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COLUMN-Miners paint rosy iron ore picture by skirting tough issues: Russell

--Clyde Russell is a Reuters columnist. LAUNCESTON, Australia, July 8- Australia's major iron ore miners have had a torrid year so far, battling low prices, engaging in an ugly slanging match with each other and dealing with persistent questions about the wisdom of their expansion strategies. The Minerals Council of Australia's report, entitled "Iron Ore: The Bigger...
Source: Reuters
ALEX//WRAPUP 3-China stocks fall again despite support measures

Before the market opened, Li said in comments posted on a government website that China had the confidence and ability to deal with challenges faced by its economy, but had nothing to say on the three-week plunge that has knocked around 30 percent off Chinese shares since mid-June. After a brief pause in the slide on Monday, the CSI300 index of the largest listed...
Source: Reuters | By: Samuel Shen and Pete Sweeney
GLOBAL MARKETS-Asia shares win reprieve but Greece, China concerns limit gains

*Investors hope for eventual deal on Greece. *China share market losses raise concerns for Asia. Japan's Nikkei rose 1.2 percent while MSCI's broadest index of Asia-Pacific shares outside Japan, which fell to six-month low on Monday, was up 0.2 percent.
Source: Reuters | By: Hideyuki Sano
WRAPUP 4-China stocks rise as Beijing's emergency moves brings some relief

*China stocks surge at opening, close up 2-3 pct. In an extraordinary weekend of policy moves, brokerages and fund managers vowed to buy massive amounts of stocks, helped by China's state-backed margin finance company, which in turn would be aided by a direct line of liquidity from the central bank. Oliver Barron, China policy research analyst at NSBO, said it wasn't...
Source: Reuters | By: Samuel Shen
COMMODITIES-Oil, steel, base metals fall on Greek "no" vote, China market turmoil

SINGAPORE, July 6- Most commodity prices suffered falls on Monday, compounding worries about oversupply, after Greece rejected terms for a bailout and top consumer China unleashed emergency measures over the weekend to prevent a full-blown stock market crash. "As far as Greece is concerned, if we are going to see a drawn-out period of uncertainty, that may be...
Source: Reuters
Metals investors look for miners to cut supplies to lift prices

*Reporting season kicks off on July 8 with Alcoa. "What will be very important over the next few weeks is whether we start to see some supply responses emerging during the corporate results period," said Nicholas Snowdon, metals analyst at Standard Chartered in London. "Over the past six months Vale, BHP and Rio have independently suggested either cuts to existing...
Source: Reuters | By: Eric Onstad
Iron ore price fall a sign China's economic might waning

China uses more than a billion tonnes of iron ore a year to make steel- 14 times the consumption of the United States- but Beijing's efforts to shift the economy to consumer-led growth means steel consumption is peaking faster than expected. "It's clear China can no longer consume all the iron ore that's out there, so something's got to give," said James Wilson, a...
Source: Reuters | By: James Regan and Ruby Lian
WRAPUP 3-China points finger at "manipulators", as stock market slides

*China shares have fallen nearly 30 pct from mid-June peak. SHANGHAI, July 3- Chinese stocks fell again on Friday, as the securities regulator said it was investigating suspected market manipulation amid increasingly desperate attempts by Beijing to head off a full-blown crash. After a slump of nearly 30 percent in Chinese stocks since mid-June, the China...
Source: Reuters | By: Nathaniel Taplin and Samuel Shen
UPDATE 1-China to lift ban on entry of miner Vale's mega-ships

SHANGHAI, July 3- China said on Friday it will allow 400,000- deadweight tonne ships to dock at its ports, officially ending a more than three-year ban that had effectively shut out Brazilian miner Vale SA's giant vessels. Four domestic ports- Qingdao, Dalian, Tangshan Caofeidian and Ningbo- will be allowed to receive the carriers after they meet technical...
Source: Reuters
WRAPUP 2-China points finger at "manipulators" as shares slump again

*China shares have fallen more than 20 pct from mid-June peak. SHANGHAI, July 3- Chinese shares tumbled on Friday, after the country's securities market regulator said it had opened an investigation into suspected market manipulation as Beijing struggles to head off a full-blown crash that could damage an already slowing economy. The Shanghai benchmark had...
Source: Reuters | By: Nathaniel Taplin