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10 Things You Need To Know Before The Opening Bell - 6/19/2013 7:35:00 AM ET
Dry bulk cargo volumes rise on US Great Lakes - 6/19/2013 7:09:00 AM ET
US flag Great Lakes freighters carried 10.1 million tonnes of dry bulk cargo in May an increase of 3.3% compared to the corresponding period last year. The May float was also largely in line with the month's long term average. US flag lakers moved 4.9 million tonnes of...
Greek government back in talks to end TV crisis - 6/19/2013 7:05:00 AM ET
ATHENS, Greece (AP) -- Greece's governing coalition parties are to meet for a second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT....
Rio Tinto, Chalco and IFC meet Guinea for Simandou iron ore project - 6/19/2013 7:01:00 AM ET
Leaders from the Republic of Guinea, Rio Tinto, and IFC, a member of the World Bank Group, met in London on June 16, 2013 to discuss their project to develop Guinea's Simandou Blocks 3 and 4 project. Present at the meeting were President Conde, Sam Walsh, CEO of Rio...
Rio Tinto sacking staff at iron ore operations in WA - 6/19/2013 7:00:00 AM ET
The ABC has confirmed that Rio Tinto is sacking more staff at its iron ore operations in Western Australia. The jobs that are going include executives at the general manager and manager level. Up to 50 manager and general manager roles, based mostly in Perth, will go as...
Q3 bench mark eludes coking coal market in game of up brinkmanship - 6/19/2013 6:58:00 AM ET
Yet another week passed in imbroglio over quarterly pricing. Whereas USD 147 per tonne seemed plausible the Japanese mill Nippon Steel Sumitomo Metals Corp kept the grapevine agog with expectation of around USD 142-143 per tonne from Canadian sources. However Australian...
Market rally continues pulling iron ore as well in China - 6/19/2013 6:57:00 AM ET
Steel price maintained the uptrend for the second day this week sending encouraging signal to the iron ore prices as well which rallied which broke silence after 12 days improving by3%. Finished market replenishment of stocks at traders and stockiest end is expected to...
Indian copper up on spot demand - 6/19/2013 6:56:00 AM ET
BS reported that Indian copper prices rose by INR 2.55 to INR 412 per kilogram in futures trading as speculators created fresh positions amid increased demand in the spot market. At the Multi Commodity Exchange, copper for delivery in June rose by INR 2.55 or 0.62% to...
Sovereign Gold to drill test 3 to 4moz gold Exploration Target at Hobbs - 6/19/2013 6:55:00 AM ET
Sovereign Gold is preparing a drilling campaign which will commence later this month in New South Wales to test the Conceptual Exploration Target at the Hobbs Gold Pipe 1 Deposit of 3 million to 4 million gold ounces with a grade range 1.13 gram per tonne to 1.40 gram per...
Manas Resources completes capital raising for Shambesai Gold Project - 6/19/2013 6:54:00 AM ET
Manas Resources is now well funded to accelerate permitting and development activities at its wholly owned Shambesai Gold Project in the Kyrgyz Republic after completing a AUD 4.6 million private placement. This follows the placement of the second tranche of 14.3 million...
Copper One appoints Ms Deborah as new CFO - 6/19/2013 6:53:00 AM ET
Copper One Inc announced the appointment of Ms Deborah Battiston as Chief Financial Officer, effective immediately. The appointment of Ms Battiston follows the resignation of Mr Francois Laurin as Chief Financial Officer. Copper One thanks Mr Laurin for his service. ...
UAE revives bourse merger proposal after huge aluminium deal - 6/19/2013 6:52:00 AM ET
Reuters reported that the United Arab Emirates has revived a proposal to merge its two main stock exchanges in a state backed deal that could boost trade in the local market and attract more foreign investment to the Gulf state. Talks on a potential merger between the...
Norsk Hydro acquires metal refinery in Norway - 6/19/2013 6:51:00 AM ET
Hydro has signed an agreement with Rio Tinto Alcan to acquire its 50% ownership share in the Vigeland Metal Refinery AS and 100% ownership share in the AS Vigelands Brug hydropower station located in southern Norway. Hydro held 50% ownership share in Vigeland Metal...
Japan aluminum fee expected steady in Q3 - 6/19/2013 6:50:00 AM ET
According to three executives with direct knowledge of the negotiations, two aluminum buyers in Japan, Asia’s biggest importer, agreed to keep fees paid to producers steady in the Q3. The premium will be USD 249 per tonne over the price of aluminum for immediate...
Judge rejects challenge to Rosemont mine permit - 6/19/2013 6:49:00 AM ET
Tucson News Now reported that an administrative law judge has handed a victory to backers of the proposed Rosemont copper mine southeast of Tucson. Monday, the judge upheld an appeal of Rosemont's aquifer protection permit issued by the Arizona Department of...
Freeport safety result likely next week - 6/19/2013 6:48:00 AM ET
The ministry overseeing the mining industry is set to announce next week its decision on whether Freeport Indonesia can resume operations in Papua after fatal mining accidents in the past 5 weeks. Mr Jero Wacik energy and mineral resources minister of Indonesia said said...
Peru protesters push to stop USD 5 billion Newmont mine - 6/19/2013 6:47:00 AM ET
Reuters reported that thousands of opponents of USD 5 billion gold project of Newmont Mining circled a lake high in the Andes vowing to stop the company from eventually draining it to make way for Peru's most expensive mine. Lake Perol is one of several lakes that would...
Indonesia may decide this week on Freeport mine operations - Minister - 6/19/2013 6:46:00 AM ET
Reuters reported that Indonesia's government may decide this week on whether to allow Freeport McMoRan Copper and Gold Inc to resume open pit mining. Mr Jero Wacik energy and mineral resources minister of Indonesia said that five weeks after a tunnel collapse killed 28...
Sterlite Copper plant oxygen unit resumes work - 6/19/2013 6:45:00 AM ET
More than 2 months after the Sterlite Copper plant here was shut following an alleged gas leak, its oxygen plant has resumed operations in the presence of an expert team during the second phase of inspection. The five member expert team, comprising Prof Sai and Ligy...
EDF might take stake in French Rio Tinto aluminum plant - 6/19/2013 6:44:00 AM ET
Reuters reported that French utility EDF could take a stake of up to 40% in Rio Tinto's Saint Jean de Maurienne aluminum plants in exchange for agreeing a discount on the electricity it supplies. Rio Tinto is negotiating with Germany's Trimet Aluminium AG over a sale of...
China enterprises cut production capacity of electrolytic aluminum - 6/19/2013 6:43:00 AM ET
The data from General Administration of Customs of the People’s Republic of China showed that in May, China's imported alumina totaled 200,000 tonnes decreased by 72% YoY and 38% MoM. January to May this year, China's imported alumina totaled 1.56 million tonnes...
Minera Esperanza optimization to boost throughput above original design - 6/19/2013 6:42:00 AM ET
Business News Americas reported that Chilean miner Minera Esperanza, 70% controlled by Antofagasta Minerals, has submitted an environmental impact assessment to the regional environmental evaluation service for a USD 350 million optimization project at the copper operation...
Bosnia seeks to avert closure of top exporter Aluminij - 6/19/2013 6:41:00 AM ET
Reuters reported that Authorities in Bosnia sought to avert the closure of the country's top exporter, aluminium smelter Aluminij Mostar with a deal to settle its ownership structure and redundancy issues. Officials said that the agreement could be inked on Monday,...
