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News Breaks | | | | January 15, 2013 | | 07:33 EDT |  | VALE, BNP, RIO, MT | Australia's Treasurer Swan: Iron ore market to remain volatile, WSJ reports
High iron ore prices will continue to be supported by Asia's growth, but the market is likely to be fairly volatile in the short term, says Australian Treasurer and Deputy Prime Minister Wayne Swan. Says he: "I always caution people against putting too much faith in short-term commodity price movements, and it is worth noting that the recent rise in iron ore prices has not been matched by steel price movements, or prices for other steel inputs such as metallurgical coal." Reference Link | |
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News For VALE;BNP;RIO;MT From The Last 14 Days Check below for free stories on VALE;BNP;RIO;MT the last two weeks. |
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| May 20, 2013 | | 07:58 EDT |  | VALE, RIO | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. | | | May 14, 2013 | | 09:38 EDT |  | RIO | Rio Tinto downgraded to Equal Weight from Overweight at Barclays
 Subscribe for More Information | | | 07:29 EDT | | VALE, RIO | BofA/Merrill to host a conference
Subscribe for More Information | | | May 13, 2013 | | 08:26 EDT | | MT | ArcelorMittal calls for protection from Chinese competition, FT says
The chairman of ArcelorMittal, Lakshmi Mittal, has urged Europe to consider applying higher tariffs on imports of Chinese-produced steel, or for a surcharge on imported steel from "countries where environmental standards are very low,” according to Financial Times. Reference Link | | | May 10, 2013 | | 10:13 EDT |  | MT | ArcelorMittal gaps up after Q1 report, guidance, levels to watch
The shares are up over 5% at time of writing to $13.22. At that price, next resistance is at $13.75. Support is at $13.03. | | | 08:57 EDT |  | MT | ArcelorMittal backs guidance for FY13 EBITDA above $7.1B
Subscribe for More Information | | | 08:55 EDT |  | MT | ArcelorMittal reports Q1 revenue $19.75B, one estimate $20.86B.
Subscribe for More Information | | | 05:53 EDT | | RIO | Carlyle Group bids on stake Rio Tinto Australian copper mine, Reuters reports
The Carlyle Group (CG) submitted a bid for Rio Tinto's (RIO) 80% stake in the Northparkes copper mine in Australia, sources say, reports Reuters. Analysts have suggested Rio Tinto could receive up to $1B for the mine. Reference Link | | | May 9, 2013 | | 07:57 EDT | | RIO | Rio Tinto CEO defends iron ore expansion criticized by holders, FT says
Subscribe for More Information | | | 07:12 EDT | | RIO | Miners' asset sale attracts private equity, Bloomberg reports
Subscribe for More Information | | | | May 8, 2013 | | 05:47 EDT | | RIO | Rio Tinto sees record iron sales to China, WSJ reports
Rio Tinto (RIO) expects its iron ore sales to China to rise to a record this year due to the country's increasing demand for steel, according to Alan Smith, president of Rio Tinto Iron Ore Asia, reports the Wall Street Journal. He said China's demand for steel is expected to rise at a compound annual growth rate of 3% in the next decade.Reference Link | |
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