steelmakers

Rio ended down 3.3% after a Web site affiliated with China's state secrets bureau posted accusations that Rio illegally obtained information about China's steel sector for six years, which resulted in Chinese steelmakers being overcharged more than $100 billion for iron ore.

Nikkei Rises on Economic Data, Weaker Yen 2009

"We believe severe overcapacity and low self-sufficiency in iron-ore and coking coal could result in Chinese steelmakers facing a prolonged period of close to trough-cycle margins," brokerage Goldman Sachs said in a note on Tuesday after downgrading Angang Steel to a Sell from Neutral.

China Steel Makers' Shares Tumble Joanne Chiu 2012

Concerns about a slowdown in Chinese economic growth continued to hurt shares of major China-linked firms such as steelmakers and shipbuilders.

Tokyo, London and Other Markets Hurt as Investors Sweat Economy 2008

The decline, which was the worst since a 13.6% fall in November 2003, came as companies such as steelmakers scaled back their orders after an investment spree in January, a Cabinet Office official said.

Japan machinery orders fall back 2008

Concerns about a slowdown in Chinese economic growth continued to hurt shares of major China-linked firms such as steelmakers and shipbuilders.

Credit jitters, earnings 2008

The companies together supply 20% of the iron ore consumed by Chinese steelmakers, meaning that a tie-up could lead to higher prices there.

BHP's Chief Thinks China 2008

Sluggishness in the Chinese market due to concerns about potential weakening economic growth after the Beijing Olympics continued to hurt shares of major China-linked firms such as steelmakers and shipbuilders.

Bank Stocks Weigh 2008

Tokyo finished at a 15-month low as funds continued selling issues such as steelmakers and trading houses to square positions, and other investors awaited the first data showing U.S. holiday consumption levels.

Stocks Come Off Highs 2007

An earlier-than-expected announcement Friday by the People's Bank of China, after Tokyo stocks trading closed, to raise the deposit reserve requirement ratio for Chinese financial institutions rattled overseas markets, hurting China-related stocks such as steelmakers and construction equipment manufacturers as investors worried the monetary tightening could curb economic growth.

RSSMicro Search - Top News on RSS Feeds 2010

But the market soon climbed back to the positive side, as investors snapped up heavily battered shares such as steelmakers and shipping firms.

JCN Newswire 2008