US weekly raw steel production up by almost 15pct YoY

American Iron & Steel Industries reported that, in the week ending January 29th 2011, US domestic raw steel production was 1.782 million tons while the capability utilization rate was 73.7%. Production was 1.552 million tons in the week ending January 29th 2010, while the capability

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Mitsubishi Motors looks to up auto sales in Russia 65% in 2011

Interfax citing Mr Andrei Pankov General Director at the company exclusive distributor Rolf Import LLC as saying that Mitsubishi Motors Corporation has set 75,000 automobiles as its sales target for Russia this year which would be a 65% increase over last year

He said that "We plan to sell

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Chinese crude steel output inches down a bit in mid ten days of January

The latest ten day report by CISA shows that, the crude steel output of its members during the mid-ten days of January was about 14.89 million tonnes corresponding to 16.95 million tonnes for the whole country. The daily output for the ten days stood at about 1.7 million tonnes down 98,000

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Chinese crude steel output inches down a bit in mid ten days of January

The latest ten day report by CISA shows that, the crude steel output of its members during the mid-ten days of January was about 14.89 million tonnes corresponding to 16.95 million tonnes for the whole country. The daily output for the ten days stood at about 1.7 million tonnes down 98,000

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Israel fears Egypt unrest will threaten gas supplies

AFP reported that Israel expressed concern that its natural gas supplies from Egypt could be threatened by the ongoing popular uprising to oust President Mr Hosni Mubarak.

A spokesman for Israel's national infrastructure minister Mr Uzi Landau told AFP that "We again realize that the

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