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Metals and Mining Steel Producers

  • MELBOURNE, Aug 10- London copper and aluminium paused near their highest in more than two years on Thursday, amid profit-taking in wider markets as investors fretted about the simmering tensions between the United States and North Korea. Industry reform across China's steel and aluminium sectors that has seen capacity closures has helped drive the rally in...

  • MELBOURNE, Aug 10- London copper and aluminum paused near their highest in more than two years on Thursday, amid profit-taking in wider markets as investors fretted about the simmering tensions between the United States and North Korea. Industry reform across China's steel and aluminum sectors that has seen capacity closures has helped drive the rally in...

  • SHANGHAI, Aug 10- China stocks ended the morning session on Thursday lower amid profit taking in both mainland and Hong Kong shares, and as recent gains prompted China's largest aluminium producer to warn investors of market risks. China CSI300 stock index futures for August fell 1.2 percent, to 3,674.8, 18.82 points below the current value of the underlying...

  • TOKYO, Aug 10- Nippon Steel& Sumitomo Metal Corp, Japan's biggest steelmaker, expects China's steel prices to remain elevated throughout the year as Beijing's infrastructure spending boosts local construction demand, a senior company official said. "Beijing's economic stimulus has been bolstering the Chinese economy and domestic consumption will likely...

  • 1. " China's imports of commodities for July came in better than expected, with the normal seasonal downturn seemingly delayed for another month." 2. " China's July commodity import numbers were a mixed bag as year-on-year growth in energy commodity imports remained strong while iron ore dipped and copper remained steady. 3. " China's commodity import volumes...

  • 1. " China's imports of commodities for July came in better than expected, with the normal seasonal downturn seemingly delayed for another month." 2. " China's July commodity import numbers were a mixed bag as year-on-year growth in energy commodity imports remained strong while iron ore dipped and copper remained steady. 3. " China's commodity import volumes...

  • Aug 8- Jindal Steel and Power Ltd, one of India's biggest steelmakers, beat estimates with a narrower first-quarter loss, boosted by higher revenue from its iron and steel business. The Delhi- based steelmaker reported a loss of 3.87 billion rupees for the April-June quarter, compared with a loss of 10.82 billion rupees a year earlier. Analysts on average had...

  • Aug 8- Jindal Steel and Power Ltd, one of India's biggest steelmakers, said its first-quarter loss narrowed from a year ago, helped by higher revenue from its iron and steel business. It reported a loss of 3.87 billion rupees for the April-June quarter, compared with a loss of 10.82 billion rupees a year earlier. Analysts on average had expected the steelmaker to...

  • CARNEGIE, Pa. _ Ampco-Pittsburgh Corp. on Tuesday reported a loss of $1.9 million in its second quarter. The Carnegie, Pennsylvania- based company said it had a loss of 16 cents per share. Ampco-Pittsburgh shares have dropped 20 percent since the beginning of the year.

  • *GS Yuasa soars on report on future electric-car battery. TOKYO, Aug 8- Japan's Nikkei share average slid on Tuesday, as a stronger yen hurt exporters, offsetting gains in the steel sector based on a solid earnings outlook. Japan Steel Works jumped 20 percent after the company raised its operating profit outlook to 14 billion yen from 12.5 billion yen for the year...

  • *China July exports, imports both miss forecasts. BEIJING, Aug 8- China's exports and imports grew much less than expected in July, raising concerns over whether global demand is starting to cool even as major Western central banks consider scaling back years of massive stimulus support. "External demand is not really worrying in terms of the outlook," said Raymond...

  • *China July exports, imports both miss forecasts. BEIJING, Aug 8- China's exports and imports grew more slowly than expected in July, raising concerns over whether global demand is starting to cool even as major Western central banks consider scaling back their massive stimulus programs. China and Europe have been driving an increasing share of global growth...

  • *China July exports, imports both miss forecasts. BEIJING, Aug 8- China's exports and imports grew more slowly more than expected in July, raising concerns over whether global demand is starting to cool even as major Western central banks consider scaling back their massive stimulus programmes. China and Europe have been driving an increasing share of global...

  • *GS Yuasa soars on report its new battery to double EV range. TOKYO, Aug 8- Japan's Nikkei share average slid on Tuesday, with weak financials offsetting gains in the steel sector which rose on a strong earnings outlook. Japan Steel Works jumped 19 percent after the company raised its operating profit outlook to 14 billion yen from 12.5 billion yen for the year...

  • In Shanghai today the most active steel rebar contract went limit-up, surging 7 percent to 4,013 yuan per per tonne, its highest level since April 2013. Where Shanghai steel leads, Dalian iron ore follows. Market open interest on both Shanghai steel and Dalian iron ore hit record highs last month and is still at historically elevated levels.

  • In Shanghai today the most active steel rebar contract went limit-up, surging 7 percent to 4,013 yuan per per tonne, its highest level since April 2013. Where Shanghai steel leads, Dalian iron ore follows. Market open interest on both Shanghai steel and Dalian iron ore hit record highs last month and is still at historically elevated levels.

  • SHANGHAI, Aug 7- China stocks fell slightly on Monday as losses in energy and utilities offset gains in technology firms, but many investors were reluctant to stake out fresh positions as they awaited a flurry of data in the next two weeks. Signalling expectations of further weakness, China CSI300 stock index futures for August fell 0.4 percent to 3,690.8, 12.8...

  • SHANGHAI, Aug 4- Shanghai stocks fell on Friday, but managed to notch their seventh straight week of gains, bolstered by the continued robust performance of resources firms. China has vowed to deepen its structural reforms to cut excess capacity in inefficient sectors, which has tended to push up materials prices. Investors are also awaiting a flurry of data in...

  • TOKYO, Aug 4- Japanese trading company Itochu Corp said on Friday its first-quarter net profit rose 48 percent to a record level, citing higher coal and iron ore prices and healthy earnings from food businesses. Itochu, Japan's third-biggest trading house by assets, said net profit for April-June was 108.2 billion yen, up from 73.1 billion yen in the same period a...

  • *China expected to report strong July economic data. SHANGHAI, Aug 4- China stocks inched up on Friday morning, led by gains in resources firms whose earnings benefited from the ongoing construction boom and prices rising on the government's push to trim excess capacity. Investors are also awaiting a flurry of data in coming weeks that could show steady growth in...