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 scales $180/tonne to within reach of record highs
FT reports iron ore prices hit a three-month high above $180 a tonne on Thursday as supply outages and strong demand from China underpinned the steelmaking commodity. Started in 2008, derivatives trading in iron ore is up fourfold this year...
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