Nippon Steel to pay double for coal next year
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Nippon Steel, Japanâs leading steelmaker, has agreed to pay a record price of more than $120 per tonne for coking coal from next spring to Australiaâs BHP Billiton Mitsubishi
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JAPAN&#39;S second largest carmaker, Nissan Motor, is being forced to suspend output because of a severe steel shortage. Japan&#39;s largest steel company, Nippon Steel, said it was unable to meet Nissan&#39;s request
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Steelmaker reports big profits, disturbing trends.
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Independent power producer Dynegy Inc.   DYN.N said on Friday it will pay over $2 billion for the   power plants of private equity fund LS Power Group, fulfilling   a long-time goal to expand its generating fleet.
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BP could be forced to raise capital spending by $1.5bn (Â£820,000) next year because of sharply rising steel prices and increased competition for drilling rig services as oil companies lift investment to record levels.
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America's biggest steel maker posts solid growth as steel prices soar.
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BHP Billiton, the world&#39;s biggest mining company, has doubled its profits in the second half of the year on the back of booming global commodity prices.
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HONG KONG (Dow Jones)--China&#39;s Angang New Steel Co. (0347.HK) said Friday it will buy iron and steel assets from its state-owned parent in a US2.2 billion deal that will almost double its earnings per share in two years&#39; time.
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A FIRST estimate has put the cost of the Niigata earthquakes at more than Y1trillion ($12.5billion), or at least twice as much as all the natural disasters Japan suffered last year.
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Npower is to increase both its gas and electricity prices, the UK's fourth largest energy supplier confirms.
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Lakshmi Mittal, who is based in the UK, yesterday set his seal on the consolidation of the global steel industry with a $17.8bn (Â£10bn) double merger to create the world&#39;s largest producer.
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Fuji Photo Film said it will spend 262 million dollars to build three plants in Japan to nearly double its output capacity for a type of film that widens the viewing angle of LCD panels.
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NEW Zealand casino operator SkyCity Entertainment Group expects to double its Australian earnings in 2004-05 following its takeover of the Darwin casino.
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By Kyodo News International, Tokyo  Feb. 8--TOKYO -- Mitsubishi Heavy Industries Ltd. said Thursday its group  net profit swelled 83.3 percent from a year earlier to 38.46 billion yen in  the April-December period on strong sales at its shipbuilding, power systems  and machinery divisions.
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SYDNEY : BHP Billiton said it had struck a 3.2 billion US dollar deal to supply four Chinese steel companies with iron ore over the next decade.
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The world's largest listed coal company seeks a place in world's largest coal market.
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A pair of accidents that killed more than 300 miners has underscored the human price China pays for its booming economy and ravenous appetite for coal, an industry that's seen more than 4,500 workers killed on the job this year.