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...Last month the Samarco dam in Mariana, in the state of Minas Gerais in southeastern Brazil, burst and sparked a mud tsunami, writes Peter Campbell....
...Bob Bernstein, a US lawyer who has represented metals fabricators, said the proposed reforms “try to solve a problem which, because of longer and longer queues, has led to bigger and bigger financial incentives...
...The latter is an interesting turn of phrase, for it suggests the problem runs much deeper than the peripheral explanation which has so far been expressed by end-users and fabricators....
...Southeastern owns 8.4 per cent of Dell, making it the largest outside shareholder....
...Expectations that Mr Icahn would join dissidents such as Southeastern Asset Management, Dell’s biggest outside shareholder, in resisting the current buyout plan lifted the company’s shares to their highest...
...Consumers, fabricators and even producers are trying to offload metal.” The shift offers an early indication of what many believe is now a period of recession in the eurozone economy....
...The Copper and Brass Fabricators Council alleged investment funds were the “major driver” behind rising copper prices. Many industry analysts attribute the price levels to industrial demand in Asia....
...The steel producer said it expected prices for the metal to rise during the current quarter as the economy recovered....
...The rise in lease rates increases the cost for fabricators wanting to use the metal for manufacturing....
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