Inthe company went public on the Mexican stock exchange, and that same year, became the largest cement producer in Mexico with the purchase of three plants from Cementos Guadalajara. Inthe company made significant progress in overseas markets, doubling its exports. Further acquisitions of Mexican cement companies were made in andmaking CEMEX one of the ten largest cement companies in the world.
News that BlackRock Asset Management joined the race to provide an exchange-traded copper product to investors by filing its offering with the SEC did not have the same impact as the JP Morgan announcement did the day before, perhaps signaling some wariness on behalf of investors about reading too much into these filings.
News that unions at Chile's giant Collahuasi mine were calling for a strike vote did not have much staying power either. US macro numbers out yesterday had a mildly positive bias on the markets; consumer confidence readings inched up in October, rising to More neutral, was the August Case-Shiller City index of home prices for major metropolitan, where prices fell 0.
Although prices edged up a modest 1. We are lower across most markets right now, with metals selling off particularly hard. Judging from the negative reaction thus far, it is fair to assume that prevailing quantitative-easing parameters may have been overplayed in recent weeks, as both the amount and the phased-in nature of the current proposal is falling somewhat short of expectations.
We suspect that the selling may have somewhat more room to run now that it has started, but just as we saw in the aftermath of the China rate hike, the correction may prove to be relatively short-lived. MF China's Molybdenum price strongly rises up with market becoming more and more active. Interfax The Chinese steel industry's twelfth Five-Year Plan will concentrate on structural adjustments and energy conservation, state media reported Oct.
The latest gain put the SA index at The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled Is the Fed Blowing a Commodities Bubble? Big jump is expected in steel and ferrochrome prices in - Big jump is expected in steel and ferrochrome prices in We encourage our readers to use the services of those companies who supply reports and information free of charge.Penn National Gaming Inc.
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