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Hyundai Steel was selected as the preferred bidder to take over a special steel making affiliate of debt ridden Dongbu Group.

The Company said that this bidding, if completed successfully, will deal a severe blow to the country's leading specialty steel maker SeAh Group that is trying to acquire POSCO Specialty Steel in an ambitious move to cement its position as the dominant supplier of special steel in the country.

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Metal Rate
29 Sep, 2014
Zn
2252
Ni
16505
Sn
20530
Al
1913
Cu
6735
Source: LME.co.uk
NEWS ARCHIVE

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India a Land of Promises
Stefano Deplano
President & CEO - Danieli Centro Combustion

When Danieli Centro Combustion set up shop in India 6 years ago, the situation was quite different and the ...Read More

Weekly Poll
Coking coal prices to weaken in Q2
Yes
No
Can't Say
Baltic Dry Index
10 Oct, 2014
BDI
963
BCI
1544
BPI
865
BSI
970
Source: DryShips.com
Currency Rate
26 Oct, 2014
USD
1.0000
AUD
1.1429
BRL
2.4466
CAD
1.1150
CNY
6.1468
EUR
0.7881
GBP
0.6152
INR
61.6655
JPY
109.3632
RUB
39.4071
ZAR
11.2575
Source: http://www.xe.com