Basic Materials

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LMEWEEK-China metals demand seen up in 2015, copper at least 6 pct

HONG KONG, Oct 20 - China's consumption of refined copper is expected to rise at least 6 percent in 2015, roughly in line with this year, supported by new investment in power networks and demand from rail projects, analysts and industry executives said.

3:11am EDT

LMEWEEK-LME week loses some lustre as belts tighten, focus shifts East

SYDNEY/LONDON Oct 20 - As metals executives fly into London for the industry's most glamorous week, its best years may be over as sinking metals prices and rising costs tear holes in budgets, and the industry epicentre heads east.

Financials 3:10am EDT

Tokyo Steel cuts product prices for November delivery

TOKYO, Oct 20 - Tokyo Steel Manufacturing Co , Japan's top electric arc furnace steelmaker, said on Monday it will lower prices of all its products for delivery in November by 3,000 yen ($28) a tonne due to weak overseas prices and slow demand at home.

19 Oct 2014

China's Baosteel to supply gas pipes for Turkey-Azerbaijan pipeline

SHANGHAI, Oct 20 - China's second biggest steelmaker Baoshan Iron & Steel Co Ltd (Baosteel) said it had won a contract to supply pipes for a natural gas pipeline running from Turkey to Azerbaijan.

19 Oct 2014
Basic Materials
Dow Chemical Co $46.05 +2.88%
Praxair Inc $124.11 +1.43%
Freeport-McMoRan Inc $30.34 +0.33%

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