Chinese steel industry news

China steelmakers working on lower ore price - Deepika Global

Sat, 04 Jul 2009 15:32 GMT

BEIJING, Jul 4 (Reuters) China&os;s steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of Baosteel 600019.SS> said on Saturday, adding that the nation&os;s production was running high in July ...

Rising demand for base metals key indicator of GCC growth - Business24-7

Sat, 04 Jul 2009 13:59 GMT

Though it&os;s the energetic oil and the lustrous gold that hog media headlines as indicators of an upwardly or a downwardly mobile economy, economists affirm that the real indicator is consumption of base metals – particularly steel. That consumption ...

China defends M&A policy towards foreign investors - guardian.co.uk

Sat, 04 Jul 2009 06:51 GMT

China defends M&A policy towards foreign investors
guardian.co.uk
ArcelorMittal owns one-third of mid-sized Chinese steelmaker Valin Steel Tube & Wire Co and has a stake in Hong Kong-listed China Oriental Group Co. ...

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China steelmakers working on lower ore price-executive - Forbes

Sat, 04 Jul 2009 02:18 GMT

BEIJING, July 4 (Reuters) - China&os;s steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of Baosteel said on Saturday, adding that national output was running high in July. Xu Lejiang of ...

RPT-China steelmakers working on lower ore price - Forbes

Sat, 04 Jul 2009 01:49 GMT

BEIJING, July 4 (Reuters) - China&os;s steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of Baosteel said on Saturday, adding that the nation&os;s production was running high in July. Xu ...

China steelmakers working on lower ore price - Forbes

Sat, 04 Jul 2009 01:49 GMT

BEIJING, July 4 (Reuters) - China&os;s steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of Baosteel said on Saturday, adding that the nation&os;s production was running high in July. Xu ...

China steelmakers working on lower ore price-executive - Reuters

Sat, 04 Jul 2009 01:06 GMT

China Daily

China steelmakers working on lower ore price-executive
Reuters
BEIJING, July 4 (Reuters) - China's steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of ...
China Aims to Settle Iron Ore Price by End-JulyBloomberg
Asian Shares Mostly Higher; Miners GainWall Street Journal
China driving global steel industryMunster Times
Reuters -Wall Street Journal
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China steelmakers working on lower ore price - Reuters

Sat, 04 Jul 2009 00:33 GMT

China Daily

China steelmakers working on lower ore price
Reuters
BEIJING, July 4 (Reuters) - China's steel industry body is still looking for a lower iron ore price in negotiations with key suppliers, the president of ...
China Aims to Settle Iron Ore Price by End-JulyBloomberg
China driving global steel industryMunster Times
Asian Shares Mostly Higher; Miners GainWall Street Journal
Reuters -Wall Street Journal -Bloomberg
all 342 news articles »

Rays of recovery - Chinese manufacturing expands for fourth Month ... - SteelGuru

Fri, 03 Jul 2009 21:55 GMT

Rays of recovery - Chinese manufacturing expands for fourth Month ...
SteelGuru
Fushan International Energy Group Ltd a producer of steelmaking coal said last month that it raised prices for the first time since January. ...

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Who will blink first in iron ore price talks? - China Economic Net

Fri, 03 Jul 2009 19:51 GMT

The stand-off between China&os;s steel mills and the world&os;s major iron ore miners continues three days after the June-30 deadline to agree ore prices for the next 12 months. But who will blink first in the ongoing guessing game over how the global ...

