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News

Bunge Limited Completes Sale of Brazilian Fertilizer Nutrients Assets to Vale (PR Newswire)

May 27, 2010

Bunge Limited today announced that it has successfully completed the previously announced sale of its Brazilian fertilizer nutrients assets in Brazil to Vale S.A. , including its 42.3% interest in Fertilizantes Fosfatados S.A. .  Net proceeds after taxes, transaction fees and expenses are approximately $3.5 billion, subject to certain post-closing adjustments.

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Europe Markets: European shares buoyed as China signals confidence (at MarketWatch)

May 27, 2010

European shares Thursday extend sharp gains made in the previous session, with miners advancing after China denies that it&os;s considering reducing European bond holdings.

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Asia Steel-China prices inch up, but concerns persist – Alibaba News Channel

May 27, 2010

Asia Steel-China prices inch up, but concerns persist
Alibaba News Channel
SHANGHAI/BEIJING, May 27 – Chinese steel prices remained stagnant this week amid worries about long-term demand sparked by property price fears and talk of …
Steel mall' to be built in Dongguan, ChinaSteelOrbis (registration)
Taiwan's China Steel to raise prices by avg 6.8 pctAlibaba News Channel
China's 77 large steel firms reaps RMB 12.2 bln in profit in AprAlibaba News Channel
BusinessWeek –Interactive Investor –Steel Business Briefing (subscription)
all 15 news articles »
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Steel prices start falling in Henan province – SteelGuru

May 27, 2010

Longevitys

Steel prices start falling in Henan province
SteelGuru
As per report, the averaged steel prices arrived at CNY 4782 per tonne during the same periods, down by 0.49% from H2 of April. Now, it is the hot time for …
China Studies Cutting Steel Product Export RebatesBusinessWeek
Steel firms nervous over talk of rebate cutLongevitys
Prices of steel inputs declineBusiness Standard
Steel Business Briefing (subscription) –China.org.cn –Times of India
all 168 news articles »
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Shipping stocks continue to outperform in Asia – MarketWatch

May 27, 2010

Shipping stocks continue to outperform in Asia
MarketWatch
In the US and Japan, we also see consistent improvement in the utilization of steel mills," they added, referring to strong global steel production, …

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Taiwan stocks fall, Hon Hai drops on death report – Reuters

May 26, 2010

Taiwan stocks fall, Hon Hai drops on death report
Reuters
China Steel (2002.TW), Taiwan's biggest steel maker, was down 0.7 percent. The company is expected to raise its July-August domestic prices after the market …

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