Kobe Steel begins marketing of improved ALJADE - 6/19/2013 6:40:00 AM ET
Kobe Steel, Limited announces that in June it started marketing ALJADE™, a new improved version of its 5052 aluminum alloy plate for precision machining. Following on from ALJADE™-II, Kobe Steel decided to simplify the name and call the improved product...
KLTM tin closes lower at USD 20200 per tonne - 6/19/2013 6:39:00 AM ET
Bernama reported that tin price on the Kuala Lumpur Tin Market eased USD 100 per tonne to USD 20,200 per tonne despite the metal being unchnged at USD 20,400 per tonne on the London Metal Exchange. Dalers said that at the opening price of USD 20,300 per tonne, there was...
London copper drops for 2nd day as market eyes Fed - 6/19/2013 6:38:00 AM ET
Reuters reported that London copper eased for a second straight session with investors cautious as they wait for more clues on the outlook for US stimulus at 2 day Federal Reserve meeting starting later in the day. Asian shares fell while commodities were on the back...
Classic Minerals detects 18 massive nickel sulphide conductors in Fraser Range - 6/19/2013 6:37:00 AM ET
Proactive Investors reported that Classic Minerals had a filip after a VTEM survey detected 18 electromagnetic conductors or anomalies, 7 as drill targets with significant potential massive nickel sulphide potential in the Fraser Range in Western Australia. The Western...
Smaller nickel miners to feel price fall - Analyst - 6/19/2013 6:36:00 AM ET
ABC Online reported that an independent analyst said that there are a number of nickel mines in the Goldfields/Esperence area that may be forced to close if the price of the commodity remains low. The nickel price dropped 7% last week, slumping to its lowest level in 4...
Royal Nickel Seeks Funding for Quebec Project Ahead of Permits - 6/19/2013 6:35:00 AM ET
Bloomberg reported that Royal Nickel Corp the developer of the Dumont nickel mine in Quebec, aims to arrange funding for the USD 1.2 billion project before it receives permits next year, the company’s chief executive officer said that. The mine may produce 73...
Ferrosilican price continues to drop in China - 6/19/2013 6:34:00 AM ET
The TEX Report said that the price of ferro silicon meant for the domestic market in China still continues to show a downward trend even in June and the producers with being below cost are increasing. Accordingly, there are many producers which suspend operation and this...
Taigang Stainless cuts austenitic stainless export prices - 6/19/2013 6:33:00 AM ET
YIEH reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its export prices for austenitic stainless steel coils by USD 50 per tonne in order to reflect weak nickel prices. After the adjustment, its export prices for 304 grades...
Mozambique's Renamo threatens to 'paralyse' coal export line - 6/19/2013 6:32:00 AM ET
Mozambique's Renamo opposition party, a former civil war guerrilla organisation, threatened on Wednesday to "paralyse" the only railway line leading from the country's northwest coal fields, a major escalation of its tensions with the government. Jeronimo Malagueta,...
German motor vehicle manufacture increase in Apr - 6/19/2013 6:32:00 AM ET
At the end of April 2013, 5.2 million people worked in local manufacturing units with 50 or more employees in Germany, up 0.7% compared to the end of April 2012 and stable compared to the end of March 2013. As reported by the Federal Statistical Office on the basis of...
Seoul set to enforce energy saving measures - Official - 6/19/2013 6:31:00 AM ET
Yonhap reported that the government as saying that amid daily possibilities of a power shortage, the country will begin enforcing a set of measures this week aimed at reducing its use of electricity. According to the Ministry of Trade, Industry and Energy, all public...
Renault Motor union goes on partial strike over basic salaries - 6/19/2013 6:29:00 AM ET
A company spokesman said that Unionized workers at Renault Samsung Motors Company went on a partial strike to demand higher wages. Mr Koh Jae-yong spokesman of Renault Samsung said Some workers downed tools for 2 hours earlier Monday while others plan to start the 4 hour...
BDI further up 14 point on June 18th 2013 - 6/19/2013 6:28:00 AM ET
It is reported that on June 18th 2013, Baltic Dry Index reached 820 points, up by 14 point from June 17th 20013 Capsize
Euro international trade in goods surplus EUR 14.9 billion - Eurostat - 6/19/2013 6:27:00 AM ET
According to the Eurostat, the statistical office of the European Union, the first estimate for the euro area1 trade in goods balance with the rest of the world in April 2013 gave a EUR 14.9 billion surplus, compared with +3.3 billion in April 2012. The March 20132...
Dr Fuhrmann elected as a senator of Fraunhofer-Gesellschaft - 6/19/2013 6:26:00 AM ET
Dr Heinz Jörg Fuhrmann CEO of of Salzgitter AG, was elected to the Senate of the Fraunhofer-Gesellschaft on June 11th 2013. His mandate commences on January 1st 2014. This decision was made by the Assembly of Members of the Fraunhofer-Gesellschaft in Hanover. The
ArcelorMittal announces debt tender offer notes due 2014 - 6/19/2013 6:25:00 AM ET
ArcelorMittal and ArcelorMittal USA LLC announced the commencement of an offer to purchase for cash any and all of AM USA 6.500% Notes due 2014. Concurrently with the Offer, ArcelorMittal is also announcing the commencement of an invitation to holders of EUR 500,000,000...
Thailand rebars market weak from May - 6/19/2013 6:24:00 AM ET
It is reported that Thailand’s rebar market has continued falling recently due to weak demand and lower billet prices. Currently, the prices of rebar offered by local mills are at THB 18, 200 per tonne to TBH 18, 300 per tonne, falling by THB 200 per tonne from...
Makhado coking coal project to cost US$406m - 6/19/2013 6:23:00 AM ET
A feasibility study has been completed on the South African based project
Japan H2 scrap average prices decline from a week ago - 6/19/2013 6:23:00 AM ET
It is reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at JPY 30,708 per tonne in the second week of June, decreasing by JPY 270 per tonne from a week ago. Among them, the average price of H2 scrap in Kanto region was at JPY...
Korean POSCO purchases Japanese scraps - 6/19/2013 6:22:00 AM ET
Korean POSCO P&S purchased Japanese Shindachi scraps and P&S scraps with prices of JPY 35,500 per tonne C&F and JPY 35,000 per tonne C&F respectively. It said that POSCO P&S ask Japanese suppliers to cut scrap prices since the Japanese scrap export prices have remained...
Brazil carbon steel tube imports increase in May - 6/19/2013 6:21:00 AM ET
According to data released by the Brazilian national foreign trade ministry, the country’s imports of carbon steel tubes totaled 22,072 tonne in May, soaring by 24% from 17,820 tonne in April and almost double from 11,544 tonne in the same month of a year ago. In...
ArcelorMittal Belval increases energy efficiency with new furnace - 6/19/2013 6:20:00 AM ET
ArcelorMittal Belval and Differdange has started the modernized electric arc furnace at the Esch-Belval steelworks, as planned. The upper and lower vessels were replaced during two weeks of conversion work and a new fin-type bottom electrode was installed. Investments...
Steel Dynamics announce Q2 2013 earnings guidance - 6/19/2013 6:19:00 AM ET
Steel Dynamics, Inc. announced Q2 earnings guidance in the range of USD 0.10 per diluted to USD 0.14 per diluted share. Q1 2013 estimated results are lower than the USD 0.21 per diluted share reported for the Q1 2013 and lower than the USD 0.20 per diluted share reported...
