U.S. steel tariffs meet barrage of criticism at WTO
GENEVA, March 23 (Reuters) – U.S. President Donald Trump’s steel and aluminium tariffs met a barrage of criticism at a World Trade Organization meeting on Friday, as the European Union, Japan, Australia and others joined a debate started by China and Russia. The EU representative dismissed U.S. assertions that the steps were needed to protect […]
Kupferproduktion wird stark ansteigen
(Miningscount) Die weltweite Kupferproduktion wird laut einer neuen Studie in den nächsten Jahren überproportional stark wachsen. Steigende Kupferpreise und eine hohe Nachfrage nach Elektromobilen werden dazu führen, dass viele Kupferprojekte in Zukunft ausgebaut und weiter vorangetrieben werden. Laut den Analysten von BMI Research sollte der Output von Kupfer weltweit zwischen 2018 und 2027 um jährlich […]
US-Handelspolitik belastet Kupfer und Co
(shareribs.com) London 23.03.18 – Die Industriemetalle können sich den Querelen um Handelszölle, initiiert von den USA, nicht entziehen. Es wird befürchtet, dass der Streit um Zölle das globale Wirtschaftswachstum beeinträchtigen könnte. Die USA haben Strafzölle auf Aluminium- und Stahlimporte eingeführt. Darüber hinaus teilte US-Präsident Trump am Donnerstag mit, dass chinesische Importe im Umfang von 60 Mrd. […]
Congo rejects mining industry proposal to soften new code
KINSHASA, March 23 (Reuters) – Democratic Republic of Congo’s mines minister rejected a proposal by mining companies on Friday to soften some provisions in a new mining code in exchange for higher royalties. Mining companies said on Friday they would be willing to pay the government more to produce cobalt, gold, copper and other minerals […]
Base metals hit multi-month lows on trade war fears
LONDON, March 23 (Reuters) – Base metals hit multi-month lows on Friday as the threat of a global trade war that could damage growth escalated after U.S. President Donald Trump announced tariffs on up to $60 billion of Chinese goods. Trump is planning to impose the tariffs for what he says is misappropriation of U.S. […]
Eurokurs legt etwas zu – Zölle gegen China belasten Dollar
FRANKFURT (dpa-AFX) – Der Kurs des Euro ist am Freitag gestiegen. Neue Strafzölle der USA für Waren aus China belasteten den US-Dollar. Der Euro wurde zuletzt bei 1,2338 Dollar gehandelt, nachdem der Kurs in der vergangenen Nacht noch knapp über der Marke von 1,23 Dollar gelegen hatte. Die Europäische Zentralbank (EZB) hatte den Referenzkurs zuletzt […]
Russia preparing restrictions on U.S. imports in response to U.S. tariffs
MOSCOW, Russia, March 23 (Reuters) – Russia’s Ministry of Trade and Industry said on Friday it was preparing to impose restrictions on U.S. imports in response to U.S. tariffs on steel and aluminium, the Interfax news agency reported.
EU says Trump putting gun to our head, seeks permanent tariff exemption
BRUSSELS, March 23 (Reuters) – European Union leaders called on Friday for a temporary exemption from U.S. import duties on steel and aluminium to be made permanent, saying they reserved the right to respond in an “in a proportionate manner” to protect the bloc’s interests. The 40-day exemption granted by Washington was like U.S. President […]
Norsk Hydro sees limited impact from U.S. aluminium tariffs
OSLO, March 23 (Reuters) – Norwegian aluminum-maker Norsk Hydro said on Friday new U.S. tariff barriers on aluminium would have little direct impact on the firm. U.S. President Donald Trump signed a memorandum on Thursday that will impose tariffs on products such as steel and aluminium. The EU and some other allies were exempted from […]
London copper rallies off 3-month low on Fed move
MELBOURNE, March 22 (Reuters) – London copper climbed off its lowest in three months on Thursday after the U.S. Federal Reserve signalled a slower pace of rate rises this year, which weighed on the dollar. „Post the FED rate hike and forward guidance on an additional two hikes, the market found reason to re-assert the […]