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Reports on the refusal of Anglo American PLC to fund additional developments of Zambia Copper Investments Ltd. Amount committed by Anglo; Implication of the refusal on the future of Konkola Copper Mines in Zambia; Remarks from Simon Thompson, chairman of Zambia Copper.

Reports on the plan of Russian Aluminum to expand its sales offices in the United States, by taking advantage of shutdowns of aluminum smelting. Appointment of Bruce Markowitz as head of the metal operations of Sibirsky Aluminum Products USA unit of the company; Problems faced by the expansion plans; Perception on the quality of Russian metal.

Forecasts the decline in stainless steel scrap supply in the U.S. in 2003. Stainless steel production affected by rising nickel and chrome prices.

Reports on investments made by Spain-based Compania Espanola de Laminacion (Celsa) in order to strengthen its grip on the domestic construction market. Company's development of a program of capital investments and acquisitions; Investment in a medium-sections mill; Projected growth of the local construction market; Expansion of the company's product range.

Reports on the holding out of members of the Japanese Smelter Pool from agreeing on copper concentrate treatment and refining charges (TC/RC) with Chilean miner Minera Escondida Ltda. Refusal of other smelters to follow the TC/RC agreement of Mitsubishi Materials Ltd. with Escondida; Deals completed by Escondida with Asian smelters; Supply of concentrates to Palabora Mining Co. by Escondida.

Reports on the writedown of Rio Tinto's Kennecott copper operations in the United States as of January 29, 2002. Schedule of the announcement of the company's 2001 results; Range of the writedown according to Merill Lynch Global Securities.

Deals with the negotiations between mining company PT Freeport Indonesia Co. and Japan Smelter Pool (JSP) for the supply of copper concentrates. Reason why JSP prefer to deal with PT Freeport; Trend in spot concentrates prices; Factor affecting the spot concentrate market.

Discusses developments in drag treatment charges and refinement charges (TC/RC) among copper smelters in the United States as of November 15, 2001. Effect of cutbacks in copper production on TC/RC; Decline in the spot TC/RC for concentrates shipped to China; Companies that will reduce copper production.

Reports on an increase in China imports of steel scrap from the United States in the first half of 2001. Factors that impacted steel scrap consumption in India and Pakistan; Total imports of iron and steel scrap in China in the first eight months of the year; Factors that would slow imports of China toward the end of 2001.

Reports on the decline in ferrous scrap supplies in eastern Europe in 2001. Decline in Russian ferrous scrap collection in the summer; Details on the decline in ferrous scrap exports from the Commonwealth Independent States (CIS); How the absence of much ferrous scrap from the CIS has helped Japan's scrap industry.

Discusses the financial performance of the BHP Billiton Ltd. Prices of metal products; Impact of market diversification on the company; Production capacity of the copper manufacturer; Effects of high electric rates on its operation.