Sunday, April 20, 2008
Chinese steel an issue in Pennsylvania primary
Steel is becoming an issue in the US presidential race.
STLtoday
In the hollowed-out towns where steel plants once thrived, business and labor are uniting to demand that presidential contenders stand up to a growing threat to American steel — China.
Explosive growth in Chinese steel imports fueled by China's subsidies and questionable trade practices are triggering anti-China sentiments and fears for the future in American communities sustained for decades by the manufacture of steel.
Now, China's threat to American steel towns from Pittsburgh to Granite City is center stage in the debate over trade and globalization.
STLtoday
In the hollowed-out towns where steel plants once thrived, business and labor are uniting to demand that presidential contenders stand up to a growing threat to American steel — China.
Explosive growth in Chinese steel imports fueled by China's subsidies and questionable trade practices are triggering anti-China sentiments and fears for the future in American communities sustained for decades by the manufacture of steel.
Now, China's threat to American steel towns from Pittsburgh to Granite City is center stage in the debate over trade and globalization.
Labels: steel
Chile copper strike keeps two Codelco divisions shut - Yahoo! Malaysia News
This can't be good for copper prices.
from Yahoo Malaysia
A strike by Chilean mining subcontractors in its fourth day and denting output will keep state-run copper powerhouse Codelco's Andina and Salvador divisions closed through the weekend, the firm said on Saturday.
from Yahoo Malaysia
A strike by Chilean mining subcontractors in its fourth day and denting output will keep state-run copper powerhouse Codelco's Andina and Salvador divisions closed through the weekend, the firm said on Saturday.
Labels: Copper
Thursday, April 03, 2008
Volatile times ahead for copper pricing
Last week, Bloomberg.com reported:
Mexico's copper output plunged 49 percent in January from a year earlier because of a strike at Grupo Mexico SAB's Cananea mine, the nation's largest producer.
This past Monday, they reported
Striking miners and other workers scuffled with rocks and sticks at Mexico's largest copper mine, injuring nearly two dozen people, the mine's owners and local media said Sunday.
Grupo Mexico SAB issued a statement urging government authorities to intervene after Saturday's scuffle at the Cananea mine in the northwestern state of Sonora, where strikers tried to block other workers from entering the facility.
Copper is now at $3.90+ and still seems to be headed upwards.
Mexico's copper output plunged 49 percent in January from a year earlier because of a strike at Grupo Mexico SAB's Cananea mine, the nation's largest producer.
This past Monday, they reported
Striking miners and other workers scuffled with rocks and sticks at Mexico's largest copper mine, injuring nearly two dozen people, the mine's owners and local media said Sunday.
Grupo Mexico SAB issued a statement urging government authorities to intervene after Saturday's scuffle at the Cananea mine in the northwestern state of Sonora, where strikers tried to block other workers from entering the facility.
Copper is now at $3.90+ and still seems to be headed upwards.
Labels: Copper
