ThyssenKrupp in talks for sale of Metal Forming with Gestamp

ThyssenKrupp has decided to negotiate exclusively with the Spanish Gestamp Automoción SL on the sale of the Metal Forming group.

The executive board of ThyssenKrupp AG has confirmed its intent to sell the Metal Forming Group to Gestamp and to approve entering into a corresponding

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Ukrainian steel output in January to February up by 13pct YoY

According to preliminary data, in the January to February period of this year Ukraine registered increase of 13%YoY in its finished steel product output to 4.903 million tonnes and a nine percent rise in its crude steel output to 5.535 million tonnes.

In the first two months of 2011,

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Hutchison Port to raise USD 5 billion from Singapore listing

China Knowledge reported that Hutchison Port Holdings Trust, a port unit under Hutchison Whampoa Ltd controlled by Hong Kong tycoon Mr Li Ka-shing is seeking to raise USD 5.83 billion through an initial public offering in Singapore, thus to become the largest ever listing in the

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Chinese ports cargo throughput in January up by 13pct

China Knowledge reported that China cargo throughput of ports above designated size amounted to 735 million tonnes in January reflecting a YoY growth of 13.3%.

In January, China saw its cargo throughput for foreign trade reach 237 million tonnes up by 13.5%YoY. The increase in China cargo

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ShaGang to lift EXW price for the first ten days of Mar

It is reported that leading China steelmaker Benxi Steel unveiled its price change details for Mar 2011 deliveries and most carbon steel prices keep unchanged with the same as that of the last ten days in February

1. Rebar
Mar prices keep unchanged from February level
HRB335 with diameter

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