LME and SGX launch futures contracts for Asia

Thu, 29 Jul 2010 01:18:00 GMT
The London Metal Exchange and Singapore Exchange SGX are jointly introducing cash-settled futures for steel billet and non-ferrous metals. Copper and zinc futures are expected to be launched in the...
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London Metal Exchange trading in first half climbs almost 8% to a record

Wed, 28 Jul 2010 01:46:00 GMT
London Metal Exchange trading was a record in the first six months this year, led by gains in lead. Total trading was 59.3 million contracts, up almost 8 percent from the first half of 2009, the LM...
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Korean Shipbuilder DSME Wins Order for Ten Container Ships

Mon, 26 Jul 2010 01:33:00 GMT
Korea’s Daewoo Shipbuilding Marine Engineering (DSME) has secured a huge order from Singaporean shipper Neptune Orient Lines to build ten 8,400 TEU container vessels worth KRW 1.2trillion ($1...
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Chongqing CPI in H1 Up By 2pct YoY

Mon, 26 Jul 2010 00:39:00 GMT
China Knowledge citing State Statistical Bureau figures said Southwestern China Chongqing Municipality saw its Consumer Price Index grow 2.2% in the first half of this year, 0.4 percentage points l...
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China Shuts Dalian Port After Major Oil Spill

Wed, 21 Jul 2010 01:10:00 GMT
One of China's biggest ports, Dalian, shut on Monday after an pipeline explosion triggered a major offshore oil spill, forcing a refinery to cut processing and importers to divert cargoes elsewhere...
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Pakistan Ferroalloy Importers Turn To Mongolia And Iran Market

Tue, 29 Jun 2010 08:19:00 GMT
A pakistan ferroalloy importer told Ferroalloynet that the Price Superiority of china ferroalloy product had disappeared. As a result, they turned the purchasing target to Mongolia and Iran, which ...
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Aker Solutions forms Africa partnership with TWP

Tue, 29 Jun 2010 01:28:00 GMT
Norwegian-based Aker Solutions announced on Monday that it had signed a strategic partnership agreement with South African project house TWP to collaborate on projects in Africa. Aker Solution seni...
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Ukraine's Ferroalloy Exports Down By 27.3 Percent in May Over April

Tue, 29 Jun 2010 00:35:00 GMT
In May this year, Ukraine's ferroalloy exports went down by 27.3 percent to 82,700 mt compared to April. However, on year-on-year basis the figure constituted an increase of 40.5 percent. Specifica...
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Australia PM wants quick deal on mine tax

Mon, 28 Jun 2010 01:15:00 GMT
Australia's new prime minister, Julia Gillard, wants to reach a quick compromise with miners over the government's proposed mining tax in order to neutralise the issue at this year's general electi...
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Export Tax Rebate Cancellation to Increase Domestic Supplies

Thu, 24 Jun 2010 11:32:00 GMT
On the 22nd of June, China’s Ministry of Finance and State Taxation Administration have acknowledged that the export tax rebate of 48 steel products will be canceled from the 15th of July. In...
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