Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Edward E. Shure who wrote (347)	4/2/1999 12:02:00 AM
From: Night Writer	Read Replies (1) \| Respond to of 12663

EES, What does this do to copper stocks? Are the Japanese gearing up production due to improving economic outlook in Asia? Do they plan to dump copper on us like they dumped steel? Who needs the extra lead? What do they need it for? I hope it's fishing sinkers and not bullets. These and many other key economic questions are bothering my golf swing. NW Japan 1999/00 H1 copper, zinc output set to rise TOKYO, April 2 (Reuters) - Japan's eight non-ferrous metal smelting and refining companies plan to raise their total output of copper and zinc in the first half of 1999/2000 from the year-ago period, according to semiannual production schedules released this week. Copper output is forecast to rise 2.7 percent year-on-year to 668,833 tonnes in the six months ending on September 30, while zinc output is projected to rise 7.4 pct to 325,339 tonnes. The higher refined copper output reflects a rise in Nikko Mining and Metals Co Ltd's <5716.T> production capacity last December, industry sources said. Lead output is expected to rise 2.0 percent from a year earlier to 128,700 tonnes. The eight companies are: Mitsubishi Materials Corp <5711.T>, Nippon Mining and Metals Co Ltd <5716.T>, Mitsui Mining and Smelting Co Ltd <5706.T>, Sumitomo Metal Mining Co Ltd <5713.T>, Dowa Mining Co Ltd <5714.T>, Furukawa Co Ltd <5715.T>, Toho Zinc Co Ltd <5707.T> and Nittetsu Mining Co Ltd <1515.T>. Production plans for the first half of 1999/2000, output estimates for the latter half of 1998/99 and actual results from the first half of 1998/99 were as follows (in tonnes). Totals will exceed Japan's actual production levels due to double counting of metal refined on a tolling basis. MORE