High-performance cross-roll piercing mill for V&M Star - 6/19/2013 6:18:00 AM ET
SMS Meer, Germany, has received an order from Vallourec & Mannesmann Star for the delivery of a cross roll piercing mill for the Multistand Pipe Mill at its Youngstown site in Ohio, USA. This enables the company to boost the product quality and reduce the maintenance...
AK Steel lowers guidance for Q2 - 6/19/2013 6:17:00 AM ET
AK Steel provided guidance for its Q2 of 2013 financial results. AK Steel said that it expects shipments of approximately 1,340,000 tonne to 1,360,000 tonne in the Q2 of 2013 compared to shipments of 1,289,800 tonne in the Q1 of 2013, an increase of approximately 4% to...
US raw steel production update for June 15th - 6/19/2013 6:16:00 AM ET
In the week ending June 15th 2013, domestic raw steel production was 1,870,000 net tonne while the capability utilization rate was 78.1%. Production was 1,862,000 tonne in the week ending June 15th 2012, while the capability utilization then was 74.8%. The current week...
Corinth Pipeworks orders JCOE large diameter pipe mill - 6/19/2013 6:15:00 AM ET
Corinth Pipeworks from Athens, Greece, has signed a contract with SMS Meer, Germany, for the supply of a JCOE® large diameter pipe mill for longitudinally welded pipes. With this investment, Corinth Pipeworks is expanding its product range in order to meet the growing...
April steel shipments in US increase from March - AISI - 6/19/2013 6:14:00 AM ET
The American Iron and Steel Institute said that for the month of April 2013, US steel mills shipped 7,978,531 net tonne, a 0.7% increase from the 7,922,265 net tonne shipped in the previous month, March 2013, and a 3.2% decrease from the 8,245,339 net tonne shipped in April...
Explosion at US Steel Kosice complex reported - 6/19/2013 6:13:00 AM ET
The No 2 blast furnace in the US Steel Košice plant was damaged from a blast that occurred on Tuesday, June 18. During preparations for the launch of an operation after a maintenance related break, a blast was reported at 4:26 in the morning. Head of US Steel...
Chinese imports causing serious damage to Mexican steel industry - 6/19/2013 6:12:00 AM ET
According to industry chamber Canacero, rising imports of steel from China involving unfair trade practices are causing serious damage to Mexico's steel sector. Canacero in a statement said that China exported 143,219 tonne of steel products to Mexico in the first three...
Ukraine likes to participate in construction of national gas network in Montenegro - Mr Azarov - 6/19/2013 6:11:00 AM ET
Interfax reported that Mr Mykola Azarov PM of Ukrainian as saying that Ukraine wants to cooperate with Montenegro in the energy sector. Mr Azarov at a meeting with Montenegrin PM Mr Milo Djukanovic in Kyiv said that "An interesting area for cooperation is the energy...
TMK took part in the national environmental action - 6/19/2013 6:10:00 AM ET
Pipe Metallurgical Company took part in the All-Russian campaign Zero negative impact on the environment. The action initiated by the Ministry of Natural Resources as part of Russia's Year of the environment and dedicated to World Environment Day. The purpose of the...
Russia sales of new cars and LCVs down by 12pct in May - AEB - 6/19/2013 6:09:00 AM ET
The Association of European Businesses reported that sales of new cars and light commercial vehicles in Russia fell 12% YoY to 229,670 automobiles in May. Sales were down 4% in January-May. Mr Joerg Schreiber chairman of the AEB Automobile Manufacturers Committee said...
Sinara may build light rail transport in Leningrad - Mr Dmitry Yalov - 6/19/2013 6:08:00 AM ET
Mr Dmitry Yalov deputy head of the region said that the Sinara industrial group is examining opportunities to organize construction of light-rail transportation equipment in Leningrad region. Mr Yalov said that "We are agreeing on the start of work," adding that a...
Ukraine economy shrinks by 1.1pct in Q1 2013 - 6/19/2013 6:07:00 AM ET
According to finalized figures by the State Statistics Service, which in late April gave a preliminarily estimate of its fall at 1.3%, Ukraine's gross domestic product shrank by 1.1% in the Q1 of 2013 YoY. The service said that the decline was 2.5% in the Q4 of 2012 and...
Naftogaz Ukrainy buys gas from Gazprom in May - 6/19/2013 6:06:00 AM ET
Mr Eduard Stavitsky, Energy and Coal Industry Minister, said that Ukraine's national oil and gas company Naftogaz Ukrainy purchased 320 million cubic meters to 350 million cubic meters of gas from Russian gas giant Gazprom for USD 400 per thousand cubic meter to USD 405 per...
Ukraine talks with Romania to open route for European gas imports - 6/19/2013 6:05:00 AM ET
Mr Vadym Chuprun deputy head of Naftogaz Ukrayiny said that Ukraine, which seeks to reduce its dependence on Russian natural gas imports, is in talks with Romania to open a route for gas imports from Europe. The supplies via Romania would be the 4th route for gas imports...
Kazakhstan industrial output increase in Jan-May - 6/19/2013 6:04:00 AM ET
The State Statistics Agency said that Kazakhstan's industrial output grew 1.8% YoY in January-May. Mining industry output rose 2.3% and manufacturing was up 1.6%. Power, gas and heat supply fell 0.6%, and water supply was down 9.5%. An increase in production was...
GOK and Mikhailovsky receive new Belaz trucks - Metalloinvest - 6/19/2013 6:03:00 AM ET
Metalloinvest announced that Lebedinsky GOK and Mikhailovsky GOK have received new, high load Belaz trucks with a maximum load capacity of 220 tonne and 160 tonnes, respectively. The purchase of the trucks is part of Metalloinvest’s program to acquire a set of high...
Mr Putin expects extra measures stimulating economy from govt - 6/19/2013 6:02:00 AM ET
Mr Vladimir Putin president of Russian said that he expects the government to take extra measures to stimulate the national economy in the near future, but Russia is not going to start a currency emission process. Mr Putin said that "I hope the Russian government, after...
Severstal re-elect Mr Christopher as chairman of the Board - 6/19/2013 6:01:00 AM ET
OAO Severstal, one of the world’s leading vertically integrated steel and steel related mining companies, announces that its Board of Directors has re-elected Mr Christopher Clark as chairman of the Board of Directors of Severstal. Mr Christopher Clark is an...
Azovstal plant to keep June steel shipments at May levels - 6/19/2013 6:00:00 AM ET
Azovstal Iron and Steel Works, a subsidiary of Ukraine's largest vertically integrated mining and steel group Metinvest, announced that in June 2013 its plans to keep its shipments of flat steel products at the May level that is at around 100,000 tonne. In the...
Chinese domestic galvanized steel HDG price update on June 18 - 6/19/2013 6:00:00 AM ET
HDG 0.5mm
Chinese domestic CR steel price update on June 18 - 6/19/2013 5:59:00 AM ET
CR 1mm Location In CNY In
Chinese domestic narrow HR strip price movement on June 18 - 6/19/2013 5:58:00 AM ET
HR Strip 235*2.75
Chinese domestic pig iron price update on June 18 - 6/19/2013 5:57:00 AM ET
Pig Iron Z18-22 Foundry Location In CNY In USD Shanghai 0 0 Jiangsu 0 0 Shandong -20 -3 Shanxi 0 0 Guangdong 0 0 Henan 0 0 Hebei 0 0 Heilongjiang 0 0 Liaoning 0 0 Yunnan -20 -3 Guizhou -30 -5 Average -6 -1 Change is on 18th June 2013 as compared to 17th June...
