia through the A $517 million...

  • **Japan's Toshiba Corp agreed on Wednesday to sell its prized semiconductor business to a group led by U.S. private equity firm Bain Capital LP, a key step in keeping the struggling Japanese conglomerate listed on the Tokyo exchange. **U.S. private equity firm Carlyle Group is quitting its decade-long mining services play in Australia through the A $517 million...

  • LONDON, Sept 20- Aluminum soared to its highest in five years on Wednesday on reports that China's mammoth producer Chinalco was cutting output two months early and would soon pare back stocks of available metal. "China is making an effort to make efforts to cut back ahead of the winter months," Natixis analyst Bernard Dahdah. CHINA OUTPUT: China's aluminum...

  • *Expect annual synergies of 400- 600 million euros. ESSEN, Germany, Sept 20- Germany's Thyssenkrupp and India's Tata Steel agreed on Wednesday to merge their European steel operations in a preliminary deal that would create the continent's No.2 steelmaker after ArcelorMittal. The companies say they need to consolidate to address overcapacity in the European...

  • BEIJING, Sept 20- Shanghai aluminum prices on Wednesday hit their highest in nearly six years on a report that two companies in Henan province have started cutting production almost two months before China's official winter restrictions kick in. The most-traded aluminum contract on the Shanghai Futures Exchange finished up 3.36 percent, its biggest...

  • BERLIN, Sept 20- German Economy Minister Brigitte Zypries said on Wednesday that employees were not yet convinced about plans for Germany's Thyssenkrupp and India's Tata Steel to merge and added that all affected parties needed to accept any deal. Thyssenkrupp and Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in...

  • BERLIN, Sept 20- German Labour Minister Andrea Nahles said on Wednesday that a merger between Germany's Thyssenkrupp and India's Tata Steel should not happen at any cost and the headquarters needed to be in Germany if it did happen. The sites in Germany must be maintained and compulsory redundancies must be ruled out, "Nahles said in an emailed statement, adding...

  • BEIJING, Sept 20- Shanghai aluminum prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminum contract on the Shanghai Futures Exchange had jumped 3.9 percent, its...

  • BEIJING, Sept 20- Shanghai aluminium prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminium contract on the Shanghai Futures Exchange had jumped 3.9 percent,...

  • *Expect annual synergies of 400- 600 million euros. FRANKFURT, Sept 20- Germany's Thyssenkrupp and India's Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a 50-50 joint venture to create the continent's No.2 steelmaker after ArcelorMittal. The companies say they need to consolidate to address overcapacity in the...

  • BEIJING, Sept 20- Shanghai aluminum prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminum contract on the Shanghai Futures Exchange had jumped 3.9 percent, its...

  • MELBOURNE, Sept 20- London aluminum struck its highest in five years on Wednesday on prospects that China's winter production are starting early and will soon pare back stocks of available metal. "For aluminum, certainly this is related to China's winter production cuts," said analyst Helen Lau at broker Argonaut Securities in Hong Kong. China has launched an...

  • BEIJING, Sept 20- Shanghai aluminium prices on Wednesday hit their highest in nearly six years on a report that Aluminum Corp of China, known as Chinalco, has started cutting production in Henan province almost two months before official winter restrictions kick in. The most-traded aluminium contract on the Shanghai Futures Exchange had jumped 3.9 percent,...

  • BERLIN— Germany's Thyssenkrupp and Tata Steel of India signed a preliminary deal on Wednesday to merge their European steel operations, a combination that could lead to up to 4,000 job cuts. The new entity is to be called Thyssenkrupp Tata Steel and be managed by what Thyssenkrupp called a "lean holding company" based in the Netherlands. "We will not be putting any...

  • LONDON, Sept 20- European stocks continued to trade cautiously in early deals on Wednesday ahead of a policy decision by the U.S. Deal-making was also in focus in Europe, with shares in steelmaker Thyssenkrupp rising 5 percent after it struck a preliminary deal with India's Tata Steel to merge their European steel operations in a 50-50 joint venture.

  • LONDON, Sept 20- European stocks continued to trade cautiously in early deals on Wednesday ahead of a policy decision by the U.S. Deal-making was also in focus in Europe, with shares in steelmaker Thyssenkrupp rising 5 percent after it struck a preliminary deal with India's Tata Steel to merge their European steel operations in a 50-50 joint venture.

  • *Expect annual synergies of 400- 600 million euros. FRANKFURT, Sept 20- Germany's Thyssenkrupp and India's Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a 50-50 joint venture to create the continent's No.2 steelmaker after ArcelorMittal. Thyssenkrupp shares were indicated up more than 5 percent in pre-market...