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Metals and Mining Steel Producers

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminum in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminium in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • *China Q2 GDP growth at 6.9 pct y/y, unchanged from Q1. BEIJING, July 17- China's economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk. Growth in China's economy this year has...

  • Canadian Prime Minister Justin Trudeau (L) and U.S. President Donald Trump talk as they arrive for a family photo, during the G7 Summit in Taormina, Sicily, Italy, May 26, 2017.

    Trudeau said Trump told him that he did not expect to subject Canadian steel and aluminum to face tariffs on national security grounds.

  • 'Absolutely' want steel tariffs: Steel CEO

    Mark Millett, Steel Dynamics CEO, discusses President Trump's comments yesterday about China dumping steel in the U.S.

  • WASHINGTON, July 14- American manufacturers, energy companies and retailers reliant on cheap steel are quietly lobbying against President Donald Trump's desire to impose tariffs on steel imports ahead of possible decision by the U.S. Commerce Department next week. The Commerce Department could issue findings on the matter as early as next week, a decision...

  • WASHINGTON, July 14- American manufacturers, energy companies and retailers reliant on cheap steel are quietly lobbying against President Donald Trump's desire to impose tariffs on steel imports ahead of possible decision by the U.S. Commerce Department next week. The Commerce Department could issue findings on the matter as early as next week, a decision...

  • WASHINGTON, July 14- American manufacturers, energy companies and retailers reliant on cheap steel are quietly lobbying against President Donald Trump's desire to impose tariffs on steel imports ahead of possible decision by the U.S. Commerce Department next week. The Commerce Department could issue findings on the matter as early as next week, a decision...

  • WASHINGTON, July 14- American manufacturers, energy companies and retailers reliant on cheap steel are quietly lobbying against President Donald Trump's desire to impose tariffs on steel imports ahead of possible decision by the U.S. Commerce Department next week. The Commerce Department could issue findings on the matter as early as next week, a decision...

  • *STOXX 600 up 0.1 pct. LONDON, July 14- European shares had their strongest week in more than two months as investors piled back into equities on signs that the world's major central banks would likely not tighten monetary policy as quickly as some had feared. "In Europe, we're still not dealing with any higher interest rates, which should be benefiting the U.S....

  • LONDON, July 14- European shares were poised for their best week in more than two months as investors piled back into equities on signs that the world's major central banks would likely not tighten monetary policy as quickly as some had feared. "In Europe, we're still not dealing with any higher interest rates, which should be benefiting the U.S. slightly in terms of...

  • An American flag is seen as contractor walks on a steel beam while working on the Korean Air Lines Co. Wilshire Grand hotel and office building in downtown Los Angeles, California

    Steel stocks jumped Thursday after a report President Donald Trump said he is considering quotas and tariffs on imports to the U.S.

  • President Donald Trump said he is considering quotas and tariffs to deal with the "big problem" of steel dumping from China and others. It'll stop, "he told reporters on Air Force One during a flight from the United States to France. The index rallied nearly 40 percent in the weeks following the Nov. 8 election, but so far this year it was down 6.6 percent at Wednesday.

  • Steel production at US Steel in Gary, Indiana.

    CNBC's Kate Rogers reports President Trump is considering quotas and tariffs on steel to curb what he says is dumping by the Chinese.

  • WASHINGTON— President Donald Trump is considering putting tariffs and quotas on steel imported from foreign countries. The president says that China and other unnamed countries are dumping steel in the U.S. market. The comments were initially said to be off the record, but the White House decided to make them public Thursday.

  • President Donald Trump said he is considering quotas and tariffs to deal with the "big problem" of steel dumping from China and others. It'll stop, "he told reporters on Air Force One during a flight from the United States to France. Trump also said he would invite Russian President Vladimir Putin to the White House.

  • GRANITE CITY, Ill., July 13- The blast furnaces and slab casters at United States Steel Corp's Granite City Works have been idle for 18 months, and laid-off workers here are pinning their hopes on President Donald Trump imposing broad new restrictions on imported steel. The Cold War-era law that allows the president to restrict imports of goods deemed critical to...

  • *Tight local supply keeps material in China. *U.S., China in talks amid metals trade dispute. China, the world's largest aluminium producer, exported 460,000 million tonnes of unwrought aluminium and aluminium products in June, in line with the previous month, according to the data.

  • *Tight local supply keeps material in China. *U.S., China in talks amid metals trade dispute. China, the world's largest aluminum producer, exported 460,000 million tonnes of unwrought aluminum and aluminum products in June, in line with the previous month, according to the data.

  • China is likely to consume around 690 million tons of steel this year and every year for the next five years, says Alex Griffiths of Wood Mackenzie.