Trump restructures broad metals tariffs but keeps 50% rate
Under the new structure, goods with total steel, aluminum or copper content below 15% will be effectively exempted from the metals tariffs.
Iron ore price rises as China markets reopen after holiday
The iron ore price rose on Friday after a week-long holiday in China, with market participants upbeat about demand prospects for the raw material in the world's top steel producer. China's electricity shortage has raised concerns energy-intensive electric arc furnaces...
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