July Steel Demand Jumps on Auto, Engineering Demand Rise – Wall Street Journal

July Steel Demand Jumps on Auto, Engineering Demand Rise
Wall Street Journal
NEW DELHI — India's steel consumption in July grew at its fastest pace in over six months, as demand picked up from the automobile and

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China Accuses Rio Tinto of Deceit – Wall Street Journal

A Rio Tinto office in Shanghai. China has accused the company of illegally obtaining information that led to higher iron-ore prices. The accusations against the Anglo-Australian miner were published in reports during the weekend on China Secret …

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UPDATE 4-China's Yanzhou Coal nears Felix takeover-source – Forbes

SYDNEY, Aug 10 (Reuters) – China&os;s Yanzhou Coal has agreed to buy coal miner Felix Resources Ltd, a source said, in a deal worth up to $3.3 billion that underscores China&os;s growing interest in Australia&os;s resources sector. The potential takeover …

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Monsoon Deficiency May Hit India's GDP Growth: Assocham – RTT News

(RTTNews) – A study by the Associated Chambers of Commerce and Industry of India or Assocham, revealed that 25% deficiency in rainfall during the South-West monsoon up to August 5, coupled with global economic slowdown, could impact India&os;s GDP to …

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Eyewitness: Pacific storms – BBC News


BBC News
Eyewitness: Pacific storms
BBC News
We make and paint steel here but we're unable to do any painting as the humidity is really high – it's been 94 and 97%. We are expecting more bad weather.

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