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News

London Markets: Mineral extractors pressure British shares (at MarketWatch)

June 22, 2010

Shares weaken in British trading on Wednesday as miners decline amid worries about global growth, although investors appear more positive on the outlook for the U.K.

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Hong Kong drops, as Tencent, steel shares fall – MarketWatch

June 22, 2010

The HinduHong Kong drops, as Tencent, steel shares fallMarketWatchSteel makers also skidded after the Ministry of Finance said it will cancel export tax rebates on a number of products next month, with Angang Steel Co. …Baoshan Steel, BoCom, Haitong …

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LME Nears Global Steel Benchmark – Wall Street Journal

June 22, 2010

LME Nears Global Steel BenchmarkWall Street JournalThe London Metal Exchange on Tuesday took a step toward creating a global benchmark for the steel market, …LME begins effort to woo US mills to billet futuresAmerican Metal MarketLME to list New Orle…

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Baoshan Steel, BoCom, Haitong Securities: China Stock Preview – BusinessWeek

June 22, 2010

Baoshan Steel, BoCom, Haitong Securities: China Stock PreviewBusinessWeekBaoshan Iron & Steel Co. (600019 CH), the listed unit of China's second-biggest steelmaker, added 1 percent to 6.25 yuan. Hebei Iron & Steel Co. …and more »

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China to Remove Rebates on Some Steel, Metal Exports – BusinessWeek

June 22, 2010

Business StandardChina to Remove Rebates on Some Steel, Metal ExportsBusinessWeekJune 22 (Bloomberg) — China, the world's biggest steel producer, will remove export tax rebates on some products, the first move to reduce tariffs in …Yuan Revaluat…

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Steel Demand Has Turned the Corner – www.breakbulk.com (blog)

June 22, 2010

Reuters IndiaSteel Demand Has Turned the Cornerwww.breakbulk.com (blog)Lakshmi Mittal, chairman and chief executive of ArcelorMittal, told an industry conference this week that global steel demand will rise 10 percent this year …ArcelorMittal sees sl…

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