Basic Materials


Tokyo Steel keeps product prices unchanged for May on inventory growth

TOKYO, April 21 - Tokyo Steel Manufacturing Co , Japan's top electric arc furnace steelmaker, said it will keep product prices unchanged for a fourth straight month in May as stockpiles have increased after labour shortages delayed construction projects.

4:49am EDT

China seen buying Westinghouse reactors for $24 billion nuclear energy projects

* Nuclear plants, with machinery and services, may cost $24 billion

RPT-INSIGHT-Compensation battle rages four years after BP's U.S. oil spill

(Repeats story first published on April 18, text unchanged)

Markets, Stocks, Energy 3:49am EDT

China Hebei March steel output down 3.5 pct on year -stats bureau

BEIJING, April 21 - Hebei, China's top steel producing province, produced 17.43 million tonnes of crude steel in March, a decline of 3.5 percent on the year, with local mills under pressure as a result of slow demand, cash shortages and a state-led anti-pollution drive. According to figures from the National Bureau of Statistics, Hebei's crude steel output amounted to 24.8 percent of the national total over the month, down slightly from 24.9 percent in the first two months of the y

2:20am EDT
Basic Materials
Dow Chemical Co $48.72 +0.45%
Praxair Inc $131.86 +0.24%
Freeport-McMoRan Copper & Gold Inc $33.01 +0.00%


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