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Metals and Mining Steel Producers

  • SYDNEY, April 24- Shanghai copper futures ended higher on Monday after see-sawing for most of the session as investors cut bets that Chinese demand was getting stronger and global tensions were easing. President Donald Trump prepared to call the leaders of China and Japan. *The most-traded copper contract on the Shanghai Futures Exchange gained 0.23 percent...

  • BEIJING, April 24- Washington's move to probe steel imports could trigger a trade dispute between the United States and its major trading partners, who are likely to take retaliatory steps, the official China Daily said in an editorial on Monday. President Donald Trump on Thursday launching an investigation of China and other steel producers for dumping cheap...

  • SYDNEY, April 24- Shanghai copper futures opened higher on Monday but quickly went into negative territory as investors cut bets that Chinese demand was getting stronger and that global tensions were easing. President Donald Trump prepared to call the leaders of China and Japan. *The most-traded copper contract on the Shanghai Futures Exchange dropped 0.24...

  • *Rebates, huge surplus fueling China's steel exports. President Donald Trump's first shot across China's bow over its steel exports, escalating a years-long brawl over trade between the world's top two economies, may not pull up Beijing. Speaking in the U.S. capitol at IMF and World Bank meetings after Trump launched a trade probe against China and other...

  • LONDON, April 21- Is aluminium the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminium prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • LONDON, April 21- Is aluminum the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminum prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • *Wall Street set to open marginally higher. LONDON, April 21- Global markets appeared largely calm on Friday, the last day of trading before the first round of France's presidential election, with French bond yields hitting a three-month low and the euro treading water against the dollar. U.S. stock index futures indicated Wall Street would also open a little...

  • SEOUL, April 21- South Korea plans to raise the issue of U.S. restrictions on steel imports at World Trade Organization committee meetings next week, its trade ministry said on Friday. The United States has already slapped a series of anti-dumping duties on steel imports from South Korea and other countries. The United States is the biggest market after China for...

  • LONDON, April 21- Is aluminium the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminium prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • LONDON, April 21- Is aluminum the new steel for China's policy-makers? Threats to close capacity in the region around Beijing over the winter heating months had already propelled aluminum prices higher. They have just been given a further boost by news that Beijing has ordered the suspension of new capacity in the northwestern province of Xinjiang.

  • *Rebates, huge surplus fuelling China's steel exports. President Donald Trump's first shot across China's bow over its steel exports, escalating a years-long brawl over trade between the world's top two economies, may not pull up Beijing. Speaking in the U.S. capitol at IMF and World Bank meetings after Trump launched a trade probe against China and other...

  • LONDON, April 21- Global steel demand will grow more than previously forecast in 2017 due to a recovery in developed economies and accelerating growth in emerging and developing markets, especially Russia, Brazil and India, an industry body said on Friday. "We expect that Russia and Brazil will finally move out of their recessions. "However, China, which accounts...

  • TOKYO, April 21- Japanese steelmakers have bought coking coal from the United States, Canada and China to replace supply lost after a cyclone closed rail links in Australia, their biggest supplier, industry and trader sources said. In 2016, Japan bought about 71 percent of the 59.9 million tonnes of coking coal it consumed from Australia. "We've tapped supplies by...

  • SYDNEY, April 21- Zinc led a near across-the board rise in Shanghai base metals futures on Friday on the back of robust gains in overnight London trading and buoyant equity markets. The most-traded zinc contract on the Shanghai Futures Exchange climbed more than 3 percent to 21,860 yuan a tonne. Three-month zinc on the London Metal Exchange maintained...

  • *Asia ex- Japan stocks set for weekly loss; Nikkei higher. SINGAPORE, April 21- Asian stocks were set to end the week on a positive note, unscathed by a U.S. trade probe on Chinese steel exports, while the euro remained on edge ahead of Sunday's first round in a tight French presidential election after a shooting overnight in Paris that was claimed by Islamic State.

  • SEOUL, April 21- The South Korean government and steel industry should consider all measures including filing a complaint with the World Trade Organization in response to "deepening U.S. trade protectionism," a steel company official told Reuters. President Donald Trump on Thursday launched a trade probe against China and other exporters of cheap steel into...

  • *Japan happy with G20 sticking to FX commitment at Germany. *Japan told G20 shouldn't be complacent despite global pickup. Aso also said it was a "big achievement" for Japan that G20 finance leaders reconfirmed their commitment at last month's meeting in Germany that excessive currency volatility was undesirable, language Tokyo interprets as justifying...

  • Citing concerns about national security, Trump on Thursday launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs. In Japan, shares in Nippon Steel rose 1.3 percent, after five weeks of steady losses, partly on speculation that any action by the U.S. would mostly target China which is...

  • A closer look at Chinese steel

    Keith Tan, S&P Global Platts, says the impact on steel trade is expected to be minimal as very little Chinese steel goes to the U.S. presently.

  • SEOUL, April 21- South Korea's government and steel industry should consider all measures including filing a complaint with the World Trade Organization in response to "deepening U.S. trade protectionism", an industry source told Reuters on Friday. President Donald Trump on Thursday launched a trade probe against China and other exporters of cheap steel into...