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Metals and Mining Steel Producers

  • LONDON, July 4- Industrial metals fell on Tuesday as investors took profits following a recent rally, while expectations of plentiful supply from Indonesia and the Philippines pushed nickel prices down by the most since May 24. Metals had been bolstered on Monday by strong manufacturing data in China, but Capital Economics analyst Caroline Bain said broader...

  • Cemmerce Department investigating steel import impact on security

    CNBC's Ylan Mui reports on the Trump administration's views on steel imports.

  • Trump meets with South Korean President Moon

    CNBC's Eamon Javers reports on remarks by President Trump and South Korean President Moon at the White House on their trade relationship.

  • Trump and a small group of his advisers made clear at a meeting of top officials at the White House on Monday that they want to impose tariffs on steel and likely other imports, according to a report from news website Axios that cites anonymous sources. The White House expects to delay the release of the highly anticipated "Section 232" study until after Trump has...

  • June 30- The United Steelworkers International has warned executives at the largest refinery on the U.S. East Coast that its members are prepared to strike unless cuts to health and pension benefits are restored, according to two sources familiar with the discussions. A warning letter was delivered on Wednesday to Philadelphia Energy Solutions, a joint...

  • Trump reportedly 'hell-bent' on imposing steel tariff despite objections from most advisors

    President Donald Trump is reportedly "hell-bent" on imposing steel tariffs, according to a report from Axios.

  • MUMBAI, June 30- India's greatest tax reform- replacing an array of provincial duties with a nationwide goods and services tax- is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say. The unified tax system is expected to bring change on a far grander scale, removing distortions created by...

  • President Donald Trump will use the premise of a national security review of the U.S. steel industry to demand action by the Group of 20 leaders to reduce excess capacity and other distortions in the global steel market, White House economic adviser Gary Cohn said on Thursday. The Trump administration expects to delay the release of the hotly anticipated study...

  • MUMBAI, June 30- India's greatest tax reform- replacing an array of provincial duties with a nationwide goods and services tax- is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say. The unified tax system is expected to bring change on a far grander scale, removing distortions created by...

  • President Donald Trump will use the premise of a national security review of the U.S. steel industry to demand action by the Group of 20 leaders to reduce excess capacity and other distortions in the global steel market, the top White House economic adviser said on Thursday. National Economic Council director Gary Cohn told reporters that it was unclear when...

  • WASHINGTON, June 29- President Donald Trump will use the premise of a national security review of the U.S. steel industry to demand concrete actions by Group of 20 leaders to reduce excess capacity and other distortions in the global steel market, the top White House economic adviser said on Thursday. National Economic Council director Gary Cohn told reporters...

  • MOSCOW, June 29- Computers at Russian state gas giant Gazprom were infected as part of a global cyber attack on Tuesday, a government official and a person investigating the incident told Reuters. The computer virus, which researchers are calling GoldenEye or Petya, has wreaked havoc on firms around the world as it spread to more than 60 countries.

  • June 29- Japan is planning a wave of new coal-fired power plants as it struggles to revive its nuclear industry which is still mostly shut down in the wake of the Fukushima disaster in 2011. Nuclear power contributed nearly a third of total electricity generated before the catastrophe. Japan had a total 90 coal-fired units at the end of March 2016, with total...

  • *Attack spread worldwide from Ukraine. FRANKFURT/ WASHINGTON, June 28- A computer virus wreaked havoc on firms around the globe on Wednesday as it spread to more than 60 countries, disrupting ports from Mumbai to Los Angeles and halting work at a chocolate factory in Australia. The virus, which researchers are calling GoldenEye or Petya, began its spread on Tuesday...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A new cyber virus spread from Ukraine to wreak havoc around the globe on Wednesday, crippling thousands of computers, disrupting ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday...

  • *Attack first took hold in Ukraine, spread worldwide. FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. Ukraine, the epicentre of the cyber strike, has repeatedly accused...

  • FRANKFURT/ MOSCOW/ KIEV, June 28- A cyber attack wreaked havoc around the globe on Wednesday, crippling thousands of computers, disrupting operations at ports from Mumbai to Los Angeles and halting production at a chocolate factory in Australia. The virus is believed to have first taken hold on Tuesday in Ukraine where it silently infected computers after users...

  • June 27- A global ransomware attack on Tuesday hit computers at Russia's biggest oil company, Ukraine's international airport, global shipping firm A.P. Russia's top oil producer Rosneft said its servers had been hit been a large-scale cyber attack but its oil production was unaffected. Russia's central bank said there had been "computer attacks" on Russian...

  • BERLIN, June 27- The United States might have no choice but to resort to "broad-scale" measures to fight steel dumping should its partners fail to help find a common solution to the problem, U.S. Ross, speaking via live stream to an economic event in Berlin attended by Chancellor Angela Merkel, said that even countries that were not direct sources of dumping could...