SINGAPORE (Reuters) - London copper hit fresh four-month lows on Tuesday as investors steered clear of riskier assets, put off by a slowing Chinese economy and Greece's increasingly complicated political woes. Major Market Indices Copper hit $ ...

SINGAPORE (Reuters) - London copper hit fresh four-month lows on Tuesday as investors steered clear of riskier assets with no resolution in sight to Greece's political distress that is compounding investor concerns about a slowing Chinese economy.

(Repeats to fix formatting) * LME copper lifted by short-covering gains on ShFE - trader * Greeks warming up to pro-bailout parties - poll * Spain borrowing costs spike,banks suffer credit rating cut * U.S. CFTC commitment of traders data due at ...

Major Market Indices Still, worries about Spain's finances and reports of Chinese copper inflows onto the London Metal Exchange (LME) will likely cap gains in the session. Three-month LME copper inched up 0.4 percent to $7,682 a metric ton (1 ...

London Metal Exchange copper prices slid further in early Asian trading on Wednesday May 16 as Greek uncertainty sapped risk appetite and the dollar index climbed sharply. Three-month copper stood at $7,736 per tonne at 03:15 London time, down $ ...

Still, worries about Spain's finances and reports of Chinese copper inflows onto the London Metal Exchange will likely cap gains in the session. Three month LME copper inched up USD 1 to USD 7,650 per tonne by 0712 GMT after closing almost flat in the ...

home to Europe’s last open outcry trading floor and central to the global trade of industrial metals like copper and aluminum. After this, they’ll go to the LME board. “The board of the LME has received a number of detailed proposals from ...

"From a technical standpoint, it's very oversold. Copper's finding some value at these levels." London Metal Exchange (LME) three-month copper edged up $1 to close at $7,650 a tonne. New York could not hold on to earlier gains. The COMEX July ...

Still, worries about Spain's finances and reports of Chinese copper inflows onto the London Metal Exchange (LME) will likely cap gains in the session. Three-month LME copper inched up 0.4 percent to $7,682 a tonne by 0425 GMT, after closing almost flat in ...

CHINA BOND Goldman Sachs said that bonded stocks of copper in China have begun to fall sharply, which could hit LME copper prices as well as physical premiums in China, in a research note. The bank said bonded stocks had dropped to 550,000 ...

An Extraordinary Time to Be in the Driver's Seat: Aaron Kennon Source: Brian Sylvester of The Gold Report   (5/18/12)

(IBTimes) - The Recovery Is an Illusion: John Williams Source: JT Long of The Gold Report   (5/18/12)

(IBTimes) - Cuba's hope of cutting its energy dependence on Venezuela by developing new domestic sources of crude oil has suffered a blow -- the first in a series of exploratory offshore

Canada's main stock index stumbled in the last hour of trading, ending the Friday session in negative territory. The S&P TSX Composite Index closed down 50 points to 11,280,

(IBTimes) - Apple ( AAPL ) is one of the most actively traded stocks currently. For the trader who trades only stock, there are two major difficulties in executing trades in this

One noteworthy trend that has been easily spotted during the evolution of the exchange-traded products business has been the proliferation of copycat or "me too" ETFs. Simply

Gold rose to a one-week high on renewed speculation that the Federal Reserve will announce additional stimulus to boost the U.S. economy, increasing demand for the precious metal as an

Oil dropped to a six-month low in New York on concern that Greece will have to leave the euro, deepening Europe's debt crunch and curbing fuel demand, according to a Bloomberg report.