Chinese domestic steel plate price movement on June 18 - 6/19/2013 5:56:00 AM ET
Plates 20mm Common Location In CNY In
Chinese domestic steel beam price scenario on June 18 - 6/19/2013 5:55:00 AM ET
Beam #25
Chinese domestic steel channel price update on June 18 - 6/19/2013 5:54:00 AM ET
Channel #16
Chinese domestic steel Angle price on June 18 - 6/19/2013 5:53:00 AM ET
Angle #5
Chinese domestic steel billet price movement on June 18 - 6/19/2013 5:52:00 AM ET
Billets 150*150 Q235
Harmony Gold flags Hidden Valley write-down - 6/19/2013 5:51:00 AM ET
Johannesburg-listed Harmony Gold Mining Company Ltd said it was likely to take a write-down on its 50%-owned Hidden Valley gold project in Papua New Guinea in its 2013 financial results
Chinese domestic steel wire rod price update on June 18 - 6/19/2013 5:51:00 AM ET
WRC 6.5mm High Speed Location In CNY In
China steel prices down 0.4 percent last week - MOC - 6/19/2013 5:50:00 AM ET
According to Ministry of Commerce, China steel price decreased 0.4 percent in the week ending June 16, 2013 versus the previous week. Among them, 8# channel, 14# I beam and 3mm HR sheet fell down CNY 3%, 0.5% and 0.4% week on week. Source - China steel information
Baoshan won the title of Shanghai 11th five year plan energy conservation and emission reduction model unit - 6/19/2013 5:49:00 AM ET
During the 11th five year plan, Baoshan iron and steel continuously deepen the national and Shanghai energy conservation and emission reduction requirements with further management efforts from energy conservation and emission reduction system ability building and...
BMW China sales up 14.8% in May - 6/19/2013 5:48:00 AM ET
BMW AG, the world's largest premium car maker, has said its auto sales in mainland China rose 14.8% year on year to 31,938 units in May this year. Those figures account for 19.2% of BMW's global sales in May. In the first five months of this year, the German automaker...
Chongqing gross industrial output up 14.7% in Jan to Apr - 6/19/2013 5:47:00 AM ET
Industrial enterprises each with core business revenue of at least RMB 20 million in Chongqing Municipality realized RMB 442.52 billion in gross industrial output in the first four months of this year, 14.7% more than in the same period of 2012. According to data from...
Chinese domestic steel rebar price movement on June 18 - 6/19/2013 5:46:00 AM ET
Rebar 20mm HRB 400
Chinese domestic HR steel prices as on June 18 - 6/19/2013 5:45:00 AM ET
HRC 5.75mm Common
China coke output up 7% on year in May - 6/19/2013 5:44:00 AM ET
According to the National Bureau of Statistics, China produced 195.394 million tonnes of coke in the first five months of the current year, up 8% from the same period of 2012. The coke production in May hit 40.327 million tonnes, up 7% from a year earlier. Source -
Yulong Steel Pipe receives pipe supply contracts worth RMB 387 million - 6/19/2013 5:43:00 AM ET
Jiangsu Province based Chinese pipe producer Yulong Steel Pipe Co. has announced that it has recently signed two steel pipe supply contracts with Shandong Kerui Petroleum Equipment Co. The total value of the contracts in question is around RMB 387 (USD 63 million),...
Chinese steel price index up by 9 points on June 18 - 6/19/2013 5:42:00 AM ET
The Chinese Long Product Price Index CLPPI has inclined by 10 points on June 19, 2013, whereas the Chinese Flat Products Index CFPPI has also inclined by 8 points. The overall price index CHISPI has gone up by 9 points.
Steel rebar futures at SHFE under pressure again - 6/19/2013 5:41:00 AM ET
Shanghai steel futures struggled to sustain gains on Tuesday, coming off three week highs hit in the previous session, as a rise in output in top consumer China dragged on prices. The most active rebar futures for October settlement on the Shanghai Futures Exchange stood...
Total acquires new exploration area in Kurdistan - 6/19/2013 5:40:00 AM ET
Shafaq News reported that France's Total firm bought 80 % share in the exploration area Baranan in Kurdistan in a boosting step for major French company's position in the region, which has abundant oil reserves. Total spokesman said Monday June 17th that Kurdistan...
Iran rejects selling cheap oil to India - 6/19/2013 5:39:00 AM ET
Tehran Times reported that Iran OPEC governor Mr Mohammad Ali Khatibi has rejected recent news about selling oil at discount prices to India. Some psychological moves have been started to damage Iran’s oil exports and force Iran to sell crude oil at low prices, Mr...
Equate Petrochemical wins CSR award - 6/19/2013 5:38:00 AM ET
Trade Arabia News reported that Kuwait based Equate Petrochemical Company said that it has won the Best Contribution for Corporate Social Responsibility award, at a ceremony held in Dubai. The honour was presented at the Chartered Institute of Purchasing & Supply Middle...
Chevron signs contract with Kurdistan to explore oil in Qara Dagh - 6/19/2013 5:37:00 AM ET
Shafaq News reported that Giant United States, Chevron Oil Corporation signed on Monday a new contract with Kurdistan Regional Government for oil exploration in Qara Dagh field. The statement reported by Agence France Presse, briefed by "Shafaq News" that sharing...
14 Projects to boost Lavan refinery output - 6/19/2013 5:36:00 AM ET
Iran daily reported that 14 projects related to process optimization and quality improvement, which are being implemented by Lavan Oil Refining Company, under the Mehr e Mandegar Plan, are expected to go on stream by August. Announcing this, managing director of the...
Qatar Mowasalat to launch bus manufacturing plant in Oman - 6/19/2013 5:35:00 AM ET
Muscat Daily reported that the proposed bus manufacturing and assembly unit in Oman, which has been planned by Qatari national transport company Mowasalat and Oman Investment Fund, has been named as Karwa Motors and will be launched soon. Mowasalat and OIF held a...
Iran Steel Market Trend in Week 24 - Long products - 6/19/2013 5:34:00 AM ET
Long products market was upward by beginning of last week as rise in offered price at IME affect retail market immediately. When debar diameter 25 mm was transacted at USD 776 per tonne ex work at IME, retail market price changed to about USD 887 per tonne. In first 2 days...
Turkey HRC exports in April jump by 42.8% - 6/19/2013 5:33:00 AM ET
According to data of the Turkish Statistical Institute, Turkey’s exports of hot rolled coils totaled 200,188 tonne in April, soaring by 42.8% from a month ago and more than double YoY. Among them, the HRC exports made to Italy were at 100,430 tonne, double from a...
ezzsteel raises EGP 550 million top up loan - 6/19/2013 5:32:00 AM ET
ezzsteel announced it has signed an EGP 550 million, six year, top-up syndicated loan facility with National Bank of Egypt, Banque Misr and a group of local banks. The total syndicated loan is now EGP 2.8 billion. The funds raised will be used to complete the...
GC steel HDG price movement on June 18 - 6/19/2013 5:31:00 AM ET
GC 100Gms 0.40
CR steel price movement on June 18 - 6/19/2013 5:29:00 AM ET
CR DSK 0.63
Wide steel plate price remain flat on June 18 - 6/19/2013 5:28:00 AM ET
PLTS GR B 12-20x2.5
Narrow HR steel plate price remain flat on June 18 - 6/19/2013 5:27:00 AM ET
PLTS GR A 8x1250
HR steel price remain flat on June 18 - 6/19/2013 5:26:00 AM ET
HRC Tube 2.5x1250 Location Change Ahmedabad 0 Bangalore 0 Chennai 0 Delhi 0 Indore 0 Kolkata 0 Ludhiana 0 Mumbai 0 Change is on 18th June 2013 as compared to 17th June 2013 Change is in INR per tonne To know more details on steel prices subscribe to...
