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News

China’s Stocks Rise on Stimulus Outlook; Baoshan, Poly Gain – BusinessWeek

March 8, 2010

China's Stocks Rise on Stimulus Outlook; Baoshan, Poly Gain
BusinessWeek
Baoshan Iron & Steel Co. advanced 2.8 percent and China Shenhua Energy Co. gained 1.7 percent after central bank Governor Zhou Xiaochuan said the nation …

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AT A GLANCE: CHINA NPC: PBOC Signals Exchange Rate Flexibility – Wall Street Journal

March 8, 2010

Washington Post

AT A GLANCE: CHINA NPC: PBOC Signals Exchange Rate Flexibility
Wall Street Journal
(published 1703 GMT) Deng Qilin, the chairman of the China Iron and Steel Association, warned Sunday of a large rise in bulk prices for iron ore this year …
PRESS DIGEST – China – March 8Reuters

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Japan’s Nippon Steel to buy stake in Malaysia’s Yung Kong – Trading Markets (press release)

March 7, 2010

Japan's Nippon Steel to buy stake in Malaysia's Yung Kong
Trading Markets (press release)
Japan's NIPPON STEEL CORP. (TSE:5401) said Friday that it will purchase 340 million yen (US$3.8 million) in preferred shares from Malaysian steel processor …
Nippon Steel to buy stake in Malaysian cold rollerSteel Business Briefing (subscription)

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Steel Authority Seeks Japanese Technology Partner – BusinessWeek

March 7, 2010

Steel Authority Seeks Japanese Technology Partner
BusinessWeek
March 8 (Bloomberg) — Steel Authority of India Ltd., the nation's second-biggest producer, wants to follow its local rivals in forging …
Sail shines on likely Japanese JV for premium productsBloombergUTV
Indian mills lift longs prices on excise duty hikeSteel Business Briefing (subscription)

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Steel Authority of India Seeks Japanese Technology Partner – BusinessWeek

March 7, 2010

Steel Authority of India Seeks Japanese Technology Partner
BusinessWeek
March 8 (Bloomberg) — Steel Authority of India Ltd., the nation's second-biggest producer, wants to join local rivals in forging a …
Indian mills lift longs prices on excise duty hikeSteel Business Briefing (subscription)

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Iron ore price could almost double by April – Telegraph.co.uk

March 7, 2010

Reuters

Iron ore price could almost double by April
Telegraph.co.uk
If the country's steel makers fail to agree on a sensible price hike, they may have to buy at the spot price. This could get very expensive indeed, …
Wuhan Steel Group Seeks More Iron Ore Assets OverseasBusinessWeek
China Steel Sector Faces Tough Restructuring: ExecutiveABC News
Iron ore talks very difficult – Wuhan Steel presidentReuters UK
The Australian –SteelGuru –Commodity Surge (blog)
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