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NMDC Buys 30% More Stake In Australian Unit Legacy Iron Ore - Hindu ...
Mon, 01 Sep 2014 17:44:58 +0100
NMDC last month raised its stake in its Australian subsidiary Legacy Iron Ore Ltd to 78.56 per cent from 48.82 per cent at a cost of A$12.3 million (about 69 crore). It acquired additional shares through exercise of its entitlement (in a right issue ...
http://www.thehindubusinessline.com/companies/nmdc-buys-30-more-stake-in-australian-unit-legacy-iron-ore/article6370326.ece


United States Steel Given "Neutral" Rating at Zacks (X) ...
Mon, 01 Sep 2014 12:43:53 +0100
Zacks currently has a $41.00 price objective on the stock. A number of other analysts have also recently weighed in on X. Analysts at Compass Point reiterated an outperform rating on shares of United States Steel in a research note on Monday, August 25th.Reliance Steel & Aluminum Given Consensus Rating of "Hold" by Brokerages ...
http://www.wkrb13.com/markets/365658/united-states-steel-given-neutral-rating-at-zacks-x/


Central European PMIs point to slowdown as sanctions hit sentiment
Mon, 01 Sep 2014 12:03:24 +0100
Polish manufacturing activity shrank for a second straight month in August and Czech expansion slowed more than expected, adding to signs weaker euro zone economies and crisis in Ukraine are cooling growth in the EU's east. Economies in central Europe have rebounded strongly from a sharp slowdown or even contraction in the past year but are starting to slow, and analysts expect that to continue ...
http://uk.finance.yahoo.com/news/central-european-pmis-point-slowdown-110324678.html


Flat steel producers raise price by Rs 500/tonne
Mon, 01 Sep 2014 08:10:00 +0100
NEW DELHI: Buoyed by an increased demand from automobile and consumer durables sectors, flat steel makers have raised the price by up to Rs 500 a tonne to offset rising input costs, industry sources said. "The hike by up to Rs 500 per tonne has been ...
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Share market rises as iron ore prices edge off low - ABC Online
Mon, 01 Sep 2014 04:39:49 +0100
Share market rises as iron ore prices edge off low. By Anita Savage. Posted September 01, 2014 13:37:42. Map: Australia. The Australian share market is rising modestly with mining firms among those trading higher. The All Ordinaries Index was 9 points ...
http://www.abc.net.au/news/2014-09-01/share-market-rises-as-iron-ore-prices-edge-off-low/5710598


Some sympathy for Tata Steels predicament
Sun, 31 Aug 2014 21:47:00 +0100
IF you borrowed heavily to buy your home at the height of the property boom you can empathise a bit with the current woes of Tata Steel Europe. The scale may be different Tata revealed an eye watering 1.2bn annual loss in its European steel ...
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Tata Steel asks for 8 more years to improve air quality in Scunthorpe
Sat, 30 Aug 2014 08:09:00 +0100
TATA Steel bosses are seeking an eight-year stay of execution to cut emissions from the coke ovens on the Scunthorpe site as they fear the costs would far outweigh the environmental benefits. The company, which employs 4,000 people in the town, has ...
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Must-know: Why ArcelorMittals rating was upgraded
Fri, 29 Aug 2014 19:00:00 +0100
Must-know: Why steel investors are celebrating (Part 5 of 5) (Continued from Part 4) Rating upgrade for ArcelorMittal On August 26, 2014, UBS upgraded ArcelorMittal (MT) to buy with a price target of $19. This is two notches above the current sell rating ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=3b7a8cb9bfb942a6b1baf11370303a87&url=http%3a%2f%2ffinance.yahoo.com%2fnews%2fmust-know-why-arcelormittal-rating-170021370.html&c=DltlUiZko3NXs44ibPxWCnLWtisHM-3eNs0vE4N4SSo&mkt=en-gb


Reliance Steel & Aluminum Given Average Rating of Hold by Analysts
Fri, 29 Aug 2014 17:00:55 +0100
Reliance Steel & Aluminum has earned an average recommendation of Hold from the eight analysts that are currently covering the stock, American Banking News.com reports .
http://www.topix.com/business/steel/2014/08/reliance-steel-aluminum-given-average-rating-of-hold-by-analysts


Consultant-News.com Latest News from the World of Consultancy
Fri, 29 Aug 2014 14:43:19 +0100
Experts and analysts routinely blame the struggles of the steel industry on overcapacity and import pressure. It is no secret that the steel industry has been struggling for some time.
http://www.consultant-news.com/article_display.aspx?p=adp&id=11870


Must-know: Why ArcelorMittals rating was upgraded
Fri, 29 Aug 2014 11:21:00 +0100
Must-know: Why steel investors are celebrating (Part 5 of 5) (Continued from Part 4) Rating upgrade for ArcelorMittal On August 26, 2014, UBS upgraded ArcelorMittal (MT) to buy with a price target of $19. This is two notches above the current sell rating ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=c54520c50b3a4b2f83db672c89694155&url=http%3a%2f%2ffinance.yahoo.com%2fnews%2fmust-know-why-arcelormittal-rating-170021370.html&c=DltlUiZko3NXs44ibPxWCnLWtisHM-3eNs0vE4N4SSo&mkt=en-gb


Iron ore price falls hit higher cost Australian miners - ABC Online
Fri, 29 Aug 2014 11:11:23 +0100
SAUL ESLAKE: So I wouldn't be rushing to revise up estimates of the budget deficit just yet, although obviously if iron ore prices do continue on this trajectory, or indeed don't rebound to something in the mid-90s, then all else being equal, the ...
http://www.abc.net.au/pm/content/2014/s4077300.htm


China policy could spell hard times for Australian iron ore producers ...
Fri, 29 Aug 2014 08:35:39 +0100
He says that BHP and Rio have been able to massage currency and output effectively but they're also keeping prices low in a clear bid to force Chinas's higher cost domestic iron ore producers out. The problem, he says, is that China may choose to ...
http://www.theaustralian.com.au/business/mining-energy/china-policy-could-spell-hard-times-for-australian-iron-ore-producers/story-e6frg9df-1227041700193


Challenging Conventional Wisdom in Steel: A New Approach For An Old ...
Fri, 29 Aug 2014 07:39:00 +0100
Experts and analysts routinely blame the struggles of the steel industry on overcapacity and import pressure. It is no secret that the steel industry has been struggling for some time. Analysts and industry experts alike constantly point to global ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=d45ff73ce48a4fac9b1636c6a650fb00&url=http%3a%2f%2fwww.consultant-news.com%2farticle_display.aspx%3fid%3d11870&c=MnNxrTIIkfXjS4DwIkI2m303gjmx_ZXdXE_ip7CPYw8&mkt=en-gb


Friday newspaper round-up: AA, Iron ore prices, Ocado...
Fri, 29 Aug 2014 07:15:10 +0100
Friday newspaper round-up: AA, Iron ore prices, Ocado... Shareholder groups last night warned of a corporate governance breakdown at the AA after chief executive Chris Jansen resigned two months after its stock market float.
http://www.sharecast.com/news/friday-newspaper-round-up-aa-iron-ore-prices-ocado/22000907.html



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