Patra Narrow HR steel strips price on June 18 - 6/19/2013 5:25:00 AM ET
Patra
Steel light channel prices on June 18 - 6/19/2013 5:24:00 AM ET
CHNL GR A 75/100 Location Change Ahmedabad 0 Bangalore 0 Chennai 0 Delhi 0 Indore 0 Kanpur 0 Kolkata 0 Ludhiana 0 Mandi 0 Mumbai -351 Raipur 0 Rudrapur 0 Change is on 18th June 2013 as compared to 17th June 2013 Change is in INR per tonne To know more...
Steel angle price down in Mumbai on June 18 - 6/19/2013 5:23:00 AM ET
ANGL GR A 65X6 Location Change Ahmedabad 0 Bangalore 0 Chennai 0 Delhi 0 Indore 0 Kanpur 0 Kolkata 0 Ludhiana 0 Mandi 0 Mumbai -350 Raipur 0 Rudrapur 0 Change is on 18th June 2013 as compared to 17th June 2013 Change is in INR per tonne To know more...
Afghanistan Suspends US Security Talks - 6/19/2013 5:22:00 AM ET
Afghanistan has suspended negotiations with the U.S. on a bilateral security deal in a disupte over proposed U.S. talks with the Taliban. A statement from Afghanistan's National Security Council Wednesday cited "the contradition between acts and the statements made" by the...
Steel wire rod price remain flat on June 18 - 6/19/2013 5:22:00 AM ET
WRC SWR14 5.5/6
Pig iron price down in Raipur on June 18 - 6/19/2013 5:21:00 AM ET
Pig iron Foundry Grade
Sponge iron price movement on June 18 - 6/19/2013 5:20:00 AM ET
Sponge iron
Steel melting scrap price crashes in Kandla on June 18 - 6/19/2013 5:19:00 AM ET
Melting scrap 80:20 HMS
Steel plate cuttings price remain flat at Alang on June 18 - 6/19/2013 5:18:00 AM ET
Product Grade Size Change Plate cuttings Rolling 1" 0 Ship Scrap Melting Mixed 0 Change is on 18th June 2013 as compared to 17th June 2013 Change is in INR per tonne To know more details on steel prices subscribe to services of www.steelprices-india.com by...
Hang Seng Shanghai end lower - 6/19/2013 5:17:00 AM ET
(1 hr 3 mins ago) Hong Kong stocks finished 1.13 percent lower on Wednesday, hit by reports that property tax trials will be launched in China this year in a bid to cap soaring prices. The benchmark Hang Seng Index ended down 238.99 points at 20,986.89 on turnover of...
Volvo eyes 4.5% of Indian luxury car mart - Mr Emberg - 6/19/2013 5:17:00 AM ET
According to managing director Mr Tomas Ernberg, Swedish luxury car maker, Volvo Auto India is aiming at garnering a 4.5% share of the luxury car market in India this calendar year. Mr Ernberg told media persons that "We are the fastest growing luxury car makers in India...
GMR gets respite in Male airport issue - 6/19/2013 5:16:00 AM ET
GMR Infrastructure Ltd, which was forced to give up a USD 511 million (Rs 2,960 crore today) international airport project in Male late last year over alleged irregularities in the bidding stage, is understood to have got a reprieve from an anti corruption body of Maldives,...
Steel joist I Beam prices scenario in major places on June 18 - 6/19/2013 5:15:00 AM ET
JSTI GR A 250X125 Location Change Ahmedabad 0 Bangalore 0 Chennai 0 Delhi 0 Indore 0 Kanpur 0 Kolkata 0 Ludhiana 0 Mandi 0 Mumbai -351 Raipur 0 Rudrapur 0 Change is on 18th June 2013 as compared to 17th June 2013 Change is in INR per tonne To know more...
GP steel HDG prices jump in Kanpur and Rudrapur on June 18 - 6/19/2013 5:14:00 AM ET
GP 100Gms 0.40
SteelGuru Projects - UltraTech Cement unit at Dankun - 6/19/2013 5:13:00 AM ET
SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its readers to help them remain updated...
Indian Railway earning in April to May up by 12.73% - 6/19/2013 5:12:00 AM ET
Business Standard reported that Indian Railways has posted a 12.73% rise in approximate earnings from April 1 to May 31 this year to INR 22,439 crore, compared with INR 19,905 crore during the same period last year. Goods earnings have gone up from INR 14,169 crore in April...
Tecpro Systems pricing not predatory - CCI - 6/19/2013 5:11:00 AM ET
Fair trade regulator CCI has said that Tecpro Systems did not engage in predatory pricing, clearing it of the charges of anti competitive practices. The complaint against the company was that it was indulging in anti competitive ways in the market of "setting up waste...
BHEL wins contract from Mahagenco - 6/19/2013 5:10:00 AM ET
State run BHEL bagged a renovation and modernisation contract worth INR 450 crore from Maharashtra State Power Generation Corp. The company said in a statement that "BHEL has won an order for renovation and modernisation of a 210 MW thermal unit in Maharashtra.” ...
Rebar TMT QST price movement in India on June 18 - 6/19/2013 5:09:00 AM ET
TMT Fe 415 12mm
SteelGuru Projects - Aditya Birla unit in Bihar - 6/19/2013 5:08:00 AM ET
SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its readers to help them remain updated...
Era Infra wins INR 383 crore order from DMRC - 6/19/2013 5:07:00 AM ET
Era Infra Engineering Ltd said it has bagged a construction order worth INR 383.7 crore from Delhi Metro Rail Corporation. The company said in a filing to BSE that "EIEL...has been awarded a contract....for construction of elevated viaduct, five elevated...
Pencil ingot price movement in major places on June 18 - 6/19/2013 5:06:00 AM ET
Pencil ingot
RINL assured all help in securing captive mines - 6/19/2013 5:05:00 AM ET
Mr Lokesh Chandra joint secretary in the ministry of steel, said that the expansion project of Visakhapatnam steel plant is proceeding smoothly and complimented RINL on its capability to compete with major steel makers such as SAIL and TATA Steel despite not having captive...
Kamdhenu Ispat eyig INR 10000 crore turnover in 3 years - 6/19/2013 5:04:00 AM ET
PTI reported that anticipating robust sales of its latest TMT product, Kamdhenu Ispat said that it hopes to clock INR 10,000 crore revenue in three years. Kamdhenu Ispat CMD Mr Satish Agarwal said that "We had around INR 6,000 crore turnover last fiscal. This is likely...
Indian steel price index update on June 18 - 6/19/2013 5:03:00 AM ET
The Indian Long Product Price Index ILPPI has declined by 1 point on June 18, 2013, whereas Indian Flat Product price index IFPPI has inclined by 2 points. The overall Indian Steel Price Index INDSPI has gone up by 1 point.
Goa industrial body expects mining to restart from August - 6/19/2013 5:02:00 AM ET
Business Standard reported that Iron ore mining in Goa is expected to begin by August this year, an industry body said. Goa Chamber of Commerce and Industry President Mr Manguirish Pai Raikar said that "We feel that mining will begin by August this year. The Supreme Court...
