Business Materials and Metals

  • Rio Tinto hits its iron ore guidance but...

    Rob Brierley at Patersons Securities talks about how the miner missed its copper targets and his expectations for iron ore prices.

  • BRASILIA, Jan 16- Brazil will increase a subsidized credit line available to farmers to prepare for the 2017-2018 crop by about one-fifth to 12 billion reais, President Michel Temer told Reuters on Monday. The new crop financing will allow Brazilian producers to purchase agricultural inputs such as seeds, fertilizers and pesticides at reduced interest rates...

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," Cantor Fitzgerald analyst Asa Bridle said.

  • LONDON, Jan 16- The gloves have just come off in the simmering dispute between the United States and China about that country's rising exports of aluminum. The United States last week launched a formal complaint at the World Trade Organization, taking aim at China's "subsidies to certain producers of primary aluminum." Such subsidies, the United States claims,...

  • LONDON, Jan 16- The gloves have just come off in the simmering dispute between the United States and China about that country's rising exports of aluminium. The United States last week launched a formal complaint at the World Trade Organization, taking aim at China's "subsidies to certain producers of primary aluminum". Such subsidies, the United States claims,...

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *Nickel retreats again after Indonesia lifts export ban. LONDON, Jan 16- Copper eased on Monday as a stronger dollar prompted some investors to cash in gains after last week's upbeat Chinese and U.S. data lifted the metal to a five-week high overnight. "This is probably just a bit of a pause for breath," said Cantor Fitzgerald analyst Asa Bridle.

  • *London copper slips after rising over 5 pct last week. *Indonesia nickel ore export policy in focus. SYDNEY, Jan 16- London copper prices eased on Monday as some investors took profits following hefty gains last week on the back of strong economic data from the United States and China.

  • *Refinery expected to be back online this week- source. SINGAPORE/ DUBAI, Jan 16- Abu Dhabi National Oil Company has shut half the capacity at its 800,000 barrels-per-day Ruwais refinery after a fire there last week, three industry sources familiar with the matter said on Monday. The refinery mainly processes ADNOC's flagship Murban crude and the producer has...

  • SYDNEY, Jan 16- Plans to provide government support to keep open a 30- year-old aluminium smelter in Australia owned by Alcoa have made "progress", parties involved in talks said on Monday without giving details. "Significant progress has been made over the weekend, with great demonstrations of good faith from all parties working to find a solution for the future...

  • *Indonesia nickel ore export policy in focus. SYDNEY, Jan 16- Copper prices rose on Monday, extending hefty gains from last week on the back of strong economic data from the United States and China. Customs figures on Friday showed China shipped in a record 4.95 million tonnes of copper in 2016, while U.S. data revealed broad retail sales in that country climbed in...

  • TOKYO, Jan 16- Japan's Nikkei share average slipped on Monday as investors locked in gains, bracing for more detail on the Trump Administration's trade policies, with steelmakers and shippers leading the losses. "Some people are taking profits as they look at his protectionist, dark side of his policies," said Norihiro Fujito, senior investment strategist at...

  • SYDNEY, Jan 16- Copper prices climbed on Monday, extending hefty gains that came last week as the outlook for demand brightened in the wake of strong economic data in top consumers of the metal. *The most-traded copper contract on the Shanghai Futures Exchange advanced 1.35 percent to 48,140 yuan a tonne. *Sterling slid to three-month lows in Asia on Monday with...

  • LONDON, Jan 13- Almost exactly three years ago Indonesia rocked the global nickel market by banning the export of unprocessed minerals. Now Indonesia has done it again, this time by part reversing that ban. The fear is that Indonesia will ramp up both production and exports again, reversing a shift to supply shortfall in the global nickel market and killing off a...

  • *Indonesia may export up to 5.2 mln T nickel ore- minister. *Freeport to convert to special mining permit- minister. *Freeport has to divest up to 51 pct, IPO being considered.

  • *Indonesia produces 17 mln T of nickel ore per year- minister. *Freeport to convert to special mining permit- minister. *Freeport has to divest up to 51 pct, IPO being considered.

  • *Indonesia produces 17 mln T of nickel ore per year- minister. *Freeport to convert to special mining permit- minister. *Freeport has to divest up to 51 pct, IPO being considered.

  • WASHINGTON— President-elect Donald Trump's meetings with CEOs seeking federal approval for major mergers are raising red flags for ethics lawyers concerned that about the possible erosion of a firewall between the regulators tasked with approving the billion-dollar deals and the White House. On Thursday, Trump sat down to discuss jobs with the chief...

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