Feb 13 (Reuters) – Gold gained on Thursday as markets tracked U.S. President Donald Trump’s tariff plans, which could further escalate a global trade war, ahead of another set of inflation reading from the U.S. after its consumer prices jumped ...
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US coal exports to India expected to rise due to China tariffs
NEW DELHI, Feb 11 (Reuters) – The United States is expected to boost coal exports to India after China imposed tariffs on energy imports from the U.S., five industry officials said, potentially eroding Australia and Russia’s market shares in the Indian market. ...
Gold set for sixth successive weekly gain; US payrolls report in focus
Feb 7 (Reuters) – Gold prices rose on Friday, hovering near record-high levels and set for a sixth successive weekly gain, as trade war concerns fuelled safe-haven buying ahead of the key U.S. payrolls report. Spot gold was up 0.3% ...
Rio Tinto faces new iron ore shipping snarls due to cyclones
Rio Tinto said on Tuesday it had begun clearing iron ore ships from two Western Australian ports as two tropical cyclones offshore swell seas and complicate its efforts to repair infrastructure damaged by a previous cyclone last month. “Safety is our ...
ArcelorMittal to build new steel plant in US to meet auto sector demand
ArcelorMittal said on Thursday that it would build an advanced steel manufacturing facility in Calvert, Alabama, as it seeks to increase its production capacity to meet demand from the U.S. automotive sector. The world’s second largest steelmaker said the plant would ...