Bangladesh rolling mills demand hike in taxes on imported billets - 6/19/2013 5:01:00 AM ET
Bangladesh’s Financial Express reported that steel re rolling mills have demanded to levy 15% value added tax or raise the duty by another BDT 7,500 on import of per tonne of billet in the proposed budget for fiscal year 2013-14 and help save the local industry. ...
RINL gets LoI for iron ore block at Bhilwara in Rajasthan - 6/19/2013 5:00:00 AM ET
ET reported that the Rajasthan government has allocated a large iron ore block at Bhilwara to RINL in a move that has been approved by the union mines ministry. RINL plans to initially invest INR 2,500 crore to set up a beneficiation unit and a 2 million tonne pellet...
Rio Tinto to cut about 40 jobs in Australian iron ore unit - 6/19/2013 4:50:00 AM ET
Rio Tinto, the world's second-biggest iron ore producer, is cutting more than 40 office jobs in its Australian iron ore division in response to changing market conditions, the company said. "It's mainly general manager and manger roles as we reshape the business to...
World markets mostly down as investors eye Fed - 6/19/2013 4:46:00 AM ET
SEOUL, South Korea (AP) -- Global stock markets were mostly lower Wednesday as investors waited for an update on the U.S. economy from the Federal Reserve....
Commodity Trading Tips for Nickel by Kedia Commodity - 6/19/2013 4:37:00 AM ET
HSBC Slashes Chinese Growth - 6/19/2013 4:36:00 AM ET
Commodity Trading Tips for Crudeoil by Kedia Commodity - 6/19/2013 4:28:00 AM ET
Commodity Trading Tips for Silver by Kedia Commodity - 6/19/2013 4:23:00 AM ET
Bandanna still positive on Springsure Creek - 6/19/2013 4:17:00 AM ET
Despite the recent downturn in coal prices and the continued depressed market sentiment, ASX-listed Bandanna Energy was adamant that its Springsure Creek project, in Queensland, would be developed. The miner said on Wednesday that it was finalising the supplementary...
Your Ultimate Preview For The Most Anticipated Fed Announcement In A Long Time - 6/19/2013 4:11:00 AM ET
Commodity Trading Tips for Gold by Kedia Commodity - 6/19/2013 4:11:00 AM ET
New Horizon lowers costings for Kinney - 6/19/2013 4:08:00 AM ET
The capital expenditure (capex) required for junior New Horizon Coal to bring its Kinney project, in the US, to production, has decreased by some $40-million. The ASX-listed New Horizon said on Wednesday that a comprehensive review of the capex proposed in the...
Congo-Kinshasa Chinese Mining Industry Contributes to Abuses in Democratic Republic of the Congo - 6/19/2013 4:03:00 AM ET
Chinese mining companies operating in the Democratic Republic of the Congo (DRC) need to do more to prevent their operations from leading to human rights abuses, Amnesty International warned today in a new report. Profits and Loss: Mining and human rights in Katanga,...
Markets Are Going Nowhere Ahead Of Huge Day For The Fed - 6/19/2013 3:51:00 AM ET
C$458m Vista coal mine gets board approval - 6/19/2013 3:47:00 AM ET
The board of dual-listed Coalspur has approved the C$458-million development plan for the Vista coal project, in Canada. The phase-one development would involve the construction and commissioning of a six-million tonnes a year thermal coal facility by 2015, with the...
Iron ore hits 3-week high weak China steel consumption a cap - 6/19/2013 3:26:00 AM ET
- Spot iron ore prices jumped for a fourth straight day to a three-week high as traders increased buying to lift the market, while weak restocking by Chinese steelmakers and tepid steel consumption are expected to cap the rally for the raw ...
Asian markets tense before Fed; Nikkei outperforms - 6/19/2013 3:23:00 AM ET
SYDNEY (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street and a softer yen, outperforming the rest of Asia which anxiously waited for clarity on the U.S. Federal Reserve's next policy step.
China says Ghana's arrest of its miners will not harm relations - 6/19/2013 3:17:00 AM ET
China is determined that its relations with Ghana will not be undermined by the arrest of some 200 Chinese illegal gold miners in a crackdown by Ghanaian authorities, a senior Beijing Foreign Ministry official said on Tuesday. The arrests are a sensitive issue for China,...
Domestic power of new energy - 6/19/2013 2:52:00 AM ET
solar power Each panel is roughly the same size as a four-seater dining table and Dong expects the system to reduce his carbon emissions by as much as five metric tons every year. It's little wonder that Dong's new appliances have attracted so much attention:...
Lenders take Tinkler's stake - 6/19/2013 2:51:00 AM ET
NATHAN Tinkler's backers have purchased his stake in Whitehaven, worth $600m, after the embattled investor failed to repay his debts.
Rialto Energy finance chief resigns - 6/19/2013 2:43:00 AM ET
RIALTO Energy said that Patrick Garo had resigned from his role as chief financial officer with immediate effect.
Business Briefs June 19 - 6/19/2013 2:32:00 AM ET
NSA director says plot against Wall Street foiled - 6/19/2013 1:59:00 AM ET
(ChinaPost.com.tw) - The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers...
Marathon to be beamed to Chinese - 6/19/2013 1:15:00 AM ET
MORE than 800 million Chinese residents are expected to watch the Gold Coast Marathon after Beijing Television confirmed it will produce a program at next month's event.The windfall could inject millions of Chinese tourist dollars into the economy, with many expecting...
Coal Exports and Prosperity - 6/19/2013 1:00:00 AM ET
The National Mining Association discusses the benefits of coal exports in American jobs and affordable energy.
Rio axes senior WA iron ore staff - 6/19/2013 12:28:00 AM ET
One year ago they were calling it the second best business on earth, but now Rio Tinto is cutting scores of senior staff from its WA iron ore division.
Rio axes senior staff - 6/19/2013 12:28:00 AM ET
One year ago they were calling it the second best business on earth, but now Rio Tinto is cutting scores of senior staff from its WA iron ore division.
Lenders take Tinkler's stake - 6/18/2013 11:55:00 PM ET
NATHAN Tinkler's backers have seized his stake in Whitehaven, worth $600m, after the embattled investor failed to repay his debts.
Asia Markets China stocks fall Japan jumps ahead of Fed meet - 6/18/2013 11:53:00 PM ET
HONG KONG (MarketWatch) -- Chinese and South Korean stocks fell Wednesday on caution ahead of the Federal Reserve's monetary-policy decision later in the day, while Japanese shares rallied on a weakened yen and strong overnight gains on Wall ...
Nikkei outperforms Asian stocks as Fed looms - 6/18/2013 11:51:00 PM ET
SYDNEY (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street plus a softer yen, outperforming the rest of Asia which anxiously seeks clarity on the Federal Reserve's next policy step.
Lenders take Tinkler's mine stake - 6/18/2013 11:35:00 PM ET
NATHAN Tinkler's backers have seized his stake in Whitehaven, worth $600m, after the embattled investor failed to repay his debts.
Managers laid off at Rio in Perth - 6/18/2013 11:20:00 PM ET
RIO has laid off up to 50 senior staff at its Perth iron ore HQ in its latest move to cut costs as commodity prices remain low.
Farmers denied CSG 'lockout' powers - 6/18/2013 10:48:00 PM ET
COAL-seam gas and large coal developments face greater scrutiny under federal laws designed to ensure new projects don't put water reservoirs at risk.
