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Metals and Mining Steel Producers

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of stronger demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years...

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of stronger demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years...

  • *China's steel product exports: http://tmsnrt.rs/2rMrdIc. *China's real estate investment: http://tmsnrt.rs/2tjvwN8. LONDON, June 19- China's exports of steel product have fallen sharply over the first few months of this year.

  • LONDON, June 19- Zinc prices touched a two-week high on Monday as expectations of higher demand from steelmakers rose and inventories of the metal on the London Metal Exchange hit nine-year lows. She cited China's rising imports of refined zinc and falling zinc output in data. CHINA: In April, China's refined zinc output fell to its lowest in more than two years due...

  • LAUNCESTON, Australia, June 19- There has been no shortage of advice doled out to incoming BHP Billiton chairman Ken MacKenzie on how to boost the world's largest mining company, but ultimately his role comes down to a fairly straightforward choice. BHP's Australia- listed shares ended at A $22.99 on June 16, down 8.3 percent since the end of last year, but still...

  • Leaders of Mexico, the U.S., and Canada during NAFTA treaty signing in San Antonio, Texas, Oct. 7, 1992. Pact didn't formally go into effect until 1994.

    With NAFTA renegotiations around the corner, Canada's winning strategy is 'heads down and our mouths shut,'says a former Canadian prime minister.

  • *Nucor expects 2nd- qtr earnings of $1- $1.05/ shr. Nucor's shares fell as much as 6.3 percent to $55.40 in morning trading after the company said it expects earnings of $1.00 to $1.05 per share for the second quarter ending July 1. China, the world's largest steel producer, makes far more steel than it consumes, selling the excess output overseas in markets such as the...

  • *Dana Gas up on possible buying bystrategic investor. DUBAI, June 15- Stock markets in the Gulf were mixed on Thursday with Qatar and Dubai rising despite a fall in crude oil prices, while Saudi Arabia's decline was cushioned by hopes it will be put on review for possible emerging market status next week. Jassim al-Jubran, senior equity analyst at Riyadh- based...

  • Nucor's shares fell nearly 3 percent to $57.41 in morning trading after the company said it expects earnings of $1.00 to $1.05 per share for the second quarter ending July 1. Wall Street analysts on average were expecting second-quarter earnings of $1.22 per share, analysts at Cowen& Co said in a client note. The company reported a profit of $1.11 per share in the...

  • June 15- U.S. steel-maker Nucor Corp said on Thursday it expects second-quarter earnings per share to decrease from the preceding quarter, partly due to weak demand in its steel mills business. Nucor's shares fell 1.9 percent to $58 in premarket trading after the company said it expects earnings of $1.00 to $1.05 per share for the second quarter ending July 1.

  • MELBOURNE, June 15- Eastern Australia's power grid will be stretched again if fierce heatwaves hit over the next two summers, despite recent government steps to beef up supply, the nation's electricty market operator said on Thursday. The latest outlook from the Australian Energy Market Operator comes three months after it warned that Australia's most...

  • In a Wednesday securities filing, Bradesco said Brazil's Federal Regional Court of the 1st Region acquitted Trabuco of charges he participated in a plan to avoid the fine imposed by Brazil's Tax Revenue Service. The accusations against Trabuco, one of Brazil's most influential power brokers, came as a series of corruption scandals at state firms rattled...

  • MELBOURNE, June 15- Eastern Australia's power grid will be stretched again if fierce heatwaves hit over the next two summers, despite recent government steps to beef up supply, the nation's electricty market operator said on Thursday. The latest outlook from the Australian Energy Market Operator comes three months after it warned that Australia's most...

  • *China steel output hit 72.26 mln T in May. BEIJING, June 14- China's steel output rose 1.8 percent in May from a year earlier, data from the country's statistics bureau showed on Wednesday, with mills in the world's top producer buoyed by robust margins despite government efforts to curb excess capacity. The most-traded rebar futures gained more than a quarter...

  • enforcement of rules under a renegotiated North American Free Trade Agreement to guard against Mexico, the United States and Canada becoming a dumping ground for cheap steel from other countries. AISI members include ArcelorMittal USA, Nucor Corp, U.S. Steel and AK Steel Holding Corp.. He said while Mexico and Canada did not manipulate their currencies, a...

  • *Copper support at $5,785, near 100- day moving average. Benchmark copper on the London Metal Exchange was down 0.2 percent at $5,795 a tonne at 0930 GMT and compared with Friday's two-month high at $5,832. CHINA DATA: China's economy is expected to show steady growth in May, buoyed by solid gains in trade and investment as economic ties with the United States take a...

  • BRUSSELS, June 9- The European Union has set duties of up to 35.9 percent on imports of hot-rolled flat steel from China to counter what it says are unfair subsidies in a finding challenged by Beijing. She added that she hoped global discussions on steel overcapacity would eventually convince China to end unfair schemes to ensure a level playing field for all...

  • GENEVA, June 9- India has complained to the World Trade Organization that the United States has failed to drop anti-subsidy duties on certain Indian steel products after losing an earlier ruling, a document published by the WTO said on Friday. India said the United States had failed to meet an April 2016 deadline to comply with a WTO ruling that faulted it for...

  • GENEVA, June 9- India has complained to the World Trade Organization that the United States has failed to drop anti-subsidy duties on certain Indian steel products after losing an earlier ruling, a document published by the WTO said on Friday.

  • BRUSSELS, June 9- The European Union has set duties of up to 35.9 percent on imports of hot-rolled flat steel from China to counter what it says are unfair subsidies in a finding challenged by Beijing. She added that she hoped global discussions on steel overcapacity would eventually convince China to end unfair schemes to ensure a level playing field for all...