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LMEWEEK-China metals demand seen up in 2015, copper at least 6 pct
Mon, 20 Oct 2014 08:11:02 +0100
China's consumption of refined copper is expected to rise at least 6 percent in 2015, roughly in line with this year, supported by new investment in power networks and demand from rail projects, analysts and industry executives said. Lead demand growth may also be trimmed by lower production of electric bicycles, while tin demand should be supported by chemicals and tin-coated steel plates ...
http://ri.search.yahoo.com/_ylt=AwrBJR_YGUVUkzcAhV5nBQx./RV=2/RE=1413843544/RO=10/RU=http://uk.finance.yahoo.com/news/lmeweek-china-metals-demand-seen-071102607.html/RK=0/RS=xBkSMiWfPn89fC7xTE9JuXfRSJY-


Valin E-commerce achieved CNY 150 million of profit for five consecutive ...
Mon, 20 Oct 2014 04:58:00 +0100
It is reported that Hunan Valin E-commerce Company Limited, E-commerce plat of Valin Steel, kept on making profits for five consecutive months since May this year. In September, the profit hit 2.34 million yuan, taking a lead among e-commerce enterprises.
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=fa37fc48a3844aada84acc3496ef1ea3&url=http://www.steelguru.com/international_news/Valin_Ecommerce_achieved_CNY_150_million_of_profit_for_five_consecutive_months/351211.html&c=BCothmTgGoGiHqWl3HJbZrJL5w766-nwmI8pPrMF_9o&mkt=en-gb


'Dumping' squeezes Arrium profits
Sun, 19 Oct 2014 14:31:24 +0100
Anti-Dumping Commission investigate claim a raft of steel exporters are injuring OneSteel by dumping cheap product in Australia.
http://www.brisbanetimes.com.au/business/dumping-squeezes-arrium-profits-20141019-118ckp.html


ArcelorMittal SA Given Average Recommendation of Hold by Brokerages ...
Sat, 18 Oct 2014 09:48:00 +0100
ArcelorMittal SA (NYSE:MT) is a global steel producer. Receive News & Ratings for ArcelorMittal SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ArcelorMittal SA and related companies ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=36ac523d32e4449bab5535a94adc0913&url=http%3a%2f%2fwww.watchlistnews.com%2farcelormittal-sa-given-average-recommendation-of-hold-by-brokerages-nysemt%2f132269%2f&c=rGnns1qvA0474L-KikIuN8esqnzPSU1ei5NUuVOLzu4&mkt=en-gb


Mining for profit
Sat, 18 Oct 2014 06:38:53 +0100
One of the main reasons is the collapse in iron ore price. The story has been well told; as the Chinese economy picked up in 2003, so did internal demand for iron ore to satisfy rapid urban development. Iron ore became the commodity of choice. Now, there is a glut of iron ore, and to add to the bad news, Chinese development growth is starting to slow. Yet the scale of the slump in iron ore ...
http://www.iii.co.uk/articles/196050/mining-profit


Deutsche Bank Previews 3Q Steel Dynamics, Shares Up 3%
Fri, 17 Oct 2014 15:06:30 +0100
Deutsche Bank issued a 3Q 2014 preview for Steel Dynamics, Inc. (NASDAQ: STLD ) on Thursday and expected higher shipments and spread. Analyst Jorge Beristain expected the company to 'report 3Q14 adjusted ...
http://finance.yahoo.com/news/deutsche-bank-previews-3q-steel-140630218.html


TCS slumps nearly 9 percent, earnings miss estimates
Fri, 17 Oct 2014 13:24:27 +0100
Tata Consultancy Services Ltd(TCS.NS), India's biggest software services exporter, posted a 13.6 percent rise in quarterly net profit, but missed analyst estimates on weakness in outsourcing demand in Latin America and in some industrial sectors. TCS closed down 8.85 percent on Friday, marking its biggest single-day fall since May 2009 after disappointing earnings while sequential U.S. The TCS ...
http://ri.search.yahoo.com/_ylt=AwrBJSDYdkJUWGoAs1NnBQx./RV=2/RE=1413670744/RO=10/RU=http://uk.finance.yahoo.com/news/tcs-slumps-over-8-percent-040756285.html/RK=0/RS=MRU6VdG1u6MeI95JoQMRxZekOhI-


TCS slumps nearly 9 percent, earnings miss estimates
Fri, 17 Oct 2014 13:24:27 +0100
Tata Consultancy Services Ltd(TCS.NS), India's biggest software services exporter, posted a 13.6 percent rise in quarterly net profit, but missed analyst estimates on weakness in outsourcing demand in Latin America and in some industrial sectors. TCS closed down 8.85 percent on Friday, marking its biggest single-day fall since May 2009 after disappointing earnings while sequential U.S. The TCS ...
http://ri.search.yahoo.com/_ylt=AwrBJR5XJUFUozYAQhVnBQx./RV=2/RE=1413584343/RO=10/RU=http://uk.finance.yahoo.com/news/tcs-slumps-over-8-percent-040756285.html/RK=0/RS=8r5L1GCDfg2zdOoYp_8YJxTr864-


Fortescue focuses on debt payments despite iron ore price fall
Thu, 16 Oct 2014 07:51:20 +0100
* Fortescue to make early $500 million repayment on Friday SYDNEY, Oct 16 (Reuters) - Iron ore producer Fortescue Metals Group said it will make a $500 million bond repayment on Friday, more than three years before it is due, underscoring its confidence of turning a profit despite a slump in iron prices. Fortescue chief executive Nev Power said on Thursday the company would continue to pay down ...
http://uk.finance.yahoo.com/news/fortescue-focuses-debt-payments-despite-065120524.html


Fortescue Metals only just breaks even
Thu, 16 Oct 2014 04:06:11 +0100
Fortescue Metals Group only just broke even in the September quarter, achieving $US71 a tonne for iron ore as it beat analyst expectations on volumes to deliver yet another shipment record.
http://ri.search.yahoo.com/_ylt=AwrBJR7YdkJUkysAkVgn5gt./RV=2/RE=1413670744/RO=10/RU=http://www.theage.com.au/business/mining-and-resources/fortescue-metals-only-just-breaks-even-20141016-116yv9.html/RK=0/RS=ftUqFvyN3SsAmYKhJN7gGWcttic-


Fortescue only just breaks even in latest quarter
Thu, 16 Oct 2014 04:00:29 +0100
Fortescue Metals Group only just broke even in the September quarter, achieving $US71 a tonne for iron ore as it beat analyst expectations on volumes to deliver yet another shipment record.
http://ri.search.yahoo.com/_ylt=AwrBJSDZ0z9UJx4At30n5gt./RV=2/RE=1413497945/RO=10/RU=http://www.brisbanetimes.com.au/business/mining-and-resources/fortescue-only-just-breaks-even-in-latest-quarter-20141016-116yv9.html/RK=0/RS=jbAj.LHxfxhhT3BC2.7zUZR8LMI-


Aussie market climbs as strong Rio Tinto production, iron ore rally ...
Wed, 15 Oct 2014 01:35:32 +0100
While iron ore prices were flat overnight, the surge in prices the previous day continued to boost the miners, CommSec market analyst Juliana Roadley said. Ms Roadley said strong production reports from Rio Tinto and Whitehaven Coal had also bolstered ...
http://www.heraldsun.com.au/business/aussie-market-climbs-as-strong-rio-tinto-production-iron-ore-rally-boost-sentiment/story-fni0dcne-1227091131584



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