Hong Kong stocks edge lower ahead of Fed HSBC up - 6/18/2013 10:45:00 PM ET
HONG KONG (MarketWatch) -- Hong Kong stocks pulled lower in cautious trade Wednesday as investors awaited the Federal Reserve's monetary-policy decision for clues on its bond purchases. The Hang Seng ...
Chinese mining industry contributes to abuses in Democratic Republic of the Congo - 6/18/2013 9:53:00 PM ET
The DRC authorities have not only failed to prevent mining companies and traders abusing rights, they have themselves violated human rights to facilitate mining ...
CITI: Here's Why The Fed Wants To Slow Down QE, Even Before The Economy Hits Its Goals - 6/18/2013 9:52:00 PM ET
MineSight will display new Atlas scheduler at AIMEX 2013 - 6/18/2013 9:48:00 PM ET
MineSight Applications will be displaying its new MineSight Atlas multiple-activity, mine planning and scheduling technology AIMEX 2013, Sydney from August 20-23. MineSight Applications is the Perth-based branch of Mintec, the Arizona-based software developer founded in...
Broker takes a shine to gold - 6/18/2013 9:28:00 PM ET
AFTER four years of being one of the market's biggest gold bears, broker Richard Coppleson is recommending buying gold stocks.
Huckleberry Mine Study wins 2013 CEEC Medal - 6/18/2013 9:27:00 PM ET
A paper presented at the 45th Annual Canadian Mineral Processors Operators Conference in Ottowa, Canada has been awarded the 2013 CEEC Medal. The paper titled Energy and Cost Comparisons of HPGR based circuits with the SABC circuit installation at the Huckleberry Mine was...
Asia Roundup: Mixed as US Fed prepares for meeting - 6/18/2013 9:17:00 PM ET
Australian Miners Refuse to Support Move Away from Coal Despite... - 6/18/2013 9:15:00 PM ET
Tinkler makes 'emotional' sale - 6/18/2013 8:29:00 PM ET
COAL magnate Nathan Tinkler has halved his stake in Whitehaven Coal, selling the stock for about $300m to US hedge fund Farallon.
Ex-Lockheed official joins board of Norwegian titanium firm - 6/18/2013 8:18:00 PM ET
PARIS (Reuters) - Chris Kubasik, fired last year as Lockheed Martin Corp's incoming CEO after having an affair with a subordinate, said he has joined the board of directors of a Norwegian titanium producer that works closely with Spirit AeroSystems Inc .
Markets Live: Stocks rise at open - 6/18/2013 8:17:00 PM ET
Tinkler gives up half of Whitehaven stake to lender - 6/18/2013 7:51:00 PM ET
MELBOURNE (Reuters) - Struggling Australian tycoon Nathan Tinkler has given up nearly half of his stake in Whitehaven Coal Ltd for about $285 million to pay down debt to a U.S. hedge fund, easing concern about a forced selldown that had weighed on the miner's value.
Goldman Bets on Cheapest Asia Market After China - 6/18/2013 7:42:00 PM ET
Asia's emerging markets have been among the worst hit amid the recent rout in global stocks, but Goldman Sachs advocates accumulating South Korean equities now, on the basis that the market will fare well in a rising rate environment. "In a rising rate...
Markets Live: Stocks set to rise - 6/18/2013 7:32:00 PM ET
Australian shares are expected to rise in early trade after US equities pushed higher as investors grew more confident that the Federal Reserve will temper its statements on the future reduction of US monetary support.
Here Are The Warning Signs That Preceded The Last 3 Bond Market Crashes - 6/18/2013 7:31:00 PM ET
Tinkler sells down stake - 6/18/2013 7:27:00 PM ET
Nathan Tinkler has halved his stake in Whitehaven Coal.
Aussie stocks set for positive start - 6/18/2013 7:24:00 PM ET
ASX expected to rise after US equities gained as investors grew more confident that the Fed will temper its statements monetary support.
Stocks Keep on Trucking - 6/18/2013 7:10:00 PM ET
Stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures.
Abenomics for Women Undermined by Men Dominating Japan’s Rulers - 6/18/2013 7:00:00 PM ET
Visiting premier talks of protracted Thai crisis - 6/18/2013 7:00:00 PM ET
Kyocera announces $89M deal to provide solar energy to Japan’s farming community - 6/18/2013 7:00:00 PM ET
Japan’s Venture Republic invests in price comparison site Telunjuk, its first deal in Indonesia - 6/18/2013 7:00:00 PM ET
Obama says China hears ‘blunt’ message on hacking - 6/18/2013 7:00:00 PM ET
China says US should explain surveillance claims - 6/18/2013 7:00:00 PM ET
Ban to hold talks with Chinese leaders - 6/18/2013 7:00:00 PM ET
Suspicions Snowden spied for China ‘groundless’: Beijing - 6/18/2013 7:00:00 PM ET
Chinese dissident urges US to ensure family’s fair treatment - 6/18/2013 7:00:00 PM ET
Starboard’s battle with Smithfield over China-deal adds to activist image - 6/18/2013 7:00:00 PM ET
N Korea to Send Senior Envoy to China - 6/18/2013 7:00:00 PM ET
China Court Ruling Could Threaten Foreign Investments in Country - 6/18/2013 7:00:00 PM ET
China’s economy at risk of turning Japanese - 6/18/2013 7:00:00 PM ET
China’s Tianhe-2 retakes fastest supercomputer crown - 6/18/2013 7:00:00 PM ET
Bolton retires after failing to crack China - 6/18/2013 7:00:00 PM ET
China, EU to hold talks on solar dispute - 6/18/2013 7:00:00 PM ET
China Stimulated Its Economy Like Crazy After The Financial Crisis… And Now The Nightmare Is Beginning - 6/18/2013 7:00:00 PM ET
Japan fears losing battle of buffets against China - 6/18/2013 7:00:00 PM ET
FDI into China rises in Jan-May: govt - 6/18/2013 7:00:00 PM ET
China takes cautious step towards carbon emissions trading - 6/18/2013 7:00:00 PM ET
China’s May coal imports fall from April on policy uncertainty - 6/18/2013 7:00:00 PM ET
China May home prices rise at fastest pace this year - 6/18/2013 7:00:00 PM ET
China’s credit bubble is unprecedented: Fitch - 6/18/2013 7:00:00 PM ET
China’s Huawei launches smartphone - 6/18/2013 7:00:00 PM ET
Top Milk Producer Bulks Up in China - 6/18/2013 7:00:00 PM ET
Korea top North envoy heads to US - 6/18/2013 7:00:00 PM ET
N Korea Tries Nuclear Head Fake - 6/18/2013 7:00:00 PM ET
Korea Eases Crude Import Rules for Non-Middle East Supply - 6/18/2013 7:00:00 PM ET
S. Korea president flags risks in engaging North - 6/18/2013 7:00:00 PM ET
N Korean official to hold talks in China; analysts sceptical - 6/18/2013 7:00:00 PM ET
Korea and US on same page - 6/18/2013 7:00:00 PM ET
UN chief: Any US-N Korea talks must focus on denuclearising Korean peninsula - 6/18/2013 7:00:00 PM ET
Taiwan to ease rules on yuan bond issue this week- FSC sources - 6/18/2013 7:00:00 PM ET
US stance on Taiwan unchanged after Obama-Xi summit: envoy - 6/18/2013 7:00:00 PM ET
Taiwan eyeing African markets to boost exports - 6/18/2013 7:00:00 PM ET
Taiwan makers see booming orders for smartphone tablet accessories - 6/18/2013 7:00:00 PM ET
Taiwan: Negotiations With Philippines To Continue - 6/18/2013 7:00:00 PM ET
Taiwan outpost looks to former foes for survival - 6/18/2013 7:00:00 PM ET
3 Taiwanese NGOs sue Shinzo Abe over fishing, territorial rights - 6/18/2013 7:00:00 PM ET
Taiwan calls for more nonstop cross-strait flights - 6/18/2013 7:00:00 PM ET
Defiant Snowden promises more leaks - 6/18/2013 7:00:00 PM ET
Probe into Hibor manipulation widens in HK - 6/18/2013 7:00:00 PM ET
Alibaba-Backed Sinosoft Tech Plans $60 Million HK IPO - 6/18/2013 7:00:00 PM ET
REITS in HK, Singapore Lose Their Allure - 6/18/2013 7:00:00 PM ET
Asian shares slide as upcoming Fed meeting jangles nerves - 6/18/2013 7:00:00 PM ET
Emerging Stocks Drop on Stimulus Concern as Philippines Rallies - 6/18/2013 7:00:00 PM ET
Yen Holds Decline Versus Dollar on Stock Gains, Fed Prospects - 6/18/2013 7:00:00 PM ET
Your Ultimate Preview For The Most Anticipated Fed Announcement In A Long Time - 6/18/2013 6:49:00 PM ET
Turks Embrace Silent Protests - 6/18/2013 6:24:00 PM ET
Turkish anti-government demonstrators adopted a new type of protest Tuesday - silence. Hundreds of people joined performance artist Erdem Gunduz, who stood still and silent in Istanbul's Taksim Square for hours. Demonstrations in Istanbul and Ankara have for weeks been...
