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Meltdown in China has metal stocks sinking in India
Wed, 29 Jul 2015 20:59:00 +0100
MUMBAI: Shares of Indian metal companies have slipped into a bear market on concern the slowdown in the Chinese economy would drag down prices further. Tata Steel, Hindalco, Jindal Steel and SAIL have dropped between 30 per cent and 50 per cent this year ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=33826bea010646648bff64cf12258930&url=http%3a%2f%2feconomictimes.indiatimes.com%2fmarkets%2fstocks%2fnews%2fmeltdown-in-china-has-metal-stocks-sinking-in-india%2farticleshow%2f48274156.cms&c=bcoxHgcWcI-ICdIIVkyRu0pGj2h3Eb2DwCydriMEPKw&mkt=en-gb


ArcelorMittal's Q2 Earnings Preview: Weak Market Conditions For Iron ...
Wed, 29 Jul 2015 17:10:33 +0100
ArcelorMittal (NYSE:MT), the world's largest steel producer, will announce its second quarter results and conduct a conference call with analysts on July 31. We expect the company to report weak earnings in Q2, given the sharp decline in iron ore ...
http://www.trefis.com/stock/mt/articles/307971/arcelormittals-q2-earnings-preview-weak-market-conditions-for-iron-ore-and-steel-to-negatively-impact-results/2015-07-29


Dalian iron ore jumps 4 pct as steel prices recover - Reuters
Wed, 29 Jul 2015 06:24:11 +0100
ReutersShanghai rebar gains, but off day's peak * Spot iron ore rises to near-one-month high By Manolo Serapio Jr MANILA, July 29 Chinese iron ore futures climbed 4 percent to hit their upside limit on Wednesday, spurred by a recovery in steel prices that may ...
http://in.reuters.com/article/2015/07/29/markets-ironore-idINL3N1091MW20150729


United States Steel Corporation Declares Dividend
Wed, 29 Jul 2015 01:15:00 +0100
PR Newswire - PITTSBURGH, July 28, 2015 /PRNewswire/ -- United States Steel Corporation (NYSE: X) announced today that its Board of Directors declared a dividend of five cents per share on U. S. Steel Common Stock. The ...
http://us.rd.yahoo.com/finance/news/rss/story/*http://finance.yahoo.com/news/united-states-steel-corporation-declares-001500856.html


Steel Price Forecast, July 2015: HRC, CRC, HDG, Plate - MetalMiner
Tue, 28 Jul 2015 16:19:23 +0100
Without a doubt the historical passage of several trade measures in the US has the potential to change the steel products landscape in the coming years. After all, US HRC steel prices have dropped by 25% since the start of this year. The steel industry ...
http://agmetalminer.com/2015/07/28/steel-price-forecast-july-2015-hrc-crc-hdg-plate/


Steel industry facing a lot of hurdles: JSW
Tue, 28 Jul 2015 15:35:00 +0100
clearance and availability of finance at competitive prices, JSW Steel chairman Sajjan Jindal has said. Speaking at the companys AGM on Tuesday, Mr Jindal, who leads the steel-to-cement conglomerate, added that the unprecedented growth in steel imports in ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=f852f48cb7b04d28a4861a8ec8eb0bf4&url=http%3a%2f%2fwww.asianage.com%2fbusiness%2fsteel-industry-facing-lot-hurdles-jsw-561&c=cadfxVz8l80Y7NVNii0yrhAG3qwA5BRwBFH3IcBEFtk&mkt=en-gb


Credit Suisse sees 'extraordinary' steel exports from China - THE ...
Tue, 28 Jul 2015 02:54:47 +0100
Overseas sales from China rose to 52.4 million metric tons in the first half of the year, in line with Japan's total crude- steel production of 52.6 million tons for the period, Tokyo- based analyst Shinya Yamada said in a report. As export growth ...
http://www.businesstimes.com.sg/energy-commodities/credit-suisse-sees-extraordinary-steel-exports-from-china


