Guild International » China

China Accuses Rio Tinto of Deceit – Wall Street Journal

Chinese steel industry news — Mon, 10 Aug 2009 05:30:00 +0000

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 …

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

Chinese steel industry news — Mon, 10 Aug 2009 05:30:00 +0000

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 …

Eyewitness: Pacific storms – BBC News

Chinese steel industry news — Mon, 10 Aug 2009 05:06:00 +0000

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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China Backs Off Latest Rio Tinto Claims – Wall Street Journal

Chinese steel industry news — Mon, 10 Aug 2009 05:01:00 +0000

BBC News

China Backs Off Latest Rio Tinto Claims
Wall Street Journal
“The large amount of intelligence and data from our country's steel sector found on Rio Tinto's computers and the massive damage to our national economic …
Q+A: China's state secrets lawReuters
China levels new accusations against Rio TintoCNN International
Rio Tinto shares plunge more than 3 percent after China claims a 6 …Chicago Tribune
Wall Street Journal -Reuters -Reuters
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METALS-Copper near 10-mth high, buoyed by demand hopes – Forbes

Chinese steel industry news — Mon, 10 Aug 2009 04:37:00 +0000

METALS-Copper near 10-mth high, buoyed by demand hopes
Forbes
… held in China,” Citigroup ( C – news – people ) said in a note. Stainless steel ingredient nickel was trading at $20190 a tonne from $19625 on Friday. …
METALS-Shanghai copper up 1 pct, China data eyed this weekReuters India

all 13 news articles »

Iron Ore Prices Jump 10% to $111 a Ton for India-China Cargoes – Bloomberg

Chinese steel industry news — Mon, 10 Aug 2009 04:37:00 +0000

Iron Ore Prices Jump 10% to $111 a Ton for India-China Cargoes
Bloomberg
7, according to The Steel Index. That's for ore with 62 percent iron content. Both prices include freight charges.
Watch out for steel dumping from China, steelmakers warnJakarta Post
Crackdown fuels priceNEWS.com.au
China iron ore prices at $US115 a tonne after Baosteel hikeBusiness Spectator (registration)
Steel Business Briefing (subscription) -Steel Business Briefing (subscription) -Steel Business Briefing (subscription)
all 20 news articles »

Asian Shares End Higher But Shanghai Stocks Lose More Ground – Wall Street Journal

Chinese steel industry news — Mon, 10 Aug 2009 04:34:00 +0000

Xinhua

Asian Shares End Higher But Shanghai Stocks Lose More Ground
Wall Street Journal
… site affiliated with China's state secrets bureau posted accusations that Rio illegally obtained information about China's steel sector for six years, …
Shanghai Stocks May Halt SlideRTT News

all 39 news articles »

General Steel loss widens after charges – MarketWatch

Chinese steel industry news — Mon, 10 Aug 2009 04:27:00 +0000

General Steel loss widens after charges
MarketWatch
LONDON (MarketWatch) — General Steel Holdings Inc. said Monday that its second-quarter net loss widened to $31.8 million, or 80 cents a share, …
General Steel Q2 Loss WidensRTT News
General Steel Announces Second Quarter 2009 ResultsPR Newswire (press release)
General Steel Holdings Q2 Loss Widens – Quick FactsRTT News

all 12 news articles »

General Steel Announces Second Quarter 2009 Results – PR Newswire (press release)

Chinese steel industry news — Mon, 10 Aug 2009 03:08:00 +0000

General Steel Announces Second Quarter 2009 Results
PR Newswire (press release)
10 /PRNewswire-Asia-FirstCall/ — General Steel Holdings, Inc. (“General Steel” or “the Company”) (NYSE: GSI), one of China's leading non-state-owned …

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Asian stocks up as US, Japan data boost confidence – The Associated Press

Chinese steel industry news — Mon, 10 Aug 2009 02:50:00 +0000

The Associated Press

Asian stocks up as US, Japan data boost confidence
The Associated Press
A state secrets watchdog said over the weekend that Rio Tinto's alleged spying led Chinese steel companies to overpay for imported iron ore by 700 billion …

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