(IBTimes) - Gold and silver soars and oil sinks in what can be best described as a quantitative easing conundrum. Many people were confused how gold might rally after briefly dipping in

Top Energy Stocks XOM +0.17% CVX -0.60% COP +0.12% SLB +0.22% OXY +2.92% Energy stocks are holding on to moderate gains today with the NYSE Energy Index ahead 0.42% and the

Energy stocks are holding on to moderate gains today with the NYSE Energy Index ahead 0.24% and the S&P Energy Index rising 0.58%. Benchmark crude oil for June delivery is off 66 cents at

Mercator Minerals Ltd. (ML.TO) is the most actively traded on the TSX at midday, with close to 7.8 million shares changing hands. ML is up 1 cent, to 60 cents. The company announced no

Alterra Power Corp. (AXY.TO) has entered into an agreement to acquire a portfolio of wind development assets at four sites in coastal British Columbia from a group of sellers led by English Bay

Oil headed for a third weekly decline in New York on concern that Greece will have to leave the euro currency union, deepening Europe's debt crunch and curbing fuel demand, Bloomberg reported

Oil headed for a third weekly decline in New York on concern that Greece will have to leave the euro currency union, deepening Europe's debt crunch and curbing fuel demand, Bloomberg reports.

While it might not look like it now, the most investable trend over the next 20 years is going to be in the resource sector, the renewable and non-renewable resources, the minerals, ores, fossil fuels and biomass a wealthier and growing global population is increasingly demanding from finite supplies and already strained production capabilities.

Golden Dory Resources says it is increasing its stake in the Gabbro Lake iron ore deposit in Canada's Labrador Trough.

The sharp turnaround in sentiment in the bullion market has some asking whether the rally is a dead cat bounce or perhaps the last chance to buy before prices rocket.

A report released today by the US EPA does not paint a favourable picture of the proposed Pebble Mine in Alaska.

Chinese authorities added 10,680 tonnes to the country's export allowance this week but it is something of a meaningless exercise because during the first quarter China only exported 26.3% of the initial quota.

Laurence Graff, the undisputed king of uber-expensive diamonds, will earn a tidy $290 million windfall when he restructures his Mayfair-based company and will vastly boost his paper wealth when Graff Diamonds lists in Hong Kong for as much as $4 billion.

In an interview with Louis James, John Hathaway discusses the US's economic outlook and why he's delighted by the current bearish sentiment toward gold.

South African thermal coal producer Continental Coal is seeking to augment its coal assets with a property in Colombia. The ASX and AIM-listed company (ASX:CCC; AIM:COOL) said yesterday it has entered into a JV agreement to acquire a 50% interest …

URS Corp.'s Oil & Gas division will build pipeline for a Steam Assisted Gravity Drainage oil sands project in the Wood Buffalo Region near Fort McMurray, Alberta.

The Colorado company is destined to become the number one producer outside China, but the rapidly changing economics of the industry has seen its stock decline 20% this week and 74% since May last year.

Michael Pascoe, writing for the Sydney Morning Herald, hits on a little-reported theme gleaned from remarks by BHP Billiton chairman Jac Nasser this week in Sydney.

McEwen Mining (TSX and NYSE:MUX) President and CEO Rob McEwen on Thursday cautioned shareholders that recent energy-industry expropriation and Argentina government policy decrees augured negatively for its San José silver/gold mine and other development projects.

Less than a month after officially launching its asteroid-mining plans, Google’s billionaire co-founders and filmmaker James Cameron’s owned company Planetary Resources, has already decided not to accept any more job applications.

Toronto-based major Inmet Mining has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it shoulder the bulk of a US$6.2 billion capital expenditure (capex) requirement aimed at putting the project into production by 2016.

China won’t meet its carbon and energy intensity targets unless dramatic changes to its electricity grid are applied, says a study by U.S.-based Energy Transition Research Institute.

* Spot market, derivatives growth brings new players * Spot market up to 20 pct of seaborne trade * Basic salary of $400,000 * FACTBOX-Iron ore: Who is doing what By Silvia Antonioli and Jacqueline Cowhig ...

The notice of meeting for EVRAZ's 2012 Annual General Meeting is now available for download here. Forms of proxy have been posted to shareholders at their registered addresses today. For more information on EVRAZs 2012 Annual General Meeting, please click here.

DETROIT, May 16, 2012 /PRNewswire/ --The Automotive Applications Council of the Steel Market Development Institute (SMDI) released "AHSS 101: Evolving Use of Advanced High-strength Steels for Automotive ...

