Chinese Steelmaking Sector Reports

Teck Sells 17% Stake to China Fund for C dollar 1.74 Billion (Update4) (Bloomberg)
Fri 3 Jul 2009 11:40pm
July 3 (Bloomberg) -- Teck Resources Ltd. , Canada's largest diversified mining company, sold a 17 percent stake to China's dollar 200 billion sovereign wealth fund for C dollar 1.74 billion ( dollar 1.5 billion) to reduce debt....


Teck Sells 17% Stake to China Fund for C dollar 1.74 Billion (Update3) (Bloomberg)
Fri 3 Jul 2009 9:06pm
July 3 (Bloomberg) -- Teck Resources Ltd. , Canada's largest diversified mining company, sold a 17 percent stake to China's dollar 200 billion fund sovereign wealth fund for C dollar 1.74 billion ( dollar 1.5 billion) to reduce debt....


Teck to sell 17 percent stake to China for C dollar 1.7 billion (The Globe and Mail)
Fri 3 Jul 2009 7:33pm
TORONTO (Reuters) - Canada's Teck Resources will sell a 17.2 percent equity stake to state-owned China Investment Corp through a private placement that will raise C dollar 1.74 billion ( dollar 1.5 billion) and help the miner pay down debt, it said on Friday....


Teck Sells 17% Stake to China Fund for C dollar 1.74 Billion (Update1) (Bloomberg)
Fri 3 Jul 2009 4:42pm
July 3 (Bloomberg) -- Teck Resources Ltd ., Canadas largest diversified mining company, sold a 17 percent stake to China Investment Corp., the countrys dollar 200 billion fund sovereign wealth fund, for C dollar 1.74 billion ( dollar 1.5 billion) to reduce debt....


Teck to sell 17 percent stake to China for C dollar 1.7 billion (Reuters via Yahoo! Canad...
Fri 3 Jul 2009 2:17pm
Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp through a private placement that will raise C dollar 1.74 billion ( dollar 1.5 billion) and help the miner pay down debt....


Teck to sell 17 pct stake to China for C dollar 1.7 bln (Reuters via Yahoo! Singapore News)
Fri 3 Jul 2009 2:09pm
* To sell 17.2 percent stake to China Investment Corp...


Copper slips as data stoke economic worries - Globe and Mail
Fri 3 Jul 2009 1:00pm
Copper slips as data stoke economic worriesGlobe and MailElsewhere, steel-making ingredient nickel was last bid at dollar 16205 a tonne from dollar 16450, while tin was last bid at dollar 14350 a tonne from dollar 14300.and more »...


China Manufacturing Expands a Fourth Month, PMI Shows - Bloomberg
Wed 1 Jul 2009 12:48pm
China Manufacturing Expands a Fourth Month, PMI ShowsBloombergFushan International Energy Group Ltd., a producer of steelmaking coal, said last month that it raised prices for the first time since January. ...and more »...


Schnitzer Steel posts surprise Q3 loss; shares drop - Reuters
Tue 30 Jun 2009 5:03pm
Schnitzer Steel posts surprise Q3 loss; shares dropReutersThe steel industry has been grappling with plummeting prices and shrivelling demand following a boom period of China-fueled growth. ...and more »...


Peter Hambro Discusses Iron-Ore Tie Up With Chinese Steelmakers - Bloomberg
Mon 22 Jun 2009 2:38pm
Peter Hambro Discusses Iron-Ore Tie Up With Chinese SteelmakersBloomberg... producer in Russia, is seeking investment from a Chinese steelmaker to help fund an iron-ore mining and processing project it bought two months ago. ...and more »...


Fitch Sees 'Prolonged Stand-Off' in China Iron Talks - Bloomberg
Thu 18 Jun 2009 7:08pm
Fitch Sees 'Prolonged Stand-Off' in China Iron TalksBloombergJune 18 (Bloomberg) -- A prolonged stand-off may occur in this year's iron-ore contract price talks between Chinese steelmakers and ...and more »...


Shougang won't interfere with Mt Gibson ore prices - The Australian
Mon 1 Jun 2009 7:44am
SHOUGANG Corp. won't interfere with Mount Gibson Iron on the issue of setting iron ore prices, a senior executive said today. They (Mount Gibson) can set their prices based on ......


CORRECTED-BHP voices doubts about global commodity rally - Reuters UK
Mon 1 Jun 2009 6:39am
Corrects RIC in first paragraph to ) * BHP Billiton CEO says global demand picture unclear * China commodity-buying not entirely reflecting real demand * Declines ......


Group says 33% cut in ore price small - China Economic Net
Mon 1 Jun 2009 5:28am
Chinese mills won't accept the 33 percent cut in annual iron ore contract price agreed between Rio Tinto and other Asian mills, China's steel industry association warned yesterday ......


Sector steels itself for capacity cuts - China Economic Net
Mon 1 Jun 2009 4:23am
With the removal of four furnaces, one of which had been operational for over 50 years, Hebei Iron and Steel Group (HBIS) took its first steps toward meeting its goal of closing 1 ......