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Metals

Steel maker up against the ropes
FerroChina, a Chinese steel maker, said yesterday that it is unable to repay loans totaling 706 million yuan (US$104 million) because of the "current economic crisis." A further 4.52 billion yuan in loans and notes may also be at risk.




HK Property Market in May
Boao Forum for Asia 2008
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Plea for ore delay due to low demand
Australian miner Mount Gibson Iron Ltd said some Chinese steel makers have asked it to delay ore shipments, a further sign of weaker demand that will add pressure on mining giants in the upcoming annual price negotiations.
China's iron ore, steel prices may fall further: Ministry
China's Ministry of Commerce on Thursday said the prices of iron ore and steel products have further room for slide following recent retreat.

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- Large molybdenum mine find in south China
- Aluminium loss
- Chalco forecasts over 50% slump in Q3 profit
- Steel mills to cut production on slump demands
- Zoomlion buys Italy's construction machinery maker CIFA
- Chalco to ride out low prices
- Baosteel inks deals
- Bauxite imports cause concern
- Steel duty ends
- Guangxi Iron and Steel Group established
- Sinosteel wins nod for Aussie merger
- CISA condemns Vale price increase
- Mill's revamp signals speedup of sector's restructuring
- Chinalco invests in Harbin factory
- Vale price hike tests contract setup
- Production cut as prices tumble
- Big smelters bolster rebound in zinc output
- CITIC Resources seeks separate listing
- Gold loses its luster
- Steel giant unveiled in China after major merger
- Ore price dives in China
- Codelco seeks joint venture with Minmetals
- Chalco set to tighten expenses
- Baosteel pares prices as demand wanes
- Gold shares lose luster
- Baoshan slashes prices to fuel demand
- Smelter gains on strength of by-products
- Shandong Gold shines in H1 net
- Zinc producer's H1 earnings slide 75%
- Metal firm increases profit on demand
- Chinalco wins green light for Rio purchase
- Alcoa's 'green' products on Beijing buses and sports venues
- Steel export surge not all it appears
- Valin steels itself for joint venture
- Angang profit margins may be 'under pressure'
- Higher demand and prices boost Wuhan Steel's H1 net
- Net income climbs for steel maker
- China steel exports up 20% in July
- China aluminum output to rise
- Gold producer eyes unit IPO to fund expansion
- Steelmakers may suffer squeeze
- Baosteel to move Shanghai production line
- Citic buys Shanxi Taigang share parcel
- Zinc dents H1 mining profit
- Chinalco releases half-year figures
- Gold profit jumps
- Platinum on sale
- Xinjiang yields more gold
- Q2 profit improves in stainless steel mill
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