Thomas J. Gibson, president and CEO of the American Iron and Steel Institute (AISI), testified today before the U.S. Senate Committee on Energy and Natural Resources.

AK Steel Retained at Neutral - Analyst Blog

APL Apollo Tubes Ltd, a leading manufacturer and exporter of steel pipes and tubes, today announced its performance for the year ended March 31, 2012.

THE first slab of steel has rolled off the production line at a North-East plant for the first time in more than two years.

ArcelorMittal, the largest steel producer in the world, announced in a press release on Friday that they will be selling Skyline Steel and Astralloy to Nucor Corporation for $605 million. The press release detailed that Aditya Mittal, CFO and member of the Group Management Board for AcrelorMittal, stated: Skyline Steel and Astralloy are strong specialist ... ArcelorMittal To Sell Skyline ...

MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH.LUXEMBOURG --(BUSINESS WIRE)-- 18.05.2012 --Regulatory News:ArcelorMittal announces today the sale of its steel foundation distribution business in NAFTA, namely Skyline Steel and Astralloy (Skyline Steel) to Nucor...

Shanghai-based Baosteel Group has won a contract to supply 21000 tonnes of electric resistance welded (ERW) pipes for a 140kms pipeline project in Indonesia, the company announced on 16 May. The high-grade API 5L X65 pipes will be used in an onshore ...

Brazil's second-largest steelmaker Companhia Siderrgica Nacional has dropped 15% in the past week in the wake of sub-par earnings.

Brazilian diversified mining major Vale has confirmed that its portfolio includes investments of $7.7-billion in projects in nine African countries. Speaking at a recent seminar on Africa hosted by Brazils National Economic and Social Development Bank (better known by its Portuguese initials, BNDES), Vale CEO Murilo Ferreira reaffirmed the importance of Africa in his companys strategy.

Britain's rich are getting richer, and steel tycoon Lakshmi Mittal is still the richest of them all, according to this year's Sunday Times Rich List.

Analysts, on average ... of $43.93 and support at its 200-day MA of $39.00. Chicago Bridge & Iron Company N.V. engineers and designs, fabricates, erects, and repairs steel plate structures and their associated systems. The Company builds and repairs ...

BRITISH COLUMBIA - Joint venture partners Xstrata Coal Canada and JX Nippon Oil and Energy stated their intention to proceed with the $35-million pre-feasibility study of the Suska coal project, located between Tumbler Ridge and Chetwynd....

Hu expects Chinese daily steel production to stand at around 2 million tonnes in May. Chinese steelmakers have kept crude daily runs at record levels since March, but industry sources reckon the recent fall in rebar prices and slower consumption ...

Major Chinese welded pipe maker, Baoji Petroleum Steel Pipe (BSG), is accelerating development of high-spec oil country tubular goods to substitute imported OCTG. On 13 May, BSG's first batch of commercial OCTG N80Q-grade electric resistance welded ...

ANNOUNCEMENT 11 May 2012 Chapudi acquisition transaction closed Further to the announcement of 10 May 2012 regarding the completion of the acquisition of the Chapudi Coal Assets , Coal of Africa Limited ...

ANNOUNCEMENT 10 May 2012 Acquisition of Rio Tinto and Kwezi's South African coal assets completed "Transaction strengthens Coal of Africa's position as one of the most substantial holders of prospecting ...

Steelonthenet.com - Brussels, Belgium; 20 Apr 2012 - World crude steel production for the 62 countries reporting to the World Steel Association (worldsteel) was 132 million tonnes (Mt) in March 2012, an increase of 1.8% compared to March 2011. Production for the first quarter of 2012 was 377 Mt, 1.1% higher than the first quarter of 2011

Global iron ore prices could drop to below $120 per tonne in the coming months on the back of disappointing Chinese spring steel demand and credit tightening, analysts at Deutsche Bank said in a research note on Thursday May 17. Chinese steelmakers ...

International Metal Corporation has launched a new, expansive website to meet an increased demand for recycled metals.

