×

Metals and Mining Steel Producers

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. Ukraine, the epicentre of the cyber strike, has repeatedly accused...

  • FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday in Ukraine where it silently infected computers after users...

  • June 27- A global ransomware attack on Tuesday hit computers at Russia's biggest oil company, Ukraine's international airport, global shipping firm A.P. Russia's top oil producer Rosneft said its servers had been hit been a large-scale cyber attack but its oil production was unaffected. Russia's central bank said there had been "computer attacks" on Russian...

  • BERLIN, June 27- The United States might have no choice but to resort to "broad-scale" measures to fight steel dumping should its partners fail to help find a common solution to the problem, U.S. Ross, speaking via live stream to an economic event in Berlin attended by Chancellor Angela Merkel, said that even countries that were not direct sources of dumping could...

  • June 27- A global ransomware attack on Tuesday hit computers at Russia's biggest oil company, Ukraine's international airport, global shipping firm A.P. Russia's top oil producer Rosneft said its servers had been hit been a large-scale cyber attack but its oil production was unaffected. Russia's central bank said there had been "computer attacks" on Russian...

  • MOSCOW, June 27- Russian steelmaker Evraz said on Tuesday its information systems had been hit by a cyber attack but its output was not affected.

  • MOSCOW, June 27- Russian steelmaker Evraz said on Tuesday that its information systems had been hit by a cyber attack, RIA news agency reported, citing a Evraz representative.

  • LONDON, June 27- Zinc touched a near three-month high on Tuesday as the dollar lost its luster, exchange stockpiles fell and expectations of stronger demand from Chinese steelmakers rose. Earlier the metal used to galvanize steel hit $2,750 per tonne, its highest since April 7. Total stocks at eight-year lows are also down 35 percent since October. CHINA ZINC:...

  • LONDON, June 27- Zinc touched a near three-month high on Tuesday as the dollar lost its luster, exchange stockpiles fell and expectations of stronger demand from Chinese steelmakers rose. Benchmark zinc on the London Metal Exchange rose 0.7 percent to $2,737 per tonne at 1104 GMT. Total stocks at eight-year lows are also down 35 percent since October. CHINA ZINC:...

  • SAO PAULO, June 26- Brazil and Mexico's currencies strengthened on Monday after weaker-than-expected U.S. manufacturing data bolstered bets that the U.S. Traders will look for further clues on the U.S. central bank's outlook on Tuesday, when Fed Chair Janet Yellen is due to deliver a widely anticipated speech in Europe. Brazil's benchmark Bovespa stock index...

  • SAO PAULO, June 26- Brazilian and Mexican currencies strengthened on Monday after weaker-than-expected U.S. manufacturing data bolstered bets that the U.S. Traders will look for further clues on the U.S. central bank's outlook on Tuesday, when Fed Chair Janet Yellen is scheduled to deliver a widely anticipated speech in Europe. Shares of steelmakers, such as...

  • BRUSSELS, June 26- The European Union would retaliate if European steelmakers suffered collateral damage from import restrictions the administration of U.S. President Donald Trump is considering, EU trade chief Cecilia Malmstrom said on Monday. The focus is mainly cheap imports from China, but EU Trade Commissioner Malmstrom said EU industry could be...

  • Bold call on steel stocks

    Jorge Beristain, Deutsche Bank analyst, weighs in on steel stocks.

  • OTTAWA, June 22- Prime Minister Justin Trudeau on Thursday dismissed the idea that Canadian steel exports posed a national security threat to the United States and expressed confidence Canada would escape any punitive measures. Trudeau told a public event in Toronto it was "just silly" to imagine Canadian exports were a threat to the United States, given how...

  • *Graphic of China iron ore imports vs spot price: http://tmsnrt.rs/2tv98AD. The spot price ended at $56.82 a tonne on Wednesday, down 28 percent from the start of the year and 40 percent from a peak of $94.86 on Feb. 21. Chinese domestic iron ore futures have fared some better, with Dalian Commodity Exchange contracts slipping 8.1 percent so far this year to...

  • *Graphic of China iron ore imports vs spot price: http://tmsnrt.rs/2tv98AD. The spot price ended at $56.82 a tonne on Wednesday, down 28 percent from the start of the year and 40 percent from a peak of $94.86 on Feb. 21. Chinese domestic iron ore futures have fared some better, with Dalian Commodity Exchange contracts slipping 8.1 percent so far this year to...

  • President Donald Trump- when GM canceled the third shift at its Lordstown small-car factory here. Layoffs at Lordstown and other auto plants point to a broader challenge for the economy in Midwestern manufacturing states and for the Trump administration. "This is about economics, not what Trump says," said Robert Morales, president of United Auto Workers union...

  • SYDNEY, June 21- Australia's Atlas Iron, which narrowly escaped collapse when iron or prices crashed in 2015, has deferred construction of a new mine, citing weak prices for the steelmaking commodity. Development of the Corunna Downs mine by Australia's fifth biggest producer, costing between A $47- A $53 million, was announced in February when iron ore was...

  • CNBC Mad Money Lightning Round

    Jim Cramer speeds through his take on caller favorite stocks, including this steel player.