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UPDATE 2-China home prices rise for third month in July

BEIJING, Aug 18- Chinese home prices rose for a third consecutive month in July, fuelled by a pick-up in sales and market sentiment, a rare counterpoint to a growing list of grim indicators in the world's second-largest economy. Average new home prices rose 0.3 percent in July versus June, according to Reuters calculations based on data released by the National...
Source: Reuters | By: Kevin Yao and Xiaoyi Shao
China home prices rise 0.3 pct m/m in July, fall y/y

BEIJING, Aug 18- Average new home prices in China's 70 major cities rose 0.3 percent in July from June, a third consecutive monthly rise, National Bureau of Statistics data showed on Tuesday. The statistics bureau said new home prices in Beijing rose 1.0 percent last month from a year earlier, compared with June's drop of 1.1 percent. China's real estate investment...
Source: Reuters
UPDATE 1-China July steel output falls 4.6 pct on yr -stats bureau

*Steel mills may pick up production ahead of curbs in Beijing. Growth in China's factory output, fixed-asset investment and retail sales were all weaker than expected in July, adding pressure on Beijing to roll out more measures to support the struggling economy. But Beijing will shut factories to ensure clean air from Aug. 20 to Sept. 3 during events to mark the...
Source: Reuters
COLUMN-Minding the gaps in the copper cost curve: Andy Home

LONDON, July 30- When the going gets tough, there's always the cost curve. On the London Metal Exchange, benchmark three-month copper this week hit a low of $5,164 per tonne, a level last seen in 2009.. So far only a handful of smaller mines have been shuttered but this week brought news that Freeport McMoRan, one of the world's biggest copper producers, is running the...
Source: Reuters | By: Andy Home