3 May 2012 - EVRAZ plc (LSE: EVR) ('EVRAZ') is pleased to announce that it has been named the best European company in the Best Financial Disclosure Procedures category in the 2012 IR Global Rankings (IRGR) survey during the award ceremony in New York. It is the second time when the top award in the Best Financial Disclosure is presented to EVRAZ - the first award in this nomination was presented to EVRAZ in 2011 during the IRGR Ceremony held in London where EVRAZ received awards for the Best Financial Disclosure and Best Progress. In 2012 second to sixth places in the Best Financial Disclosure nomination were awarded to NLMK, EDP Energias de Portugal, Philips, BASF and Turk Telekom. The analysis conducted by IRGR is based on the quality of the information provided on each participant's latest financial material, mainly financial reports, earnings releases and interim reports, within the following categories: Operating Information, Income Statement, Balance Sheet, Cash Flow, Guidance, Conference Calls & Presentations, and Exemplary Disclosure. Once the technical evaluation has been completed, an independent technical committee oversees and reviews IRGRs findings and final rankings to ensure the independence of such analysis. We are very pleased with the recognition of our efforts to increase transparency, and we remain committed to continuous improvement of our financial disclosure and investor relations standards, commented Giacomo Baizini, Vice President Corporate Affairs and CFO of EVRAZ. We are proud that we have been recognised the best among European companies, well known for best practices in financial disclosure and investor relations.For more information please see http://www.irglobalrankings.com ### For further information: Investor Relations: Alexander Boreyko Director, Investor Relations London: +44 207 832 8990 Moscow: +7 495 232 1370 irevraz.com Media Relations: Oleg Kuzmin VP, Corporate Communications London: +44 207 832 8998 Moscow: +7 495 937 6871 mediaevraz.com

17 May 2012 - EVRAZ plc (LSE: EVR) ('EVRAZ") is delighted to announce its inclusion in the MSCI United Kingdom Index, a constituent of the MSCI Global Standard Indices. The change will be implemented as of the close of 31 May 2012. EVRAZ was admitted to trading on the Main Market of the London Stock Exchange on 7 November 2011 and began trading as part of the FTSE 100 Index on 19 December 2011. ### For further information: Investor Relations: Alexander Boreyko Director, Investor Relations London: +44 207 832 8990 Moscow: +7 495 232 1370 irevraz.com Media Relations: Oleg Kuzmin VP, Corporate Communications London: +44 207 832 8998 Moscow: +7 495 937 6871 mediaevraz.com

Steelmaker Nucor Corporation 's ( NUE ) first-quarter 2012 earnings topped the Zacks Consensus Estimate and were well above the company's own forecast. However, the North Carolina-based

Annual Information Update 18 May 2012 - EVRAZ plc (LSE: EVR) ("Company") announces that in accordance with the requirements of Prospectus Rule 5.2, the following information and documents were ...

EVRAZ to Be Included in MSCI UK Index 17 May 201 2 - EVRAZ plc (LSE: EVR) ("EVRAZ") is delighted to announce its inclusion in the MSCI United Kingdom Index, a constituent of the MSCI Global ...

Interim Management Statement for the First Quarter Ended 31 March 2012 15 May 201 2 - EVRAZ plc (LSE: EVR) ("EVRAZ" or the "Company") today issued its first interim management statement ...

RBC, 15.05.2012, London 10:45:35. The revenue of Evraz Plc, a holding company of Russian metals and mining consortium Evraz Group, remained flat in the first quarter of 2012 compared to the year-earlier period, the company said in a statement.

Russian steel giant Evraz said revenue, prices and sales volumes were all flat in the first quarter of 2012, with currency movements making operations more expensive.

FLSmidth has been awarded a contract worth approximately US$65 million from Vale

* Fortescue says sees iron ore stuck in current price range * Says March quarter output drops 16 pct due to bad weather * Fortescue sales commitments exceed 100 million tonnes ofiron ore (Adds more details, ...