Iron Ore Bargain-Hunting by China Wins Reprieve for Shipping - Bloomberg
Tue, 28 Jul 2015 00:16:45 +0100
The bear market in iron ore is sending Chinese steel mills on a bargain hunt and giving shipping companies their best rates this year. Analysts and brokers are already warning the good times won't last. The acceleration in bookings of Capesizes, ...
http://www.bloomberg.com/news/articles/2015-07-27/iron-ore-bargain-hunting-by-china-wins-reprieve-for-shipping


Iron ore shortage claims in China a welcome court decision for ...
Mon, 27 Jul 2015 22:00:57 +0100
Claims from Chinese cargo receivers against shipowners for alleged short delivery of cargoes of iron ore fines in bulk are invariably paper losses the cargo is bought and sold in dry metric tons (DMT) but shipped in wet metric tons (WMT) under a bill ...
http://www.hellenicshippingnews.com/iron-ore-shortage-claims-in-china-a-welcome-court-decision-for-shipowners/


Chinese spot alumina prices hold steady despite smelter cuts
Mon, 27 Jul 2015 18:47:00 +0100
Receive additional information on Metals Alert Platts Metals Alert is the metal and steel industry's leading real-time news ... so now we have to wait and see if others follow, a Henan smelter source said. However, talks of smelter cuts have not provided ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=a05d2862324e447c9d15dcc230d1d135&url=http://www.platts.com/latest-news/metals/singapore/chinese-spot-alumina-prices-hold-steady-despite-21851801&c=k0To5O1qKdeoo6l0DHjRO66e-mt0-IAWegdEKm63zN0&mkt=en-gb


Bleak iron ore outlook drags Australia's Atlas down 70 per cent - ...
Mon, 27 Jul 2015 11:15:30 +0100
SYDNEY: Shares in Australian miner Atlas Iron Ltd tumbled 70 per cent on Monday after the stock resumed trading following a four-month hiatus caused by the collapse in iron ore prices. The shares closed at 3.6 Australian cents, well under the 12 cents ...
http://economictimes.indiatimes.com/news/international/business/bleak-iron-ore-outlook-drags-australias-atlas-down-70-per-cent/articleshow/48236554.cms


KIOCL To Sell High-grade Iron Pellets To Iran
Mon, 27 Jul 2015 08:45:00 +0100
New Delhi/Manila: KIOCL Ltd, owned by the Steel Ministry, has agreed to sell high-quality iron ... with Tehrani as well as Iran's state-owned mines and metal holding company IMIDRO and the Iranian Mines and Mining Industries Development and Renovation ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=ebd738f14fe1492dba3a10467a46c616&url=http://profit.ndtv.com/news/corporates/article-kiocl-to-sell-high-grade-iron-pellets-to-iran-1201106&c=33q3sAYBPPFqYbF4YDWlwI8VAvJ5burfAigz7k2UUvE&mkt=en-gb


Anglo American and Lonmin to cut thousands of jobs
Mon, 27 Jul 2015 00:00:00 +0100
UK-based mining firms Anglo American and Lonmin have announced plans to cut thousands of jobs amid a slump in commodity prices.
http://www.mining-technology.com/news/newsanglo-american-and-lonmin-cut-thousands-jobs-4631668


Chinese to invest $3m in Tanzania Graphite
Sun, 26 Jul 2015 16:16:00 +0100
The company has an average annual turnover of USD$600million and managing iron ore importing for Shougang Group (one of China's largest steel producers). Madame Chen has also a finance and investment company which is one of Beijing's largest companies ...
http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=e9033d1fd6164cbbb43edf2265831ff0&url=http://www.busiweek.com/index1.php%3FCtp%3D2%26pI%3D3780%26pLv%3D3%26srI%3D54%26spI%3D100%26cI%3D11&c=0G8VY9d-P3BN9buRXeyAFyfaPF0FW-9vdtabQuTihpg&mkt=en-gb


Steel industry woes not due to FTA - The Hindu
Sat, 25 Jul 2015 18:44:00 +0100
The HinduThe current woes of the Indian Steel industry, which is reeling under profitability and margin pressure, cannot be attributed to cheaper imports from Free Trade Agreement (FTA) partners such as South Korea, Japan and Malaysia, Commerce Minister Nirmala ...
http://www.thehindu.com/business/Industry/steel-industry-woes-not-due-to-fta/article7464729.ece



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