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Trump Signs Executive Order: Steel and Aluminum Tariffs at 50%
US President Donald Trump has kept his promise announced at the end of last week: to double the tariffs on steel and aluminum to 50%. The measure was formalized with an executive order on the evening of Tuesday, June 3, and officially announced during a press...
India’s Steel Giant Aims to Sustain Global Iron Ore Market
The rise of India’s steel industry is often touted as a new source of hope for global iron ore producers, who are looking for alternatives to China, whose consumption appears to be slowing. However, the reality may be more complex than optimistic narratives. India...
Shfe Base Metals Rebound: Tin Leads the Gain
Base metal prices listed on the Shanghai Futures Exchange (Shfe) rallied sharply in the morning session on Wednesday, June 4, with tin leading the gains. After falling the previous day, the metal showed a significant rebound, leading the entire sector higher. As of...
Ivanhoe Announces Kakula Mine Restart in Two Phases
Canadian mining company Ivanhoe Mines has announced the phased resumption of operations at its Kakula underground mine in the Democratic Republic of Congo (DRC). The western section of the mine will be restarted by the end of June, the company said on June 2, while...