Loading
Discounts On Copper Scrap In China In Contraction In April Amid Tariff Pressures And Falling LME Prices
Discounts applied to the import of copper scrap into China narrowed significantly in April, reflecting the bearish trend in three-month copper prices at the London Metal Exchange (LME) and increasing tariff-related pressures. At the same time there has been an...
Barrick Changes Name And Strategy: Focus Increasingly On Copper In An Unstable World
Barrick Gold Corporation, one of the global gold mining giants headquartered in Toronto, has announced a radical change in its industrial strategy: the company has decided to change its corporate name to “Barrick Mining Corporation” to reflect its growing commitment...
Nonferrous Metals Prices Up On Shanghai Futures Exchange Thanks To Positive Climate In U.S.-China Negotiations
All major nonferrous metals traded on the Shanghai Futures Exchange (SHFE) rose during the morning session on Monday, May 12, buoyed by renewed optimism related to trade talks between the United States and China. Markets reacted enthusiastically to news from Geneva,...
U.S.-U.K. Agreement On Steel And Aluminum: Away Goes Section 232 Duties, But Impact Is Limited
A new U.S.-U.K. trade deal has resulted in the removal of Section 232 duties on U.K. steel and aluminum imports, a move seen as “positive” by many parts of the industry as it could help curb the risks of triangulation of Chinese exports. The understanding, announced...