A scoping study completed for Centrex Metals Ltd and Wuhan Iron & Steel Company Ltd (Wisco) has reassured them that an iron-ore concentrate operation based on their Eyre Iron joint venture in South Australia could produce 5-10Mt/y

Brazilian steelmaker Gerdau SA said it will spend R$838 million (US$425 million) on developing its Gerdau Aominas property, an investment that it hopes will raise its upstream self-sufficiency by 2014

These are difficult times for the Chinese steel industry, which has seen margins plummet and has racked up a mountain of debt as it tries to serve the state as well as the market.

India's Tata Steel, the world's seventh-largest steelmaker, said Friday quarterly net profit plunged 90 percent from a year earlier, hit by high input costs and falling demand in its key European market....

Kiruna Wagon has signed an order for 150 iron ore wagons with international mining company Northland Resources

Members of the public were given a rare glimpse behind the scenes of one of the worlds largest steel production and engineering plants and were able to see one of the impressive 90 tonne electric arc furnaces melt a ladle full of steel at more than 1600 degrees.

Our new magazine launches with a look at the ultimate mining machinery, breakthroughs in autonomous systems, the vast resources of the BRICS countries and Mongolia, Australias skills shortage, and more.

Marketwire - TORONTO, ONTARIO-- - McEwen Mining Inc. announces that at its Annual General Meeting in Toronto on May 17, 2012, Mr. Robert McEwen, Chairman, President and Chief Executive Officer, provided an overview ...

Steelonthenet.com - Moscow, Russia; 04 May 2012 - Mechel OAO, one of the leading Russian mining and metals companies, announces that it intends to release its financial results for the full year period ending December 31, 2011, on Thursday, May 10, 2012. In conjunction with this release, Mechel will host a conference call, which will be simultaneously broadcasted live over the Internet. Yevgeny Mikhel, Chief Executive Officer, will host the call

In trading on Thursday, shares of Nucor Corp. (NYSE: NUE) entered into oversold territory, changing hands as low as $38.53 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to ...

Nucor Corporation (NYSE: NUE) agreed to acquire the membership interests of Skyline Steel LLC and it...

Steelmaker Nucor Corp said it will buy steel foundation distributor Skyline Steel LLC from ArcelorMittal for about $605 million.

Severstal reports Q4 and FY 2011 financial results Moscow, Russia - April 19, 2012 - OAO Severstal (LSE: SVST), one of the world's leading vertically integrated steel and mining companies, today announces ...

Open Joint Stock Company Magnitogorsk Iron and Steel Works Press Release May 17, 2012 Fitch affirms MMK BB+ rating On May 16, 2012 rating agency Fitch Ratings affirmed company's Long-Term (LT) Issuer ...

Open Joint Stock Company Magnitogorsk Iron and Steel Works Press Release May 17, 2012 MMK Group Submitted 2011 Financial Statements to FSA MMK (MMK:LI) announces that a copy of 2011 Financial Statements ...

NLMK Q1 2012 TRADING UPDATENLMK, the LSE-listed leading Russian steel producer, today announces the following regular trading update for Q1 2012. The Group's steel output increased 14% q-o-q to 3.6 million ...

Financial Times MITTAL URGES 'BUY EUROPEAN' PROGRAMME Lakshmi Mittal has called on European political leaders toback a "buy European" industrial programme as part of an effortto boost the continent's ...

Polish steel production for the first quarter of 2012 has increased by 15 percent compared to the same period last year, but experts maintain that the growth rate will slow. The steel industry was the focus of a session at this week's European Economic ...

We believe global uncertainty related to Europe, hard landing fear in China and as a result lower demand have been the key reasons behind this price correction. On top of that steel prices also affected by the continuous higher capacity utilizations ...