Teck Sells 17% Stake to Chinese Fund for C$1.74 Billion to Reduce Debt - Bloomberg

Fri, 03 Jul 2009 15:09 GMT

Globe and Mail

Teck Sells 17% Stake to Chinese Fund for C$1.74 Billion to Reduce Debt
Bloomberg
Teck last year sold more than half of its coking coal production to Japan and Korea and recently started selling to China, the world's largest steelmaker. ...
Prospective partners woo Teck for stake in coal unitCreamer Media&os;s Mining Weekly
Teck to sell 17 percent stake to China for C$1.7 billionReuters India
Teck to erase more debt thanks to C$1,74bn Chinese investmentCreamer Media&os;s Mining Weekly

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Teck Sells 17% Stake to China Fund for C$1.74 Billion (Update4) - Bloomberg

Fri, 03 Jul 2009 14:51 GMT

July 3 (Bloomberg) -- Teck Resources Ltd. , Canada&os;s largest diversified mining company, sold a 17 percent stake to China&os;s $200 billion sovereign wealth fund for C$1.74 billion ($1.5 billion) to reduce debt. China Investment Corp., also known as CIC ...

Brazilian Stocks Fall, led by Petrobras, Usiminas; Ipsa Gains - Bloomberg

Fri, 03 Jul 2009 14:44 GMT

Petrobras , as Brazil’s state-controlled oil company is known, dropped for a fourth day as crude slumped for a third week of declines. Usiminas, as Brazil’s second-biggest steelmaker is known, fell 1.4 percent as metals dropped in London. The two ...

Prospective partners woo Teck for stake in coal unit - Creamer Media's Mining Weekly

Fri, 03 Jul 2009 13:01 GMT

Globe and Mail

Prospective partners woo Teck for stake in coal unit
Creamer Media&os;s Mining Weekly
Teck bought Canada's Fording Canadian Coal Trust last year, making it one of the world's biggest producers of steelmaking coal and the second largest for ...
Teck to sell 17 percent stake to China for C$1.7 billionReuters India
Teck to erase more debt thanks to C$1,74bn Chinese investmentCreamer Media&os;s Mining Weekly

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Teck Sells 17% Stake to China Fund for C$1.74 Billion - Bloomberg

Fri, 03 Jul 2009 11:24 GMT

Teck Sells 17% Stake to China Fund for C$1.74 Billion
Bloomberg
China is seeking access to raw materials for metals production, such as iron ore and coal. Wuhan Iron & Steel Group offered $400 million for part of Brazil ...

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Teck Sells 17% Stake to China Fund for C$1.74 Billion (Update3) - Bloomberg

Fri, 03 Jul 2009 11:16 GMT

July 3 (Bloomberg) -- Teck Resources Ltd. , Canada&os;s largest diversified mining company, sold a 17 percent stake to China&os;s $200 billion fund sovereign wealth fund for C$1.74 billion ($1.5 billion) to reduce debt. China Investment Corp., also known ...

METALS-Copper slips as jobs data stokes economy worries - Forex Pros

Fri, 03 Jul 2009 11:10 GMT

METALS-Copper slips as jobs data stokes economy worries
Forex Pros
Elsewhere, steel-making ingredient nickel was last bid at $16205 a tonne from $16450, while tin was last bid at $14350 a tonne from $14300.

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FACTBOX: Chinese investments in commodities, energy sectors - Reuters

Fri, 03 Jul 2009 08:28 GMT

CBC.ca

FACTBOX: Chinese investments in commodities, energy sectors
Reuters
TO) said it had finalized terms of an agreement with China's Wuhan Iron and Steel Corp for a $240 million investment. * May 24, 2009 - Asia's largest oil ...
Teck Sells 17% Stake to China Fund for C$1.74 BillionBloomberg
China gives Teck breathing room on debtGlobe and Mail
Teck to sell 17 percent stake to China for C$1.7 billionReuters

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Teck Sells 17% Stake to China Fund for C$1.74 Billion (Update2) - Bloomberg

Fri, 03 Jul 2009 08:24 GMT

Brazil Real Gains Against Dollar on Signs of Economic Recovery - Bloomberg

Fri, 03 Jul 2009 07:39 GMT

WHDH-TV

Brazil Real Gains Against Dollar on Signs of Economic Recovery
Bloomberg
The Bovespa index advanced, indicating the gauge may pare its weekly decline, after Bank of America Corp. said domestic steel prices have reached a bottom. ...
Brazil stocks, real close up on global dataReuters

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