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China's slowing economy 'zombifies' its steel industry, as optimism creeps into US scrap

Platts steel editors look at the economically challenging global landscape for metals, and explain how raw materials are impacting pricing and the outlook for finished steel goods.

EU told rules on commodity price speculation risk losing their teeth

BRUSSELS/LONDON, May 21 (Reuters) - New European Union rules to crack down on speculation in food and other commodity prices risk being watered down during final negotiations over detail, campaigners said on Thursday.

Energy divestment campaigns a 'red herring', says Shell CEO

LONDON, May 21 (Reuters) - Royal Dutch Shell Chief Executive Ben van Beurden on Thursday slammed as a "red herring" calls for investors to divest from energy companies as part of the fight against climate change.

De Beers puts Kimberley diamond mine in South Africa up for sale

May 21 (Reuters) - Diamond miner De Beers Group said it was putting its Kimberley Mines in South Africa up for sale as the operation no longer fits the company's strategic plan.

UPDATE 1-Russia offers military aid to Iraq during PM visit

MOSCOW, May 21 (Reuters) - Russia offered visiting Iraqi Prime Minister Haidar al-Abadi military and other aid on Thursday to help push back Islamic State militants who have made further sweeping gains in both Iraq and Syria this week.

Around-the-clock cleanup effort under way on oil-fouled California beach

SANTA BARBARA, May 21 (Reuters) - Cleanup teams labored on Thursday for a third day to remove patches of crude petroleum that stained a California beach and fouled offshore waters from a pipeline rupture that may rank as the biggest oil spill to hit the Santa Barbara coastline in more than four decades.

UPDATE 1-Dutch court to rule on Eemskanaal gas field by June 1

AMSTERDAM, May 21 (Reuters) - A Dutch court will rule on a request to restrict gas production at Eemskanaal, part of the large Groningen gas field, by June 1, Council of State spokeswoman Sabine Heijstek-van Leussen said.

UPDATE 1-Suicide car bomber kills two near Libya's Misrata-state agency

MISRATA, Libya, May 21 (Reuters) - A suicide car bomber blew himself up at a checkpoint near Libya's western Misrata city on Thursday, killing two guards, state news agency LANA quoted a military source as saying.

Tanzanian leader says aid conditions degrading

DAR ES SALAAM, May 21 (Reuters) - Tanzanian President Jakaya Kikwete said on Thursday that Western donors are setting degrading conditions for aid to the east African nation and he could be forced in time to tell them: "keep your aid".

Hanergy stock plunge to test Hong Kong securities watchdog

HONG KONG, May 21 (Reuters) - Sharp share price swings are testing the ability of Hong Kong's securities regulator to prevent potential market abuse and contain a surge in volatility brought about by a landmark trading link with Shanghai.

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