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Sunday, November 08th, 2009

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Posts Tagged ‘ OAO ’

China Continues its Commodities Binge with Brazilian Oil Deal

Feb 23rd, 2009 | By Jason Simpkins | Category: Oil Investment & Alternative Energy

China Development Bank, one of China’s largest state-owned enterprises, has agreed to lend $10 billion to Brazil’s Petrobras (PBR) in exchange for a long-term supply of oil – the latest illustration of how Beijing is using the global downturn to further its domestic agenda.

Tags: ACH, China Development Bank, China Minmetals Corp, commodities prices, Global Downturn, Jason Simpkins, OAO, PBR, Rio Tinto Plc, RTP, SHI, TRNFF, Zinc Miner
Posted in Oil Investment & Alternative Energy | No Comments »

Shift in China Trade Policy Could Accelerate Western Steelmakers’ Slump

Dec 30th, 2008 | By Don Miller | Category: Financial News

The steel business faces its biggest hurdle in 60 years with some analysts predicting double digit production cuts in 2009. Now, a sudden change in China trade policy may spell even more trouble for Western steelmakers, as Beijing is currently considering measures to shore up its ailing steel industry with new export policies.

Tags: Baosteel Group Corp, China GDP, China Trade Policy, credit crisis, Don Miller, Global Financial Markets, Global Steel, MCO, MT, OAO, Steel Business, United States Steel Corp., World Steel Dynamics
Posted in Financial News | No Comments »

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