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3 weeks ago | 
bloomberg.com | Colum Murphy |Lucille Liu |Martin Ritchie
David Perdue, the new US Ambassador to China, arrived in Beijing to take up his post as the world’s two largest economies navigate a delicate trade truce. Perdue, a former Republican Senator for Georgia, landed in the Chinese capital on Thursday, according to a post on his official X account.
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1 month ago | 
post-gazette.com | Rachel Phua |Joseph Deaux |Martin Ritchie |Evan Robinson-Johnson
Cleveland-Cliffs Inc. announced Wednesday that it would not be going ahead with plans to turn a massive warehouse in Weirton into a hub for electrical transformers. The West Virginia project, which had been expected to employ hundreds of United Steelworkers members, had been hailed by public officials when it was announced last summer. Cleveland-Cliffs had closed a tinplate mill there earlier that year.
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1 month ago | 
bloomberg.com | Rachel Phua |Joseph Deaux |Martin Ritchie
An employee removes slurry from crucibles of molten aluminum and magnesium at a foundry in Ravenna, Ohio. (Bloomberg) -- When the world’s biggest aluminum- and steel-makers report first-quarter earnings, investors are hoping they’ll offer a window into how President Donald Trump’s tariff measures will ripple through the industry in the coming year. The administration’s 25% levy on imports of the metals have jolted prices higher in the first quarter, boosting the financial outlook for US producers.
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1 month ago | 
detroitnews.com | Rachel Phua |Joseph Deaux |Martin Ritchie
Rachel Phua, Joe Deaux and Martin RitchieBloombergWhen the world’s biggest aluminum- and steel-makers report first-quarter earnings, investors are hoping they’ll offer a window into how President Donald Trump’s tariff measures will ripple through the industry in the coming year. The administration’s 25% levy on imports of the metals have jolted prices higher in the first quarter, boosting the financial outlook for US producers.
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1 month ago | 
news.bloomberglaw.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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1 month ago | 
news.bloomberglaw.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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1 month ago | 
bloomberg.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
The Archer-Daniels-Midland Co. West Plant in Decatur, Illinois. (Bloomberg) -- Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. The company is phasing out domestic trading at its Topefer Shanghai unit, citing a “challenging environment,” ADM said in a statement Monday.
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1 month ago | 
chicagobusiness.com | Alfred Cang |Hallie Gu |Martin Ritchie |Michael Hirtzer
Archer-Daniels-Midland Co., one of the world’s largest crop traders, is shrinking its operations in China as part of a company-wide restructuring effort following a downturn in profits and a bruising accounting scandal. Citing a “challenging environment,” the company said Monday in a statement that it’s phasing out domestic trading at its Topefer Shanghai unit.
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2 months ago | 
bloomberg.com | Martin Ritchie |Katharine Gemmell
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Feb 21, 2025 | 
bloomberglinea.com | Katharine Gemmell |Martin Ritchie
Bloomberg — Vietnam y la India se encuentran entre los productores de acero asiáticos de rápido crecimiento que corren el riesgo de verse perjudicados si el presidente Donald Trump sigue adelante con los aranceles generales sobre todas las importaciones estadounidenses del metal. La industria siderúrgica mundial se prepara para el impacto de los gravámenes del 25% previstos por Trump, que comenzarán el 12 de marzo.
