China's steel threat may be excess, not shortage

Article Abstract:

After years as a significant importer of steel, China has become a net exporter. The change is due to an decrease of domestic demand for the metal combined with an increase in the country's production capacity. While China's appetite for steel imports once stressed the global market's ability to meet its demand, there is concern that the potential abundance of its exports could also threaten the stability of the industry by leading to an excess of supply internationally.

China, Market information - general, Foreign trade, Commodity & service prices, Blast furnaces and steel mills, Exports, Capacity, Labor Distribution by Employer, Economic aspects, Prices and rates, Forecasts and trends, International trade, Supply and demand, International aspects, Statistics, Market trend/market analysis, Steel industry, Steel, Company pricing policy

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Mining companies' fat profits may slim down as costs climb

Article Abstract:

The international mining industry has experienced huge profits in the past two years which have encouraged expansion projects and the opening of new mines. The new projects have created hign expenses that could cause financial projections to decline and translate into less value for shareholders. BHP Billiton posted a net profit of approximately $6.4 billion, up 89 percent from last year.

Financial management, Securities issued, listed, Security brokers and dealers, South America, Mining & Extractive Industries, Mining, All Other Metal Ore Mining, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, METAL MINING, Ferroalloy Ores, Chemical & Fertilizer Minerals, Other Nonmetallic Mineral Mining and Quarrying, Mining industry, Securities industry, Securities, Company securities, Mineral industry, Company financing

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Smith Corona files for Chapter 11

Article Abstract:

Smith Corona Corp. has filed for bankruptcy under Chapter 11 protection. The company is planning to sell off its $12.4 million worth of assets.

Office machines, not elsewhere classified, Office Machinery Manufacturing, Organizational history, Business Machines NEC, Planning, Office equipment, Office equipment and supplies industry, Office equipment industry, Bankruptcy, Smith Corona Corp., SCO

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