The market was not too impressed with Anglo American's UK cement and aggregates joint venture with Lafarge. Anglo American will put its Tarmac business into the 50/50 joint venture. The businesses have combined revenues of £1.8bn and there could be cost savings of £60m a year. In 2010, Anglo American generated an operating profit of $9.1bn from its core operations. BHP Billiton is lower after it was reported that the miner wants to set coking coal prices for Japanese steelmakers on a monthly, rather than quarterly, basis. They were previously set once a year. Steelmakers are against the change because it will make their costs more volatile. Coking coal prices are at an all time high following the Queensland floods. B&Q owner Kingfisher has risen on further consideration of yesterday's figures. Satellite operator Inmarsat has awarded iDirect a $60m contract as part of the ground network infrastructure for the Global Xpress broadband operation. FTSE 100 - Risers African Barrick Gold (ABG) 571.00p +3.72%Scottish & Southern Energy (SSE) 1,219.00p +1.92%Imperial Tobacco Group (IMT) 1,960.00p +1.82%Hammerson (HMSO) 449.00p +1.81%Kingfisher (KGF) 260.90p +1.72%Severn Trent (SVT) 1,471.00p +1.17%Inmarsat (ISAT) 691.50p +1.17%TUI Travel (TT.) 249.80p +1.17%Land Securities Group (LAND) 743.00p +1.02%British Land Co (BLND) 568.00p +0.98%FTSE 100 - Fallers Petrofac Ltd. (PFC) 1,466.00p -3.11%Rio Tinto (RIO) 4,395.50p -2.29%Anglo American (AAL) 3,221.00p -2.26%Barclays (BARC) 326.30p -2.17%BHP Billiton (BLT) 2,399.00p -1.86%ARM Holdings (ARM) 619.50p -1.67%Resolution Ltd. (RSL) 289.60p -1.66%BG Group (BG.) 1,474.00p -1.54%Standard Chartered (STAN) 1,670.00p -1.47%Sage Group (SGE) 288.50p -1.43%