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MORNING VIEW: Base metals prices mixed following Thursday’s sharp pullbacks
Base metals prices on the London Metal Exchange were mainly stronger during morning trading on Friday October 22, but those on the Shanghai Futures Exchange were largely down – this follows significant losses on the LME on Thursday.
October 22, 2021
·
By William Adams
Insights
US-EU Section 232 pact seen sparking import surge
Steelmakers in the United States and the United Steelworkers (USW) union warned that a potential US accord with the European Union to end the dispute resulting from the former President Donald Trump administration’s Section 232 steel and aluminium tariffs could boost imports from Europe and hurt the domestic industry.
September 9, 2021
·
By Mark Shenk
Insights
MORNING VIEW: Base metals and broader markets upbeat again
Base metals prices were higher on both the LME and the SHFE this morning, Friday September 10, with the broader markets also up. Additionally, metals that were previously looking vulnerable now look less vulnerable, suggesting traders are still comfortable being exposed to the metals.
September 10, 2021
·
By William Adams
Insights
Steel cheers US court ruling on Section 232
Steelmakers in the United States applauded a ruling by the US Court of Appeals for the Federal Circuit that confirmed the US President can boost Section 232 tariffs long after they were first implemented.
July 14, 2021
·
By Mark Shenk
Insights
US steel industry lauds Biden’s $2-trillion infrastructure plan
US President Joe Biden’s $2-trillion infrastructure and jobs package is being applauded by domestic steelmakers and the United Steelworkers union.
April 2, 2021
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By Mark Shenk
Insights
EVs net lion’s share in US infrastructure proposal
Electric vehicles (EVs) and batteries feature prominently in US President Joe Biden’s $2-trillion plan to rebuild the country's infrastructure and economy.
April 7, 2021
·
By Rijuta Dey
Insights
MORNING VIEW: Base metals prices mainly higher on weaker dollar as Joe Biden becomes president-elect
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.
November 9, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals firmer in Shanghai, mixed in London
While copper and tin prices are showing some hesitancy on the London Metal Exchange, most of the other base metals are looking robust this morning, Friday June 25, and all the base metals in Shanghai are upbeat too.
June 25, 2021
·
By William Adams
Insights
CBOT soybean oil futures hit 12-year high, trades limit up
CBOT futures surged to the highest level since July 2008 on Thursday as it gained 4% in a single session and triggered a...
April 22, 2021
·
By Rei Geyssens, Liliana Minton
Insights
Lithium, rare earth production could provide jobs for coal miners, US energy secretary says
The United States’ transition to new energy will require increased domestic mineral production, Energy Secretary Jennifer Granholm said on Tuesday March 9.
March 10, 2021
·
By William Clarke
Insights
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