Further to the preliminary announcement of its results for the year ended 31 December 2011, EVRAZ plc announces that it has today published its 2011 Annual Report and Accounts (the '2011 Annual Report') for the same period. The 2011 Annual Report is now available to view or download in a pdf format from the Company's website at www.evraz.com and a copy has been submitted to the National Storage Mechanism, which will shortly be available for inspection at http://www.morningstar.co.uk/uk/NSM. The 2011 Annual Report and the Notice of the Companys Annual General Meeting, which will be held on 18 June 2012 in London, will be posted to shareholders on or around 8 May 2012. A condensed set of the Companys financial statements were included in the Companys preliminary results announcement. That information, together with the Appendix to this announcement, which is extracted from the 2011 Annual Report, constitutes the material which is required to be communicated to the media in unedited full text through a Regulatory Information Service for the purposes of compliance with DTR 6.3.5. It should be read in conjunction with and is not a substitute for the full 2011 Annual Report. References to page numbers and notes to the accounts made in the following Appendices refer to page numbers in the 2011 Annual Report. Please download the full version of press-release following this link. To download the Annual Report and Accounts 2011 please follow this link

Bette Kovach said the steelmaker, which employs about 1,100 hourly and salaried workers at its Warren mill, actually has a business plan to show it will achieve positive cash flow in six months even if prices for its basic product, hot band steel ...

The firm currently has a $60.00 target price on the stock. Shares of Reliance Steel & Aluminum traded down 3.11% during mid-day trading on Thursday, hitting $48.32. Reliance Steel & Aluminum has a 52 week low of $31.09 and a 52 week high of $58.58. The company has a market cap of $3.631 billion and a P/E ratio of 10.19. Reliance Steel & Aluminum ... (more)

Analysts at Motilal Oswal Securities Ltd ... than expected even though production has come under pressure owing to the ban on iron ore mining in Karnataka. JSW Steel produced 2.07 million tonnes of steel in the March quarter, about 7% higher compared ...

AFTER scooping the People's Choice Award pool in 2011, Xstrata has set the bar higher in its bid to take out the 2012 award for its display at the Xstrata Mount Isa Mines Expo.

Central European coal miner New World Resources (NWR) was hit by falling revenues from thermal coal and coke in the first quarter.

Steel magnate Lakshmi Mittal retains top spot, with Alisher Usmanov and Roman Abramovich in second and third Britain's wealthiest people saw their fortunes rise to record levels last year, according to the annual Sunday Times Rich List (paywall) , at a time when most Britons' earnings and savings were squeezed by inflation and low interest rates. The combined wealth of Britain's 1,000 richest ...

In his ad touting Steel Dynamics, Romney takes false credit for other people's hard work.

This is the not the first time the Romney campaign or the candidate himself has highlighted Steel Dynamics as a shining achievement of his time at Bain Capital. In fact, Romney often mentions the manufacturer in the same sentence as his other success...

This is the not the first time the Romney campaign or the candidate himself has highlighted Steel Dynamics as a shining achievement of his time at Bain Capital. In fact, Romney often mentions the manufacturer in the same sentence as his other success...

Schnitzer Steel Industries, Inc. announced today its market outlook for its third quarter of fiscal 2012. During the quarter, the global demand for recycled metals has remained soft and the tepid US economic recovery, together with lower than normal spring scrap flows, has contributed to tighter supplies.

The firm currently has a hold rating on the stock. Schnitzer Steel traded down 12.18% on Friday, hitting $28.40. Schnitzer Steel has a 52-week low of $32.26 and a 52-week high of $59.68. The company has a market cap of $781.3 million and a price-to-earnings ratio of 10.42. Schnitzer Steel last posted its quarterly earnings results on Thursday, ... (more)

* Slow China steel market, falling ore prices behinddeferment * Some mills have postponed shipments since April * Iron ore has fallen 30 percent from 2011 peak (Adds quotes, details) SINGAPORE/SHANGHAI, ...

Analysts and traders say China has to curb steel output further to depress supply and fuel a recovery in steel prices that would revive appetite for iron ore. China's crude steel output eased 1.6 percent to 60.575 million metric tons in April from a record ...

With the availability of iron ore remaining low, the Rs 65,000-crore sponge iron industry is moving towards consolidation. Sponge iron, also called Direct Reduced Iron (DRI), is used in the manufacture of steel. India is the worlds largest producer, accounting for 43 per cent of global production.