steel takeover news

TAKE A LOOK-BHP Billiton bids for Rio Tinto - Reuters UK

Thu, 15 May 2008 17:04 GMT

BHP Billiton Ltd/Plc (BHP.AX: Quote , Profile , Research ) (BLT.L: Quote , Profile , Research ) Chief Executive Marius Kloppers won&os;t rule out adding cash to its all-share, around $135 billion bid for Rio Tinto Ltd/Plc (RIO.AX: Quote , Profile ...

Rio Tinto hits back at China in iron ore fight - Financial Times

Thu, 15 May 2008 17:04 GMT

Rio Tinto on Thursday night slammed Chinese steelmakers over increasingly aggressive negotiating tactics, after the China Iron & Steel Association called for its members to boycott the Anglo-Australian mining group’s spot sales of iron ore. The ...

Brazil steel consumption revised higher - industry

Thu, 15 May 2008 15:28 GMT

RIO DE JANEIRO, May 15 (Reuters) - Brazil's steel industry raised its forecast for sales growth in the red-hot domestic market this year to over 13 percent ...

Salzgitter Net Little Changed as Tax Offsets Iron Ore (Update1)

Thu, 15 May 2008 10:53 GMT

Vale do Rio Doce, the world's largest exporter of the raw material, Chief Executive Officer Wolfgang Leese said April 1. Salzgitter will pay 95 percent more ...FRA:SZG - ASX:IOH

Chinese call for a boycott of Rio

Thu, 15 May 2008 10:31 GMT

Both Rio and BHP have been putting more ore on spot markets to maximise pressure on the Chinese. But so far BHP, perhaps sensitive to China's concerns over ...

Rio Tinto hits back at China in iron ore price fight - Financial Times

Thu, 15 May 2008 09:47 GMT

Rio Tinto slammed Chinese steelmakers over increasingly aggressive negotiating tactics, after the China Iron & Steel Association called for its members to boycott the Anglo-Australian mining group’s spot sales of iron ore. The steelmakers have ...

South African Equities: Absa, BHP, MTN, SABMiller, Stratcorp

Thu, 15 May 2008 07:04 GMT

China Iron & Steel Association, which represents the world's largest buyer of iron ore, reiterated it opposed attempts by BHP's rival Rio Tinto Group to ...

FMG denies any stake purchase talks with Chinese investors

Thu, 15 May 2008 04:46 GMT

And Rio and BHP's attempts in recent years to maximise their own interests at the cost of the benefits of the Chinese steel mills and iron ore traders has ...ASX:FMG

UPDATE 1-China steel group opposes Rio Tinto spot ore sales

Thu, 15 May 2008 04:44 GMT

N: Quote, Profile, Research) of Brazil and BHP Billiton Ltd/Plc (BHP.AX: Quote, Profile, Research)(BLT.L: Quote, Profile, Research) to supply iron ore to ...

UPDATE 1-China steel group opposes Rio Tinto spot ore sales - Reuters UK

Thu, 15 May 2008 03:06 GMT

SHANGHAI/SYDNEY, May 15 (Reuters) - The China Iron and Steel Association on Thursday urged Chinese steel mills and trading companies not to support Rio Tinto Ltd/Plc&os;s (RIO.AX: Quote , Profile , Research )(RIO.L: Quote , Profile , Research ) efforts ...

UPDATE: China Assoc Asks Cos To Boycott Rio's Spot Ore Sales

Thu, 15 May 2008 02:48 GMT

SHANGHAI -(Dow Jones)- China Iron & Steel Association Thursday asked domestic steel mills and iron ore traders to boycott Rio Tinto PLC's (RTP) spot iron ...

China steel association calls for boycott of Rio Tinto spot iron ...

Thu, 15 May 2008 02:48 GMT

Chinese steel mills are still negotiating with Rio Tinto and BHP Billiton (BHP) on the iron ore contract price for the year beginning April 2008.

China opposition to spot iron ore sales concerning:Rio - Reuters

Thu, 15 May 2008 02:30 GMT

SYDNEY, May 15 (Reuters) - Rio Tinto Ltd/Plc (RIO.AX: Quote , Profile , Research ) (RIO.L: Quote , Profile , Research ) said opposition in China to its sales of iron ore into more lucrative spot markets was a "very concerning development." Rio also ...

UPDATE: China Assoc Asks Cos To Boycott Rio's Spot Ore Sales - CNNMoney.com

Thu, 15 May 2008 01:37 GMT

UPDATE: China Assoc Asks Cos To Boycott Rio's Spot Ore Sales
CNNMoney.com - 1 hour ago
Chinese steel mills, led by Baosteel Group Corp., are still negotiating with Rio Tinto and BHP Billiton Ltd. (BHP) on the iron ore contract price for 2008. ...
China steel association calls for boycott of Rio Tinto spot iron ... Trading Markets (press release)
Iron prices still red-hot, says Rio The Australian
Firm hits the road to exploit iron ore price spike The Australian
The Australian
all 14 news articles

Rio Seeking Chinese Partner for West African Ore Mine, FT Says

Thu, 15 May 2008 00:24 GMT

By Rebecca Keenan May 15 (Bloomberg) -- Rio Tinto Group is seeking partnerships with Chinese steel and construction companies to help develop the $6 billion ...

Rio Tinto may partner with China on ore project: report

Wed, 14 May 2008 23:43 GMT

By MarketWatch , , ) is reportedly considering taking on a Chinese steel maker as a partner in the development of its Simandou iron ore project in Guinea. ...

Fortescue says its first iron ore heads to China

Wed, 14 May 2008 22:35 GMT

Chinese steel mills' insatiable appetite for iron ore to feed a growing steel industry has helped push prices higher for six straight years, ...ASX:FMG - ASX:BHP - ASX:RIO

Australian shares close at four-month high, driven by BHP, Rio Tinto ... - Finanz Nachrichten

Wed, 14 May 2008 22:27 GMT

SYDNEY (Thomson Financial) - Australian shares closed sharply higher on Wednesday, propelled by big gains by BHP Billiton ( News ) ( News ) and Rio Tinto ( News ) ( News / Aktienkurs ) as speculation dominated trade in the global mining heavyweights ...

TO THE POINT

Wed, 14 May 2008 20:10 GMT

ArcelorMittal (MT) said it will raise its prices about 20% on flat carbon steel products in Europe. BHP Billiton (BHP) and Rio Tinto (RTP) rose amid ...RTP - ASX:BHP

BHP Billiton, Rio Tinto strike record highs - News.com.au

Wed, 14 May 2008 19:07 GMT

BHP Billiton and Rio Tinto shares surged to record highs yesterday amid suggestions BHP will sweeten its bid for Rio and fresh rumours that China Inc is poised to take a strategic stake in BHP. Shares in BHP and Rio climbed $2.78 to $48.56 and $6.60 ...