August 19, 2018

Hedge funds turned record short on metals just before the rout

As U.S.-China trade tensions escalated mid-June, fast-money traders flipped to a short position in metals overall.

August 17, 2018

Granges halts plans for North America aluminium manufacturing joint venture

The venture was expected to combine Granges' and Mitsubishi Aluminum' expertise in aluminium rolling.

August 15, 2018

Mining and metals markets crater as copper price enters bear market

Investors found no solace in traditional safe haven gold with the precious metal setting a one-and-a-half year low.

August 13, 2018

China may end up inadvertent winner from Trump’s aluminium tariffs: Russell

It's probably not what U.S. President Donald Trump had in mind when imposing tariffs on aluminium imports, but it looks likely that some of the big winners from the 10%…

August 12, 2018

Brazilian steelmaker Usiminas: those injured in blast have left hospital

The blast was centered on a huge barrel-shaped piece of equipment that stores gases released during the steel production process.

August 12, 2018

CSN hires Jefferies to sell assets in Portugal, Germany -paper

The Brazilian steelmaker is also seeking to close a streaming deal next week with a Canadian bank for its mining output in coming years.

August 10, 2018

Trump escalates feud with Turkey, imposing higher metals tariffs

Trump's move sendsReut Turkey's lira currency deeper into tailspin

August 10, 2018

Global bauxite production to grow: Fitch

Fitch Solutions Macro Research states that bauxite production growth will remain high over the coming years, as new projects come online in Australia, Indonesia expands exports, India’s production ramps up,…

August 8, 2018

“Catastrophic” shutdowns expected at Rusal if U.S. sanctions remain

Under the terms of the sanctions, imposed in April in response to Moscow's alleged meddling in the 2016 U.S. election, U.S. customers must wind down business with Rusal by Oct.…

August 7, 2018

Linamar sees higher metals costs as ‘opportunistic’ U.S. companies hike prices

The U.S. Commerce Department said it was investigating recent steel price hikes to determine whether some market participants were "illegitimately profiteering" from 25 percent tariffs introduced by Trump on steel…