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Cement, steel makers agree to cut prices
Thu 15 May 6:22am
Secondary steel makers such as Bhushan Steel and National Steel, which manufacture mostly flat products, announced a price cut of Rs 4000 per tonne, ......

http://www.itvoir.com/portal/boxx/modules/blogs/Blog-Detail.asp?BlogID=437

Arcandor, Hochtief, RWE, Salzgitter: German Equity Preview
Thu 15 May 6:22am
AG (KCO GY): The steel trader plans to post first-quarter results. The company in April said full-year profit dropped 35 percent, depressed by lower ...FRA:SZG - OTC:RWEOY...

http://www.bloomberg.com/apps/news?pid=20601100&sid=a3Fj4xgibWhE&refer=germany

Tokyo Stocks Remain Upbeat in Morning
Thu 15 May 6:16am
Nippon Steel, JFE and Sumitomo Metal Industries enjoyed solid gains following the report about the steel price hike agreement with Toyota. ......

http://www.japancorp.net/Article.Asp?Art_ID=18181

Japan Stocks Rise to Four-Month High, Led by Sony on Forecast
Thu 15 May 5:22am
Nippon Steel Corp., the world's second-largest steelmaker, jumped 6 percent to 635 yen, the highest since Feb. 4. Smaller rival JFE Holdings Inc. gained 4.8 ...SNE...

http://www.bloomberg.com/apps/news?pid=20601101&sid=aI60zLLPL_rk&refer=japan

Local officials go to D.C. to seek trade sanctions - Vindicator
Thu 15 May 4:58am
A decision on trade sanctions on Chinese steel tube is expected next month. MERCER, Pa. ? A contingent of county residents traveled to Washington, D.C., to ask the United States International Trade......

http://www.vindy.com/news/2008/may/15/local-officials-go-to-dc-to-seek-trade-sanctions/

Fortescue says its first iron ore heads to China
Thu 15 May 4:54am
AX: Quote, Profile, Research) on Thursday said it had shipped the first of a planned 55 million tonnes of iron ore to China, breaking the hold of ...ASX:FMG - ASX:BHP - ASX:RIO...

http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSYD12125120080515

Iron mining to restart in Utah
Thu 15 May 4:39am
AP Updated: 2:23 PM- CEDAR CITY - A Utah mining company will sell iron ore to China, helping boost this southern Utah town's fortunes. ......

http://www.sltrib.com/ci_9255839

Sime Darby, Tenaga lift KLCI but steel stocks fall
Thu 15 May 4:33am
JP Morgan Asia Pacific Equity Research said Maybanks cumulative nine-months net profit of RM2.25bil was 67% and 65% of consensus and its full year forecast ......

http://biz.thestar.com.my/news/story.asp?file=/2008/5/15/business/20080515102647&sec=business

UPDATE 1-PRESS DIGEST - China - May 15
Thu 15 May 4:31am
Liuzhou Iron and Steel (601003.SS: Quote, Profile, Research) said it plans to issue up to 2 billion yuan ( dollar 286 million) in convertible bonds with detachable ......

http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSP10006420080515

UPDATE 1-Toyota agrees 30%-plus steel price hikes -media
Thu 15 May 4:31am
Shares in Nippon Steel, the world's second-largest steelmaker, rose 6.0 percent, and third-biggest JFE Holdings Inc (5411. ......

http://www.reuters.com/article/rbssConsumerGoodsAndRetailNews/idUST25634320080515

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