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News

Steel prices likely to remain stable – Hindu Business Line

May 2, 2010

Proactive Investors Australia

Steel prices likely to remain stable
Hindu Business Line
With the steel industry getting their demand of an increase in export duty for iron ore, steel prices are likely to remain stable in the coming months. …
Nippon Steel targets more equity iron oreSteel Business Briefing (subscription)
China's flat steel exports continue to increase in MarchSteel Business Briefing (subscription)
Iron ore prices fall around 6% in last week: The Steel IndexSteel Business Briefing (subscription)
The Market Oracle –Daily News & Analysis –SteelGuru
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Australian resource shares sink on new mining tax (at MarketWatch)

May 2, 2010

Mining stocks in Australia drop sharply after the government announces a 40% tax on resource profits, beginning in 2012.

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Tariff panel OK’s zero duty for steel coil imports – ABS CBN News

May 2, 2010

Tariff panel OK's zero duty for steel coil imports
ABS CBN News
MANILA, Philippine s- Steel coil imports may soon be allowed to enter the country duty-free to offset coming price …
CTRM OKs temporary zero tariff on steelManila Bulletin
Zero tariff on steel up for NEDA OKMalaya

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Venezuela Invests to Save Steel, Aluminum Industries – Inside Costa Rica

May 2, 2010

Kansas City Star

Venezuela Invests to Save Steel, Aluminum Industries
Inside Costa Rica
CARACAS – The Venezuelan government announced investment of 1168 million dollars to rescue the iron, steel and aluminium companies affected by the fall of …
Venezuela gives billion-dollar boost to metals industryCaribbean Net News

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