
Hongmei Li
Articles
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2 weeks ago |
mining.com | Lewis Jackson |Hongmei Li |Sonali Paul
The longstanding global pricing benchmark for most traded iron ore cargoes will be adjusted in 2026 to reflect the falling quality of ore from top supplier Australia, pricing service Platts said. Platts, part of S&P Global Commodity Insights, proposed to revise down the specification for its benchmark index to 61% iron content from 62% due to the declining quality of Australian iron ore fines, the global price reporting agency (PRA) said on Tuesday.
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3 weeks ago |
aol.com | Eric Onstad |Hyunjoo Jin |Hongmei Li
By Eric Onstad, Hyunjoo Jin and Hongmei LiLONDON/SEOUL/SINGAPORE (Reuters) -U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs on imports of the two metals to 50%.
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1 month ago |
money.usnews.com | Hongmei Li |Pratima Desai |Lewis Jackson
By Hongmei Li, Pratima Desai, Lewis JacksonHONG KONG/LONDON (Reuters) -Unusually large shipments of copper to the United States are unlikely to abate as long as the threat of tariffs hangs over the market and price premiums for the metal on U.S.-based COMEX make deals profitable for traders and producers, analysts said.
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1 month ago |
reuters.com | Hongmei Li |Pratima Desai |Lewis Jackson
Traders work on the floor of the London Metal Exchange, in London, Britain September 27, 2018.
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1 month ago |
mining.com | Hongmei Li |Lewis Jackson |Veronica Brown
Unusually large shipments of copper to the United States are unlikely to abate as long as the threat of tariffs hangs over the market and price premiums for the metal on US-based COMEX make deals profitable for traders and producers, analysts said. Since February, when US President Donald Trump ordered a probe into potential new tariffs on imports of copper vital for electric vehicles, power grids and construction, prices of the metal on COMEX have soared.
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