New Gold starts formal takeover bid for Rainy River Resources - 6/18/2013 5:55:00 PM ET
NYSE- and TSX-listed New Gold and Canadian precious metals exploration company Rainy River Resources on Tuesday jointly announced that New Gold has formally started its takeover bid to acquire all of the outstanding common shares of Rainy River at a price of C$3.83 a share....
China's LIBOR Is Spiking, And The Central Bank Isn't Doing Anything About It - 6/18/2013 5:38:00 PM ET
Farallon Acquires Additional Shares in Whitehaven Coal Limited - 6/18/2013 5:30:00 PM ET
SAN FRANCISCO--(BUSINESS WIRE)--Farallon Capital Management, L.L.C. along with its wholly-owned sub-advisor, Noonday Asset Management Asia Pte. Ltd. ("Farallon"), today announced that its investment funds ("Farallon Funds") acquired 101,589,656 shares in Whitehaven Coal...
Waiting for word from Bernanke, stocks move higher - 6/18/2013 5:28:00 PM ET
NEW YORK (AP) -- It's all about the Fed. Still....
Russia ramps up oil exports to China in strategic shift - 6/18/2013 5:27:00 PM ET
Oil supplies to China will increase by 13 per cent in July-September from the previous three months
NSA director says plot against Wall Street foiled - 6/18/2013 5:16:00 PM ET
WASHINGTON (AP) -- The U.S. foiled a plot to bomb the New York Stock Exchange because of the sweeping surveillance programs at the heart of a debate over national security and personal privacy, officials said Tuesday at a rare open hearing on intelligence led by lawmakers...
Fox Business Terminates Contract With Contributor Who Was Paid $50,000 To Boost A Stock - 6/18/2013 5:15:00 PM ET
FINANCIAL ADVISOR INSIGHTS: Hedge Funds And Mom-And-Pops Have Been Doing Opposite Things In The Stock Market For Months - 6/18/2013 4:50:00 PM ET
Hedge Funds And Mom-And-Pops Have Been Doing Opposite Things In The Stock Market For Months - 6/18/2013 4:50:00 PM ET
Battles Ahead for Greek PM Weakened by State TV Crisis - 6/18/2013 4:43:00 PM ET
Greece has avoided the uncertainty of an early election but the standoff over the state broadcaster's closure has weakened the prime minister and deepened mistrust in his fractious coalition.   A court ordered the ERT broadcaster back on air late on Monday as Prime Minister...
Orbite Aluminae clinches offtake deal with Glencore International - 6/18/2013 4:42:00 PM ET
Quebec-based specialist alumina producer Orbite Aluminae has inked an offtake agreement that would see commodity-trading giant Glencore Xstrata subsidiary Glencore International buy all the smelter-grade alumina (SGA) to be produced by Orbite at its proposed SGA plant in...
Wall St. extends rise, investors see no change in Fed policy - 6/18/2013 4:36:00 PM ET
NEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.
Illegal mining will not affect Ghana - China relations - 6/18/2013 4:30:00 PM ET
Accra, June 18, GNA - Mr Gong Jianzhong, the Chinese Ambassador in Ghana, on Tuesday said that illegal gold mining by some Chinese nationals would not affect the relationship between the two ...
RON PAUL: Gold Could Go To 'Infinity' - 6/18/2013 4:30:00 PM ET
Tetra Tech Revises Third Quarter 2013 Outlook and Authorizes $100 Million Stock Repurchase Program - 6/18/2013 4:30:00 PM ET
PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK) announced today an update of its third quarter 2013 outlook to reflect increased restructuring costs resulting from the previously announced weakness in Eastern Canada and mining, and new findings on certain...
Stocks move higher as traders wait on the Fed - 6/18/2013 4:13:00 PM ET
NEW YORK (AP) -- The stock market is closing higher as investors anticipate that the Federal Reserve will keep programs to support the U.S. economy in place....
China says Ghanas arrest of its miners will not harm relations - 6/18/2013 4:12:00 PM ET
ACCRA (Reuters) - China is determined that its relations with Ghana will not be undermined by the arrest of some 200 Chinese illegal gold miners in a crackdown by Ghanaian authorities, a senior Beijing Foreign Ministry official said on ...
Wall St. advances for second day; Fed in focus - 6/18/2013 4:09:00 PM ET
NEW YORK (Reuters) - Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper recent statements that were interpreted as meaning an early reduction of stimulus efforts.
STOCKS STAGE ANOTHER BIG RALLY AHEAD OF THE FED: Here's What You Need To Know - 6/18/2013 4:00:00 PM ET
Brazil mine bill proposes doubling top royalty to 4% - 6/18/2013 3:11:00 PM ET
Brazil, the world's second-largest producer of iron-ore, unveiled a long-awaited bill to reform the country's 46-year-old mining code on Tuesday, proposing royalties of up to 4%, double the current rate. Murilo Ferreira, CEO of Vale, the world's largest iron-ore exporter,...
Cenovus ramps up oil-by-rail capacity - 6/18/2013 3:11:00 PM ET
Alberta-based producer leases 800 rail cars; plans to move more oil, including heavy crude, by rail
Deals with troubled Brazil firms smell of cronyism - 6/18/2013 3:04:00 PM ET
With their murky holdings, both EBX and Petrobras seem like odd choices for an investment bank
Nasdaq rises more than 1 percent - 6/18/2013 3:00:00 PM ET
NEW YORK (Reuters) - Stocks added to gains in afternoon trading on Tuesday, pushing the Nasdaq up more than 1 percent, as investors were optimistic about the outlook for the Federal Reserve's economic stimulus policies.
Renewable Energy and Mining Summit - 6/18/2013 3:00:00 PM ET
Driven by rising and highly volatile fuel costs, carbon policy developments and increasing challenges in accessing reliable and affordable electricity, the mining industry is looking to diversify its energy mix and understand the opportunities...
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