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Metals and Mining Steel Producers

  • BEIJING, Sept 9- China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong gains in raw materials prices and pointing to strong, sustained growth for both factory profits and the economy. "The unexpected rise in both CPI and PPI suggests that there is little hope China's monetary policy could see some...

  • BEIJING, Sept 9- China's producer price inflation accelerated more than expected to a four-month high in August, fueled by strong gains in raw materials prices and pointing to strong, sustained growth for both factory profits and the economy. China's industrial firms have been posting their strongest profits in years thanks to a government-led construction...

  • HAVANA, Sept 7- Cuba has begun to shut down its nickel industry in preparation for Hurricane Irma, state-run television said on Thursday. Eastern Cuba and most of central Cuba are under a state of emergency which includes evacuations and securing economic entities. Cuba plans to produce 54,500 tonnes of nickel and cobalt sulfides this year.

  • *Duties already set for imports from China. BRUSSELS, Sept 7- European Union governments rejected the bloc's proposed measures to levy punitive tariffs on hot-rolled steel from Brazil, Iran, Russia and Ukraine on Thursday, with some member states considering the measures too lax, others too tough. European steelmakers have accused the four countries of dumping...

  • WASHINGTON, Sept 6- The U.S. Commerce Department on Wednesday said it made an initial finding that carbon and alloy steel wire rod from Belarus, Russia and the United Arab Emirates are being dumped in the U.S. market, and imposed antidumping duties of up to 756.93 percent. In 2016, imports of carbon and alloy steel wire rod from Belarus, Russia and the UAE were valued...

  • LONDON, Sept 5- Copper hit a three-year high of $6,970 per tonne on the London Metal Exchange on Tuesday morning. Aluminium is faring even better, trading above $2,100 per tonne for the first time since 2013.. At a current $3,200 per tonne it is traversing chart levels last seen during the great bull run of 2007-2008..

  • LONDON, Sept 5- Copper hit a three-year high of $6,970 per tonne on the London Metal Exchange on Tuesday morning. Aluminum is faring even better, trading above $2,100 per tonne for the first time since 2013.. At a current $3,200 per tonne it is traversing chart levels last seen during the great bull run of 2007-2008..

  • SAO PAULO, Sept 4- Latin American currencies seesawed on Thursday as a U.S. holiday curbed trading volumes, while traders avoided risky bets due to escalating geopolitical tensions around North Korea. North Korea said it tested an advanced hydrogen bomb for a long-range missile on Sunday and showed signs of planning more missile tests, triggering strong...

  • BEIJING, Sept 4- China's Bengang Steel Plates Co said it aimed to honour deliveries to customers after a fire at one of its blast furnaces on Friday shut down more than a third of its ironmaking capacity. The damaged blast furnace in Liaoning province, with an annual design capacity of 3.79 million tonnes of pig iron, was undergoing repairs and it was "unclear when...

  • *China stocks largely ignore North Korea nuclear test. *China metal shares jump on supply shortage expectations. SHANGHAI, Sept 4- China stocks held steady on Monday, with investors seemingly unruffled by North Korea's latest nuclear test, although Hong Kong shares followed regional markets lower amid heightened geopolitical tensions.

  • CERNOBBIO, Italy, Sept 2- The proposed merger of Italian spectacles maker Luxottica with French lens manufacturer Essilor will require thorough vetting by European antitrust authorities, the head of the bloc's competition watchdog said on Saturday. EU Competition Commissioner Margrethe Vestager said it was too early to say whether approval may require...

  • Sept 1- Hong Kong stocks took a breather on Friday to hover around more than two-year highs, fuelled by robust earnings, strong Chinese factory growth and hopes of more economic reforms from Beijing. The Hong Kong market has climbed for eight months in a row, encouraged largely by stronger-than-expected economic growth in China, which is producing generally...

  • China's manufacturing activity expanded at the fastest pace in six months in August, buoyed by a surge in export orders and higher prices, according to the private Caixin manufacturing purchasing managers index. *NICKEL LEADS: Shanghai Futures Exchange nickel was among the biggest gainers, with the most active contract ending 1.7 percent higher at 94,650...

  • SAO PAULO, Aug 31- Brazilian policymakers and economists have for years promised that a surge in corporate investment would lift Latin America's largest economy out of its worst recession. Instead the economic recovery has some investors betting that consumer-facing firms- such as retailers, healthcare companies and apparel makers- are better positioned...

  • BEIJING, Aug 31- Growth in China's manufacturing sector unexpectedly accelerated in August, suggesting the world's second-largest economy is still expanding at a healthy clip despite rising financing costs and a cooling housing market. Along with stronger U.S. economic growth reported overnight, China's official factory readings indicated the global...

  • BEIJING, Aug 31- Growth in China's manufacturing sector unexpectedly accelerated in August, suggesting the world's second-largest economy is still expanding at a healthy clip despite rising financing costs and a cooling housing market. Along with stronger U.S. economic growth reported overnight, China's official factory readings indicated the global...

  • LONDON, Aug 30- How much do you know about ferro-silicon? Not that the thousands of Chinese punters who have bought into the Zhengzhou ferro-silicon market are experts in the world of ferro-alloys either. Graphic on Zhengzhou ferro-silicon contract:.

  • LONDON, Aug 30- How much do you know about ferro-silicon? Not that the thousands of Chinese punters who have bought into the Zhengzhou ferro-silicon market are experts in the world of ferro-alloys either. Graphic on Zhengzhou ferro-silicon contract:.

  • LONDON, Aug 30- Nickel prices held near nine-month highs on Wednesday, supported by demand from China's stainless steel mills and falling supplies from top ore exporter the Philippines. "Stainless steel demand in China and elsewhere has surprised on the upside and talk about nickel consumption in lithium-ion batteries has helped," said Societe Generale...

  • How China hurts American steel industry: Zekelman Industries CEO

    Barry Zekelman, Zekelman Industries CEO, discusses his views on foreign steel imports and his letter to President Trump urging action to protect domestic steel.