WASHINGTON— The U.S. government has imposed duties on imports of steel pipe from South Korea, India and seven other countries, ruling in favor of U.S. steel producers and unions that had complained those countries were unfairly flooding the American market.» Read More
*Gold drops further from 1- month high. SINGAPORE, Jan 15- Gold retreated for a second session on Wednesday, dropping back from a one-month high, as strong U.S. retail sales and global economic growth prospects prompted a rally in stock markets and dented the metal's appeal as a safe haven.
*World Bank raises forecast for global growth. *Japan's PPC, BHP take holiday from 2014 copper TC/RC term deals. SYDNEY, Jan 15- London copper edged down on Wednesday as traders took profits and as demand eased ahead of the Lunar New Year, but prices were buttressed by improving economic optimism after the World Bank raised its forecast for global growth.
*World Bank raises forecast for global growth. *Japan's PPC, BHP take holiday from 2014 copper TC/RC term deals. SYDNEY, Jan 15- London copper was steady on Wednesday, with demand easing ahead of the Lunar New Year, but prices were buttressed by improving economic optimism after the World Bank raised its forecast for global growth.
SYDNEY, Jan 15- London copper edged up on Tuesday after the World Bank raised its forecast for global growth for the first time in three years, boosting sentiment and burnishing the outlook for demand. *The most-traded March copper contract on the Shanghai Futures Exchange inched up 0.1 percent to 51,710 yuan a tonne.
Jan 14- The new chief executive of CF Industries Holdings Inc is open to finding a better capital structure for the U.S. fertilizer company, including the option of a master limited partnership, Tony Will said on Tuesday in his first interview since taking over this month.
Senator Lisa Murkowski on Tuesday urged President Barack Obama to lift a ban on exporting U.S.-produced crude oil, stepping up pressure on the administration to allow producers involved in the domestic energy boom to gain access to global markets.
Senator Lisa Murkowski urged President Barack Obama on Tuesday to lift a ban on exporting U.S.-produced crude oil, stepping up pressure on the administration to allow producers involved in the domestic energy boom to gain access to global markets.
Aluminum makers have been shifting from mining, refining and smelting and focusing on fabricated products. Here's why.
NEW YORK, Jan 14- Natural gas led gains across U.S. commodities for a second day on Tuesday as cold weather forecasts boosted anticipated demand for heating, and nickel rallied too as investors remained spooked over an export ban by top nickel ore shipper Indonesia.
*China bonded copper premiums drop $10 on week- Shmet. LONDON, Jan 14- Copper dipped on Tuesday due to a firming dollar and caution over growth prospects for the world's top two economies, but a shortfall of metal in the physical markets helped limit losses.
Indonesia banned all mineral ore exports, as expected, on Sunday, but will likely allow some U.S. mining giants to continue shipments.
Alcoa reported quarterly revenue that beat analysts' expectations on Thursday, but earnings came up short.
The spike in COMEX March copper futures prices around midday in NY was due to an "error trade," a source familiar with the matter said.
Breaking down the bearish bets in material stocks, with Brian Stutland of Stutland Volatility. WeyerhaeuSer is reporting earnings on Friday.
Mining giant Glencore Xstrata is expected to write down the value of assets inherited from Xstrata by as much as $7 billion, when it reports first-half earnings on Tuesday.
The Dow is in the red but industrial names are hitting new highs today. James Paulsen, Wells Capital Management; and Jerry Castellini, CastleArk Management, weigh in on big moves in the market.
With the S&P 500 reaching new records and flirting with 1,700, data show it to be a broad-based move, with all 10 S&P sectors close to 52-week highs.
Cyclicals are heating up as the summer approaches and the economy starts to show signs of improvement, analysts say.
Materials have lagged all year, but one option trader is betting that the sector will go from worst to first.
After years of on-off talks, Glencore's head Ivan Glasenberg gets to complete the $30 billion acquisition of Xstrata on Thursday, the mining industry's biggest takeover yet.
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