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Showing 221 - 230 of 423 results for "Steel"

Market Wrap - Midday

AAP  |  THURSDAY, 19 JAN 2012
... production in the last quarter of 2011. Materials remained the strongest sector, adding 0.7 per cent as Ernst and Young forecast steel output growth of around 6.7 per cent in 2012, driven by rising demand from India and China. BHP Billiton added one ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 DEC 2011
... "Some traders are saying that the 'bubble has burst,'" said IG Market's market strategist Stan Shamu. Shares in Bluescope Steel are in a trading halt as it seeks to sell shares not taken up in a recent $600 million bout of capital raising in a bid to ...

Market Wrap - Midday

AAP  |  TUESDAY, 22 NOV 2011
... cent, or $1.60, at $64.30. Rival BHP had declined 44 cents, or 1.23 per cent, to $35.46. Making news on Tuesday, BlueScope Steel said it would conduct a fully underwritten four-for-five accelerated renounceable entitlement offer to raise $600 million ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 NOV 2011
... earnings for three months to August. In equities news, James Hardie Industries posts first half results while BlueScope Steel Ltd, BHP Billiton Ltd, Mirvac Group and Seven West Media Ltd hold annual general meetings. The Australian market closed lower ...

Market Wrap - Midday

AAP  |  MONDAY, 14 NOV 2011
... down three cents at $37.77 and Rio Tinto up 34 cents at $69.73. Fortescue Metals rose eight cents to $4.90, and BlueScope Steel added $2.50 to $79.50. The four major banks were up by between 0.4 per cent and one per cent with ANZ rising the most with ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 OCT 2011
... weak economy, like US government debt and gold, rose. Manufacturing conglomerate 3M cut its 2011 earnings forecast, and US Steel warned that demand for its products could slow. Netflix Inc plunged 35 per cent after the company cut its profit forecast ...

Market Wrap - Midday

AAP  |  THURSDAY, 20 OCT 2011
... $63.18, while BHP Billiton had fallen 80 cents, or 2.2 per cent, to $35.60. Earlier this week reports emerged that China's steel makers were demanding lower iron ore prices and Brazilian mining giant Vale had accepted price cuts. Woodside Petroleum dropped ...

Carbon Tax provides certainty for companies needing to change

MATT WOODINGTON  |  THURSDAY, 13 OCT 2011
... the force of the Carbon Tax include electricity wholesalers, resources companies and energy intensive industries such as steel and aluminium. The three year fixed price period gives companies time to prepare for the change, while the impact on consumers ...

Market Wrap - Morning

AAP  |  MONDAY, 12 SEP 2011
... lows have helped gold come back today, but I doubt people are building new long positions ahead of the weekend," said James Steel, metals analyst at HSBC in New York. "Everyone's cautious after this wild week." BASE METALS Copper capped its worst weekly ...

Inflation not currency worrying the RBA

ALEX DUNNIN  |  WEDNESDAY, 7 SEP 2011
... boning heat had been building following pleas from the manufacturing sector after last month's pivotal announcements that steel jobs were no longer sustainable with the AUD at US$1.06 after its 15% rise in the last 12 months. Small business lobbyists ...